CalculateRealEstateROI

Portfolio Building

When should I hire a property manager?

By property 3–4 in your local market, or sooner if out-of-state.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Direct answer

By property 3–4 in your local market, or sooner if out-of-state.

Expanded explanation

Self-management caps at 4–6 properties due to time. PM at 8–10% fee usually pays for itself via reduced vacancy and better tenant placement. Vet 3+ PMs before signing.

Examples

  • 3 SFRs self-managed; PM brought on at property 4 at 8% of rent.

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