You’re too small for the Big Boys - Posted by Frank Chin
Posted by Frank Chin on March 01, 2001 at 16:04:57:
I assume you talking about big property management companies.
There was an post in the Carleton Sheet forum where someone talked about how he managed all types of properties:
For small property owners:
1- Some local realtors do property management on the side. They look at it as an opportunity to get to know you and sell it at a later time. A friend of mind had a realtor doing it for free in Ocala FL. He lived in New York City at the time.
2- Some appraisers and home inspection people I run into also do this on the side.
3- Another way is to hire retired people locally to manage it. A retired person on the same block works best.
4- Give one of the tenants $100.00 (or whatever) off on the rent to be the property manager.
5- For SFH - explain to tenant that repairs is part of the deal.
Hope this helps. Good luck hunting.