Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 about 1 year ago on . Most recent reply

User Stats

41
Posts
21
Votes
Grace A.
  • Investor
  • FL
21
Votes |
41
Posts

Self-managing rentals from out of state

Grace A.
  • Investor
  • FL
Posted

Landlords who self-manage rentals in a different state. How do you this? What systems do you use to oversee the listing, showing, and managing repairs, inspections etc.? How do you mitigate the risks of not being close by if anything happens?
I’ve read landlording on autopilot and out of town landlord but I’d like to hear from people who actually do this, how you do it and any pitfalls to watch out for. 
Thank you 

Most Popular Reply

User Stats

1,242
Posts
975
Votes
Doug Spence
  • Investor
  • San Diego, CA
975
Votes |
1,242
Posts
Doug Spence
  • Investor
  • San Diego, CA
Replied

@Grace A. I self-manage one of my properties (SFH in Pensacola). I use zillow to list the property and screen tenants (min 650 credit score, clean background check, must make 4x the monthly rent, income verification, and I need references for past landlords).

For any maintenance issues I just call a local company to fix whatever it is. For example, when the dishwasher was having issues, I paid an appliance repair company to check it out, they said it would cost more to repair than a new one, so I bought a new one on home depot, paid to have it delivered, and coordinated the delivery/installation time with the tenant. I paid for the dishwasher online. 

The absolute most important part of self-managing a property is making sure you have exceptional tenants. They can make your life very easy or very difficult, and if you are self-managing from out of state (like me) you need tenants that will make your life easy. 

Best of luck and let me know if you have more questions. 

Loading replies...