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You own less than 5 IP's - do you use a PM?

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  • You own less than 5 IP's - do you use a PM?

    There has been statements made that one should manage their own IP's. I would be interested to find out those that use PM's.
    20
    Yes
    40.00%
    8
    No
    60.00%
    12

  • #2
    IF you have MORE than 5 IP's, there is a separate poll just for you. It can be found here: http://www.propertytalk.com/forum/sh...d.php?p=164177
    Lisa

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    • #3
      It's just easier and my PM rates are reasonable. I also live overseas.

      Comment


      • #4
        Property Management

        Two (out of 5) of my properties are overseas - Nelson.
        Naturally I get Glenn to manage them.
        The 3 in Upper Hutt I manage myself, although I have had some coaching from Glenn.

        If you use a property managr, have you say on the rules that govern them:
        http://www.justice.govt.nz/property-managers-review/
        Full discussions in this thread.
        The Son of Glenn

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        • #5
          I used one while I was overseas (more than the cook strait). I have now taken over.

          Comment


          • #6
            Calls about broken plumbing on Christmas Day (yes, really!) - no thanks.

            PM for me!
            DFTBA

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            • #7
              two properties, carefully screened tenants, a few issues but not worth giving up a fat percentage of my rent on cash neutral properties.

              I'm in the same city as them too, and prefer to keep an eye on them myself.
              two ears and just one mouth.. for good reason.

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