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Rainmaker
699,027
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

We just got rid of our tenants and spent the last week getting it ready for sale.  Tomorrow is the big day.  Yes, we did manage it ourselves.

Jun 16, 2015 09:57 PM
Ambassador
1,532,361
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

We have in the past and yes I managed it.  What a royal pain.

Jun 16, 2015 11:30 PM
Rainmaker
1,592,646
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

No longer. Self managed and managed properties for others, but tired of my telephone always ringing with stupid complaints.

Jun 17, 2015 12:05 AM
Rainmaker
822,110
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Yes. All of them excluisively 'Lease Option' or 'Rent to Own.'  Amazingly, I've never sold one.

Jun 16, 2015 11:33 PM
Rainmaker
5,393,001
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

at one time, in my younger years, I had 23 units and managed everything myself.... I collected the rents and emptied the coin op machines....never had to take anyone to court....of course, the laws were different then!!! forget about tenant rights!!! now I have my home and one other single family home that family lives in.... I'll eventually deed it to that family member.... 

Jun 16, 2015 11:23 PM
Rainer
11,076
Brian Coleman
Main Street Home Loans - Baltimore, MD
NMLS #1324500

My brother in law had a few properties together that we rented for a while.  It got to the point where it was not worth taking care of ourselves so we tried to hire a management company.  Because we only had 3 rentals, the cost for property management compared to the time we had to take care of it was too much to keep them.  Our numbers worked out that if we would have had 5 or more, it would have paid to have them managed.  

Jun 16, 2015 11:00 PM
Rainmaker
2,335,175
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Debbie. I do it all myself, but none of the repair stuff.

Jun 16, 2015 06:55 PM
Rainmaker
1,680,239
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

No I don't have any rentals, although I would consider it.

Jun 17, 2015 01:42 PM
Rainmaker
1,051,819
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Not anymore Debbie but I always managed my own and still look for promising investments.

Jun 17, 2015 12:44 AM
Rainmaker
5,890,764
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We have sold our rental properties but did manage them ourselves.

Actually,  we had a good size property management operation for many years until we sold the business to a regional company.

Jun 17, 2015 12:26 AM
Rainmaker
3,184,624
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Yes and yes. however i have sold most of them. These days everyone is against landlords and from taxes to section 8, it does not pay to invest in some types of real estate anymore. 

Jun 16, 2015 11:03 PM
Rainmaker
4,798,831
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I used to.

Feb 23, 2019 07:39 AM
Rainmaker
1,273,915
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Yes ... and yes, Debbie.  The majority of the time, I've had no issues.  Upkeep is time demanding at times.  But luckily the number of renter issues has been minor ...

Gene

Jun 17, 2015 10:57 PM
Ambassador
1,706,708
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Quite a bit and yes we manage them ourselves. However, since we do mainly investment property we use our property managers to qualify the renters at a $40 non-refundable charge.

Jun 17, 2015 10:24 PM