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Updated about 7 years ago, 09/22/2017
Piecemealing Property Management from Out of State
I am a Buy & Hold Investor and currently have 6 properties in the Northern Suburbs of Chicago (Lake County). I will be moving to Phoenix in spring-summer of 2018, and am wondering how I will handle the management of these properties from afar. I currently have a great handyman who is very responsive, and also my realtor will show my properties when their are vacancies. I believe that I will try to manage my properties from Arizona since I seem to have a team that will be able to fit my needs. I just don't see why I should pay a PM 8-10% to make the phone calls to the people that I already have in place. I am looking for input & advice from any landlord's and/or property managers out there who might see something that I am missing. Thanks!