General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago,
Multiple Property Managers
Hey guys, thank you in advance for your insight and education.
I currently have 9 rental properties but also I play professional baseball with the Chicago White Sox, so I am constantly out of the state and rarely am at home in my hometown in Indiana. I currently have three property managers manage 8 of the 9 properties as my dad manages the ninth.
My approach so far has been to continue with all three PM business because I like seeing how each PM business operates and what is different from each one plus I like them all to know that I use other PM businesses so they know they are competing for my business. Does anyone have any insight on whether this is a wise idea to delegate to different management teams or if I should consolidate into just one PM? I bought all 9 units in my first year so I am still fairly new to being a landlord. I am just trying to figure out the best system moving forward. Thanks again BP!
-Nolan Sanburn