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Updated over 2 years ago,
Thoughts on property management as a side business?
Hey all! I am always looking for more ways to produce income, currently I am employed full time working for the government and I own 6 LTR units and self manage them.
I was curious what it would take if I wanted to start managing other people's properties on the side. My biggest concern is having a 9-5 mon-fri job, and if I would be able to field calls/requests during business hours. I can l make phone calls if need be but would prefer to do email/text for management purposes during these hours.
I would obviously start small just managing like 5 units to see if it works. Do you guys have any thoughts on if it's possible to do with a 9-5 day job? And what systems would you recommend to have in place or any advice would be great. If it was something I could scale I would definitely be open to expanding it. Thanks!