Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 month ago on . Most recent reply

User Stats

1
Posts
0
Votes
Kevin Connauton
  • Investor
  • Dallas, TX
0
Votes |
1
Posts

Searching for a Property Manager for my Rent by the Room Property.

Kevin Connauton
  • Investor
  • Dallas, TX
Posted

Hello everyone! 

I am currently purchasing a home that will work great as a Rent By the Room. 8 bed and 6 baths in the DFW area. My biggest road block right now is finding a PM company. The company I currently use for my other investment homes said they don't offer management for any co living... unless everyone in the home is on one lease. I am aware of companies like Pad Split, but would prefer to have a more traditional company overseeing the day to day since I am out of state the majority of the year. If anyone has a recommendation that they can pass along that would be amazing! 

Thank you! 

Most Popular Reply

User Stats

61
Posts
50
Votes
Matt Solis
  • Real Estate Agent
  • Dallas - Fort Worth Metroplex
50
Votes |
61
Posts
Matt Solis
  • Real Estate Agent
  • Dallas - Fort Worth Metroplex
Replied

Thanks for the shout @Denver McClure. @Kevin Connauton, I agree with you that although Pad Split is a great choice for getting the rooms filled, they don't cover all your bases in terms of property management. If you engage with Pad Split and you're out of state, you'll probably want to hire a PM as well. I have a referral I can send you, I recommend going with an individual with experience in co living rather than a traditional company who doesn't really understand the model. Personally, I self manage but have built systems to allow it to be fully remote and very passive. Happy to help you with either option, send me a DM.

Loading replies...