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From: Dael Simpkins
Hi,
I am a very new investor (bought a property 3 months ago). I found this site and have lurked around for a while, but now I have a question for those more experienced in the game.
When I bought the house, it came with a tenant and the property was managed by the agent who sold it to me. This tenant has worked out really well, no problems of any sort etc. The lease expires in another month and my question is this:
The current tenant wishes to stay on. I currently pay approx. $17 per week management fee to the agent. Given that there are no problems with the tenant, I feel that the agent is getting easy money and am considering having a go at managing the property myself (I live around the corner). I am wondering if this is a smart move or not, ie; is it worth $17. Could someone who has experienced both managed/self managed give me some advice here.
Thanks,
Dael
Hi,
I am a very new investor (bought a property 3 months ago). I found this site and have lurked around for a while, but now I have a question for those more experienced in the game.
When I bought the house, it came with a tenant and the property was managed by the agent who sold it to me. This tenant has worked out really well, no problems of any sort etc. The lease expires in another month and my question is this:
The current tenant wishes to stay on. I currently pay approx. $17 per week management fee to the agent. Given that there are no problems with the tenant, I feel that the agent is getting easy money and am considering having a go at managing the property myself (I live around the corner). I am wondering if this is a smart move or not, ie; is it worth $17. Could someone who has experienced both managed/self managed give me some advice here.
Thanks,
Dael
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