General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Property Management company vs. buying own properties
We have about $80k-$100k to invest in RE. My goal is to have our own properties (MF, RV park, STR) and start building generational wealth. We do not have to replace my income but my husband is looking to retire early. We have been speaking with a prop mgmt franchise company and based on my research and other franchise owners I've spoken with it's a slow grind. I am not opposed to hard work, but I prefer to work smarter not harder. My theory is I might as well use my own money to buy my own prop and manage it than run around like a crazy person trying to muscle up other people's property to manage. Thoughts and insight from people who have experience doing both would be so appreciated.