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re: Real Estate Investing......... New update pg 7

Posted on 3/23/15 at 8:40 am to
Posted by Delacroix
Member since Oct 2008
3988 posts
Posted on 3/23/15 at 8:40 am to
Congrats man thats a great ROI

Are you going to manage the property yourself or hire a property manager?
This post was edited on 3/23/15 at 8:42 am
Posted by stevengtiger
Member since Jul 2013
2778 posts
Posted on 3/23/15 at 9:01 am to
quote:

Are you going to manage the property yourself or hire a property manager?


I am going to manage it to start things off. This REI is a complete side project and I have a full time job that keeps me pretty busy. Once we get down the road and acquire more properties, hiring someone may be needed but I can do it myself for now. I can't justify paying someone 10% unless I do it myself for a while to see how much work will be involved. Our goal is to have Air Force families as tenants in this area and hopefully they will not be high maintenance.
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