Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

13
Posts
5
Votes
Evina Nonato
5
Votes |
13
Posts

Should I manage my own home owner occupied duplex?

Evina Nonato
Posted

Hi,

I have taken my first step towards real estate investment by buying a duplex - I plan on home-owner occupying one side (2 bedroom, 1 bath) and renting out the other side (3 bedroom, 1 bath).  I am trying to figure out if I should hire a property manager or since it is just one property, I should manage it myself.  

I would prefer that the tenant not know that I am the property owner.  Here are a couple of things I am worried about as a new landlord: 1) screening tenants, 2) figuring out what to do if a tenant is delinquent on rent, 3) getting maintenance requests/calls early in the am.  I will be honest that I know I can learn how to screen tenants well and set in place a system so that the tenant will not be delinquent in rent (I'm planning on using the Cozy app).  My realtor has a handyman and contractor that she has recommended but I worry about crazy maintenance related things happening at 2am that I may not know how to handle since I am NOT handy at all.  

My biggest worry is that there is something that I am negligent about as a landlord simply because I am a new landlord.  Laws/regulations that I did not know about specific to my state/county/city (I live in Hickory, NC).  I think maybe a property management company, may already have systems in place and have more up-to-date info related to rentals that I may not be privy to.  

Also, I work a 8-5pm job that is hard to take a break and take phone calls.  I am really on the fence about either managing the property myself or asking a property management company.  Any advice?

Thanks!

Loading replies...