Property Management

TLDR

If you hold the house, I suggest hiring a manager instead of turning rentals into your next full-time job. Read the monthly report, ask questions, and hold the company to its job.

This is a short lesson because the rule is short.

When you hold a house, you can manage it yourself or hire a property management company. I suggest a manager so you can focus on the next deal and build the business.

Find the company the same way you find contractors, and hold it accountable after you hire it.

Read the monthly reports. If a charge, repair, vacancy, or other item does not make sense, ask about it. Keep the company accountable.