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Updated over 3 years ago on . Most recent reply

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Jack B.
  • Rental Property Investor
  • Seattle, WA
1,046
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1,888
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Anyone ever manage rentals out of state alone? Or no PM?

Jack B.
  • Rental Property Investor
  • Seattle, WA
Posted

I'm planning on moving to TN. Leaving my single family homes in WA. Property management costs me 66K a year if I leave the ten rentals to a PM based on quotes I got. That's outrageous for what is essentially 20 or so hours of work per year. So I've considered paying a friend say $50 a tour for getting a vacant unit leased and hiring contractors for repairs that come up when the unit is occupied since the tenant can let them in. Has anyone done this?

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