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Updated almost 6 years ago on . Most recent reply

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Hyun Don Yun
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11
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Without Property manager

Hyun Don Yun
Posted

I am looking for a rental property and I couldn’t find good deals near where I am living when I ran numbers. Because I don’t have multiple properties, I want to start out myself without hiring property manager.

To sum it up, My rental property will be relatively far and I don’t want to deal with too many issues fixing or maintenance issues.

In this case, do you think I should start with condos rather than townhome or single family because of this reason?

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Brian Ploszay
  • Investor
  • Chicago, IL
1,508
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Brian Ploszay
  • Investor
  • Chicago, IL
Replied

The numbers for condos may not make sense if HOA / Association fees are high. Also make sure you check to see if there are rules for rentals.

But yes, the outside maintenance issues will not be your responsibility with condos.

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