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  1. W

    How do you manage your investment property?

    I was only joking about being a control freak. And I have no "job" so the five minutes I spend most weeks is no stretch, but I am happy that others use PMs. I just like to put a balance in for those who are considering it, especially when some people try to make it seem that self-managing is...
  2. W

    How do you manage your investment property?

    I'm happy that we all see things differently. My tenants don't control my life though. Far, far from it. I know of a managing agent who charges 8% all inclusive. Many others seem to be around 7% or less but with lots of add-ons, so 8% doesn't seem too high for an all-up service. However, I...
  3. W

    How do you manage your investment property?

    I think it is good that you know yourself skater..... and to be honest you have a lot more IPs than we do, so it is very easy to do with not many IPs :) (though we have just taken on those of my parents so a few more to manage now).
  4. W

    How do you manage your investment property?

    On rent of $495 per week, that "measly" dollar comes to about $40 (at 8% management fee). Start multiplying $40 per week by the number of houses you have, and it starts to get pretty expensive :eek:. I am not against PMs, but I can honestly say that I like that $40 in my pocket each week. We...
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