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Updated over 1 year ago,
Switching from PM to Self-Manage in the middle of an active lease
Team, I am looking to beginning to self-manage my first rental, as I am actually moving not too far away from it with my second unit in about a month. What would be the best way to do this, and what challenges might I face? In my mind, I anticipate calling my PM and letting her know, and giving her a website that she can relay to the tenants for their future rent payments, work orders, questions, etc., and I'd pull the current leases and docs, upload them to what will be their new rent payment portal, and roll from there.
This will significantly increase my cash flow, and I now have the capacity to feel comfortable doing so. Any advice is appreciated!