Property manager in Austin, Texas

[Tam Nguyen]

Hello 

Any recommendations on a good property management company in Austin Texas? Looking for more of a hands on person or group for single family homes ltr. Thanks! 

[Joe Scaparra]

My two cents:  If you are an experienced real estate investor then you probably have the experience, knowledge and scope of work required to find a GREAT property manager.  But most here are probably in the early stages of their real estate investing endeavor.  I only have about 20 years of experience so you should probably take this advice with a grain of salt.  But, in my years of managing my own properties, I have seen far more PISS POOR Management than I have Awesome management.   Many that I have experienced were run down properties that I bought, managed by a few of these managers.  So for newbies the odds of finding the Awesome manager is slim to none and slim left town.

Since we are in the Austin forum, one would have to acknowledge for many or most of us, we need to find those areas that we can help ourselves with as much favorable cash flow as possible.  Self-managing is one of those.  And if you are new to investing, managing one or two units is not that daunting.  Yes you will make mistakes, but you will be better for it.  In the long run no one, no one, yes no one will manage your properties better than yourself.  Now when you get more confident and start acquiring more properties then yes if you choose to find a PM then go for it, as you will then have the experience, knowledge and understand the scope of work required.  

One area I would take exception to might be investing in STR. That is more intense management that may lend itself to finding a good manager. I have seen both work fine. Bottom line is this is a business of sorts and the objective is to make $$$. Take advantage of the things you can to position yourself for greater success. Cheers.