Hi, is there anyone here that self manages in Memphis, TN out of state if so, can you please share how you have tenants pay rent do you use Zelle, property management Sofware?

These include irregular but inevitable expenses, such as vacancy rate, repairs, maintenance, accounting, insurance, property taxes, and property management.

So to say money for not much work shows you’re ignorant to what it takes to be an agent. 3% tops You can totally put your property up for sale on a FSBO site or use a flat-fee MLS listing service and manage the sales process yourself.

I manage this from out of state and was not able to be present.

We also need to communicate with our property management clients and service providers to schedule cleaners and handymen. 

This is why when you get to a 20-50 unit building many landlords turn the management over to a property manager.

Can HOA, Property Management be done remotely?

I think it is non-negotiable for a Property Manager to have an optimized guest booking site. 

If you self manage, try to account for 5%-10% maintenance each month and 5%-10% vacancy. 

My name is Jess and I'm an investor, property manager, and realtor in Northern Michigan.