Turning residential properties into rentals is such a substantial investment that REITs, or Real Estate Investment Trusts, have been buying large portfolios of single-family homes, and holding them as rentals.
Are you interviewing management companies and property managers? Here are some things to consider.
Hiring a property manager to care for your property is a big decision. You'll want to know that your asset is taken care of and that the company you choose to work with is professional. Most people know to search for a well-known, reputable company, but what are some other things you should consider when looking for a property manager?