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Updated over 1 year ago, 07/17/2023
Self management from a Distance
Is it possible to manage a property from out of state without a PM. After interviewing a ton of Property Mgmt companies I noticed they will chew into my investment before I even begin with the amount of fees they carry. I'm not bashing the PMs out there who work diligently to provide the best services to investors but when you are a newbie it's hard to just hand over your new property and have the PM chewing at all the profits. If it's possible to manage from a far can someone give me a play by play as to how to go about it. Like
Who can I hire to show my property to potential tenants?
Who can I call to do a quarterly inspection to ensure the tenants haven't burn the house down and 50 people are not in a 2bedroom that's only suppose to be 3people.
I was told I can use doorloop for screening and various other aspects of managing my property
Who can I get to drive-by to make sure the property is in tact, snow cleaning, lawn care etc. Basically fulfilling the obligations of a PM but I would be calling and delegating and collecting my own rent. I will need this in Indianapolis Indiana. Constructive advice only please.