How do you manage out of state property? - Posted by Tony James

Posted by Mark (SDCA) on January 17, 2000 at 12:42:51:

It depends on what type of proeprty you are buying. For SFR, I let the tenant manage it. All I need are phone contacts with maintenance people, lawyers etc. Then I hold an open house when I need to re-rent.

Multis are more difficult. An onsite manager is absolutely critical. Offer discounted rent.

Mark

How do you manage out of state property? - Posted by Tony James

Posted by Tony James on January 17, 2000 at 10:34:07:

I am interested in buying property out of state. I just wanted to know how do I go about managing it.