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How to Find a Good Property Manager

When I first got started with real estate, one of the hardest hurdles to entering remote markets was finding a good PM. PM usually takes 10% of gross rents for their service, which ends up closer to 50% of net rents once you subtract all the expenses (mortgage, taxes, insurance, utilities, repairs) and you're completely at their mercy as a remote investor if they suck. In this post I cover the strategy I usually use for screening them.

https://www.investomation.com/blog/how-to-find-a-good-property-manager

, Founder of Icon for Investomation
Investomation
on April 20, 2024