Should You Manage Your Own Rental Properties? - MFI Series1, #106

Nobody, and I mean, nobody, wants to manage rental properties. Nothing is rewarding or satisfying about running a rental. Your best-case scenario is if nobody calls you and you receive all your money on time. However, if you want to become rich, real estate is the way to achieve this goal. So, we are stuck either managing our properties or hiring a property manager. Currently, I have a home that I manage myself and another where I hired a property manager.
I tell you my experiences with both insides. The question you need to ask yourself is what works best for you? It can be a tough choice, but nothing is irreversible. You can always change your techniques as time progresses. There are pros and cons to both methods, and I share my thoughts on both inside. Good luck on your journey. The universe (your family) depends on you.