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Updated almost 4 years ago,
Should I hire a property manager?
Hello everyone, I have a SFH that we will be moving out of within the next few months. I've never dealt with rentals or being a landlord, but I do want to keep the house as opposed to sell it since it's in a high-growth area. We'll be moving out of the state though which I'm thinking will make it difficult to manage the property/tenants if needed.
I also don’t have any real experience yet on what it takes to be a landlord so any guidance is appreciated.
I’m wondering if I should just hire a property management company to keep things simple? They would suck up the majority of the few hundred bucks in cash flow we could get otherwise.
Thank you!