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Updated over 6 years ago on . Most recent reply

Hire a property management company or hire an FTE?
I currently have 25 rental properties (spread among mostly 3-family properties in the greater Boston area). Over the next year I want to double that portfolio. Before I do that though, I want to ensure that I have a solid system in place to manage the rentals that will be able to scale with me. Up to this point I've managed the properties, but going forward I'm considering a couple of different options: invest in a property management software program (Buildium, AppFolio, etc) and hire a part/full-time person to focus solely on that OR source the work to an existing property management company. Thoughts on the strategy or approach.. or any other options?