Property Management - Self Manage - TX

[Dan Deckelbaum]

Can out of state owners self manage their rental property in Texas? My brother is having a landlord tenant issue. TIA!

[Dana Dunford]

@Dan Deckelbaum - There are some states (e.g. Hawaii) that require someone local and on the island for management. But, that is not the case with Texas and we've seen self management work very well for both the tenant and landlord. For the tenant, the landlord (decision maker) makes sure repairs are done in a timely fashion. For the landlord, it's more money in their pocket. Not all properties can be managed remotely, but our customers have done it very successfully with Class C+ and above where tenants are online to pay rent, etc.

One side note - if you're out-of-state and managing, you definitely want some local support through a licensed leasing agent.