No. of Recommendations: 0
My family has owned several rental properties over the years, and never managed them directly. I rented out my condo while living in China (not much chance for self-management there :) and now own a triplex out of state (we live in SF Bay Area - local prices on multires property out of our league) which has done well with a local manager. The key is to get a property manager who has a clue and knows that you may do more business with them if they don't screw up.



Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.