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Updated almost 2 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Daniel Lang
1
Votes |
11
Posts

Out of State Property Management using a property management company

Daniel Lang
Posted

When you're investing in a different market and you have a management company handling the property, how do you management paperwork?  From the books I've read, the advice is to keep paperwork from tenants and applicants for years after in case of lawsuits.  If you have a property manager, do they send you paperwork from applicants or do they have a responsibility to choose tenants and handle all aspects of building management?  For context about me, this is my first post and I am just now getting into real estate investing.  I haven't purchased any homes or buildings yet. 

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