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Old 02-24-2016, 12:27 PM   #5071
Gumby
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Quote:
Originally Posted by Timpo View Post
Realtor?

You should be looking for a property management agency.
If you purchase real estate solely for investment purpose, I would personally recommend you hiring a property management agent. (you need to do your own homework to see who to hire, obviously)

If you rent it out by yourself, posting ad on craigslist, finding a tenant, making up your contract, and if tenant doesn't pay, you would personally have to go there and kick them out. If they cause damage, you would have to send them an invoice and/or sue them...or if they don't pay on time, all the other headaches that comes with it for being a landlord.

So it would make sense to hire a "middle man" so you can just sit on couch and collect paycheque.
Timpo, do you have experience in this area?
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