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I assume you're talking about being landlord of an apartment in a larger apartment complex where a property manager takes care of many apartments at the same ti

I assume you're talking about being landlord of an apartment in a larger apartment complex where a property manager takes care of many apartments at the same time? I'm asking because my impression is that this scales better and should therefore be significantly cheaper than paying someone to manage a single apartment or house somewhere. (Besides, with a house or I'd imagine a lot more fixes being necessary over time.) Also, how many tenants has this apartment (have these apartments) that you're managing(?) had in those ten years? PS: Since I've actually been dabbling with the idea of buying property in Colombia, may I ask in which city you are? :)

mamcx 5y ago
Here exist companies and individuals that do it. In fact is unusual your rent is directly to the owner, is the norm you pay the "Arrendadora" instead. The case of apartment is a bit different. All complex have "administration" that everyone pay, but this is mostly in "closed complex". If the building is in the open, is more common is a person that take the role. BTW: I'm close to Medellin in a town called El carmen del Viboral. Right now exist a lot of demand for out-of-city property...
- codethief 5y ago
  Gracias, parce, por su respuesta! :) (Incidalmente, el lugar donde quería buscarme un apartamento es Medellín.) > All complex have "administration" that everyone pay, but this is mostly in "closed complex". Would this administration also take care of fixing things and taking on the role of "arrendador" if I, as the owner, rent out the apartment to someone else? (Provided I pay them, of course.) Or would I have to hire someone else for that?
  - mamcx 5y ago
    In the closed ones I lived before they pay for most stuff. I don't remember exactly where is the line (but is part of the agreements and part of the law what they can do. For example, some set a end-time for loud parties)

mamcx 5y ago

Here exist companies and individuals that do it. In fact is unusual your rent is directly to the owner, is the norm you pay the "Arrendadora" instead. The case of apartment is a bit different. All complex have "administration" that everyone pay, but this is mostly in "closed complex". If the building is in the open, is more common is a person that take the role. BTW: I'm close to Medellin in a town called El carmen del Viboral. Right now exist a lot of demand for out-of-city property...

codethief 5y ago
Gracias, parce, por su respuesta! :) (Incidalmente, el lugar donde quería buscarme un apartamento es Medellín.) > All complex have "administration" that everyone pay, but this is mostly in "closed complex". Would this administration also take care of fixing things and taking on the role of "arrendador" if I, as the owner, rent out the apartment to someone else? (Provided I pay them, of course.) Or would I have to hire someone else for that?
- mamcx 5y ago
  In the closed ones I lived before they pay for most stuff. I don't remember exactly where is the line (but is part of the agreements and part of the law what they can do. For example, some set a end-time for loud parties)