Updated over 5 years ago on . Most recent reply
Purchased my first rental property!!!
I just purchased my first rental property located in north west indiana, i live in Illinois. While reading and familiarizing my self with Indiana landlord laws a few things struck my curiosity....I have been thinking of possibly managing my own property but I have read that i need a real estate license for anything involving real estate including rent collection? Also on the lease i need to have an Indiana resident or address for landlord or management of house for contact information. This is a single family house . I live 20 min away in Illinois. Any thougts......I have also been cosidering a property management company. Has anbody worked with RPM property management.....(REAL property management). Would they provide excellent service for a new investor with only one property? Did they keep monthly maintenance charges low or next to nothing? I have a good property and i dont forsee any issues.