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| Topic | What is your job? |
| Twin3Turbo 06/23/17 1:34:55 PM #48: | KILBOTz posted... I do my own property management and a decent amount of the maintenance to keep my overhead low, so I was really wanting to keep it local. Although I may have to change that. I could probably stay in Washington, just change where I am looking, I could probably get something decent in Spokane or maybe Olympia and pay the 8-10% in property management fees and make off better than Seattle now. Yeah I understand that at first but the way I see it, it's a business. I'd prefer the property management team do what they are good at and I manage them rather than me managing tenants. The property management team lets me focus on whats going to get me more $$$ which is finding good deals, etc. Especially once you start getting lots of units, it just becomes impossible to self manage. KILBOTz posted... But increasing value is a big appeal, my quad plex I bought for $500k back in 2012 and it could probably sell for about $800k now. A place in Spokane that was $500k in 2012 would probably only be like $550-600k now as comparison. Yep, increasing the NOI is a huge plus and helps increase the sell price of the property. Do you plan on selling it any time soon? --- ... Copied to Clipboard! |
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