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Updated over 6 years ago,
Just Finished My Rehab Time to Rent?
So I just spent the last 4 months rehabbing a previously foreclosed home in Central KY. I’ve put a lot of time and money into doing so and have built great equity in this property already. My Question now is this what’s my next move. I have spent months trying to educate myself on the process of managing it myself and looking into the pros and cons of utilizing a property management company. I would really like to manage it myself but the legalities of doing so kinda have me a little scared to be honest. For example if I was able to put everything into the lease agreement that I wanted too it would be 30 pages which I completely understand would detour anyone from wanting to rent from me. I know everyone recommends finding an attorney to review your documents but then how do you know your selecting the right attorney. Really wish I had a local Mentor but unfortunately I live in a small town and it doesn’t seem like there is a lot of people willing to help. The legality of it all kinda has me stumped.