Self Managing Rental Properties

[Jonathan Trimboli]

I’ve been pondering the idea of self managing my rental properties but starting/running it as a business and making a company out of it vs. using a rental management company someone else owns. Anyone done this? Pros & Cons? Looking for insight.

[Timothy VanWingerden]

How many rental properties do you have? I have 8 and I self-manage. I treat every aspect of my management as a business and I have enjoyed it. I think that when I really start to scale I will need to decide if I want to start a PM company or just outsource it. 

I believe self-managing is the way to go when starting out because of the additional cash flow. But it just depends on how active you want to be with your investments.