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Updated about 5 years ago on . Most recent reply
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Needed - Guidance/Best property Manager in Albany, NY Area
We have 8 units currently, although our single family will be on the market in the spring. I have never been handy but I have always enjoyed the other stuff - drawing up leases, collecting rent, hiring contractors, managing data/income (we use Stessa). However, I am a 39 year old working professional w/ 3 extremely busy kids and things have become increasingly difficult to manage. More pressing, is my worry that I don't have a stringent enough vetting process in place and sometimes I let my good nature get in the way of making educated decisions. Additionally, 2 of the 3 buildings we own were built in the 1920's so we will need to invest in upgrades as units turnover. This is not necessarily a strong suit of mine and I am worried that I will fall short of my goal of maximizing returns. We invest in Delmar, which is a small sleepy suburb just outside of Albany, NY. Any guidance (and help locating a high quality property manager) would be appreciated!