Property Manager or Landlord First rental

[Account Closed]

Hello Everyone!

So as the title states, What is everyone's take on this.

I am in the process of putting my first property up as a rental. I found a property management company that charges 10% all in, no other fees, etc.

Now, for only one property, do you recommend I landlord or hire it out?

[Jimmy Lee]

Congratulations!  This can definitely be a scary but rewarding experience!  I remember I was terrified renting out my home initially; then excited!

You need to verify that the property manager is not just there to collect money and be there only for the tenant.  There are good property managers and really bad ones.  I would vet the property managers; just as you would a tenant.  After all, no one is going to take care of your stuff, like you.

I personally have enjoyed managing my property.

Disclaimer: I was burned by a property manager and now manage myself.