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Updated about 3 years ago on . Most recent reply

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Chasen Brown
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Hiring a hybrid property manager for property turnover

Chasen Brown
Posted

We currently have 11 units that we are self managing in a town of 50,000 in Ohio( a few single family and 2 fourplexes). We have a really good maintenance/renovation guy that can handle all of the repairs that come up. We also have been using Turbotenant, so all tenants are set up on that. We are looking to grow our portfolio in another market, but we are on the fence about hiring a property manager for these properties or just hiring a hybrid type property manager that will just handle leasing/open houses for leasing/small physical tasks (handing a new tenant key, etc.) We also have a bookkeeper that handles all revenue and accounting. We are really needing someone to just handle the turnover of tenants (maintenance management/painting/small repairs at turnover/marketing/leasing/new tenant transition), so we don't really feel we need to pay a property manager to do everything at this point. Has anyone worked to hire someone just to handle these tasks involved with turning over a unit and how did you set that up? 

Thanks,

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Marc Rice
  • Real Estate Agent
  • Columbus, OH
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Marc Rice
  • Real Estate Agent
  • Columbus, OH
Replied

I have either seen people self manage with a maintenance guy or completely outsource with a property manager and pay fees. You could do a hybrid model if you find someone competent enough on the ground.

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