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Updated almost 7 years ago on . Most recent reply

User Stats

60
Posts
5
Votes
Jeff J.
  • Investor
  • Saint Paul, MN
5
Votes |
60
Posts

Self managing out of state multi family?

Jeff J.
  • Investor
  • Saint Paul, MN
Posted
Presently I self manage 2 multi family properties. In two years I will be relocating to another state and I have interviewed a few property managers. However. With my cell phone I can continue to manage these properties anywhere in the world. The only thing missing is eyes and ears and in general boots on the ground. I have good caretakers so why don't I just train and empower them to do the things I cannot do once I have relocated? What am I missing? Has anyone else attempted this? What problems arise? Thanks Jeff

Most Popular Reply

User Stats

6,241
Posts
3,800
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Aaron K.
  • Specialist
  • Riverside, CA
3,800
Votes |
6,241
Posts
Aaron K.
  • Specialist
  • Riverside, CA
Replied

@Jeff J. It sounds like you have made up your mind, if you are confident that you can do it nobody is stopping you, but if I were you I might pick a property manager in town that you would use if you had to so that if you got tired of self managing and wanted to switch you could do so with a bit more confidence.

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