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Updated over 6 years ago on . Most recent reply

User Stats

542
Posts
322
Votes
Ryan Deasy
  • Lender
  • Farmington, CT
322
Votes |
542
Posts

Long distance landlord needs help deciding...

Ryan Deasy
  • Lender
  • Farmington, CT
Posted

Hello:

I recently moved to Texas from Connecticut but my properties obviously did not. I had my brother doing property management but that will be ending after this month. I am really struggling to decide whether or not to:

  • Hire a full time property manager. I have heard a lot of horror stories and giving up 10% is not a huge turn on.
  • Manage it myself but find someone to show vacant rooms and fix leaking sinks.
  • Do somewhat of a hybrid. For example, securepayone.

I like things done a certain way and am not good at giving up full control. I have a few properties in CT but the ones that would potentially need management are in New Britain. I am also looking to buy more properties soon, so the issue of scaling is important.

Any help or insight would be much appreciated!

-Ryan

Most Popular Reply

User Stats

542
Posts
322
Votes
Ryan Deasy
  • Lender
  • Farmington, CT
322
Votes |
542
Posts
Ryan Deasy
  • Lender
  • Farmington, CT
Replied

Melissa Gittens i ended up self managing and, to be honest, i love it. at first, it was a bit difficult. at this point i have systems and a good team in place. i have a great handyman, lawn guy, snow and cleaning person. i actually am headed back to CT today and believe i will be at the meet up you post about next Tuesday!

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