General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 16 years ago, 09/17/2008
Using a management company
Wanted to get opinions. Self-manage or hire out? I have done both. Paid about 8%, although that was a few years ago. Currently I pay a manager to handle everything but the accounting. Eliminates alot of the headaches.
In the long term, my analysis says that the ROI using an management firm vrs self managing was about a 1% difference. A 12% after tax return vrs a 13%. Am I way off base?