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Updated about 2 years ago,
Should I manage a friends rental?
I'm a realtor in FL and a friend of mine is going to move and rent out her current home. As an aspiring investor, would it make sense for me to become her property manager and essentially get paid to learn that aspect of the business? I have a network of handymen and contractors for all the hands on requirements. I'm wondering if I could use my pro access to rent-redi for this even though it's not my property? Without being able to use Rent Redi for free to automate the systems, I don't think it would make sense for me to do. Since I'm learning the ropes, I was thinking of only charging her 5% for the services (Its roughly a $3,000/month rental) TIA for all feedback!