All Forum Posts by: Henry Hsieh

 I follow your point.  But as your portfolio builds bigger and the property management company charges per property and not per portfolio, I would think having your own team gives you a better sense of control or a better overview of your properties wouldn't it?  This is in addition to cost savings.

My thought coming in is that if I do want to eventually have my own team, wouldn't it be beneficial to get my hands dirty even though it is more work at the start.  If I personally understand the skin in the game first hand, I would think this will help me become a better manager of my team on it in the future right?  Or would this train of thought seem totally not realistic and it is simply better to save the time and offload it to the property management firm as a whole?

Thank you for your feedback, in Arizona specifically, as an out of state investor (I'm in California) it is the state law that they need someone living physically in Arizona to represent you with your legal affairs.  What are some of the ways that you guys have done to either deal with it or go around it?

I am currently Investing around the Phoenix area from out of state, it looks like you need someone in Arizona on paper to manage your properties.  Besides getting a property management company around the area to manage that piece and your property, what are some of the alternative ways that you've done that have proven to be helpful?

I don't see 1 or 2 properties through the property management company a problem, but I do see it down the line if I continue to buy in the region where management fees from these property management company is now a fortune.  What are some ways to navigate around it?  Thanks.

 Let's connect, love to learn more about your expertise.

Hi everyone, your next door neighbor from the bay area here.  New to the forum but not completely new to real estate investments.  Love to listen and learn from people who have experiences investing in properties outside of state.  A few spots that I have been looking at so far are Maui, HI / Detroit, MI / Phoenix, AZ .  If you have experiences in those regions, I'm all ears!