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Updated almost 5 years ago on . Most recent reply

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86
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17
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Jordan L.
  • Investor
  • USA
17
Votes |
86
Posts

Does anyone self-manage remotely?

Jordan L.
  • Investor
  • USA
Posted

I currently own 7 single family rental properties in North and South Carolina and I’ve been a landlord since 2014. Due to a number of circumstances I have been considering switching to self-management for some time now. Do any of you self manage from across the country?

I’m aware of certain ways to help myself already... for example: rent collection and tenant screening with Cozy or something similar, and Rently for self-showing of vacant properties. I do have a few good pairs of boots on the ground in the area as well. Additionally, I have been handling all of the maintenance calls on my properties, so I’m comfortable with that.

What are some of the hurdles you’ve overcome if you self-manage from far away, and how did you overcome these obstacles?

One of my concerns are move-out walk-throughs and how to handle them.

I’m sure there are other things I’m not even thinking of.

Thanks!

Most Popular Reply

User Stats

2,465
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3,858
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Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
3,858
Votes |
2,465
Posts
Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
Replied

I self-manage my properties and encourage my clients to do so as well.  It's all about having trusted resources in market and processes in place for everything.  I wouldn't do it any other way.  

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