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Updated about 3 hours ago on . Most recent reply
PM or no PM
I’m looking to rent out my home in a month or two. But I’m not sure whether to go with a PM or just do it myself.
The house is located in a relatively nice neighborhood near universities and plaza. I’m expecting 2.5 to 3k rent.
should I assume that I will get stable and easier tenants?
I don’t mind paying for a PM. But I don’t know what value they will add and how to find a good one. I have no interest in managing the manager.
I also know that KCMO have the tenant bill of rights. Not sure if this makes the city less favorable to landlords.
I would love to get some advise.
Most Popular Reply
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@Ayyoub Aj
I encourage you to consider the list of things on Nathan’s post and think about whether you have the skill set to do them all. Not just “do I have the time” but also the temperament and skill set. A good PM can often get higher rent to offset their cost because they manage at arms length compared to the owner who may be worried about charging market because it’s “too high”.