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Updated almost 6 years ago, 04/02/2019
Rental Property - No Property Management Company Advice
Hi everyone. I am 25 years old and a little over a year into my purchase of a condo in a very expensive, fast growing area. Although I have been saving up for a little while the funds will be used for relocation to Philadelphia, PA. The rental property is in too good of a location to sell and make a small amount of money, so I want to keep it and rent it out. I want to also avoid the unreasonable property management expenses. Any advice on this matter? The rent will barely cover all that I am currently paying: Mortgage, Condo Fees, HOA. So I want to avoid using an entire month's rent on a property management company.
Any advice would be awesome!
Thank you all