Why would you hire professional management? Are you thinking the fees are too high or maybe you think it should be pretty easy to just do it yourself and increase your bottom line by not paying a professional management company.
I definitely recommend hiring professional management. As a former owner of a property management company having managed over 1,000 units and dealing with everything from evictions to lease breaks to maintenance, renovations, bookkeeping, you name it. I can give you some good insight on the value of a good property manager.
I have professional management for my properties and I talk to clients all the time who are going the self-management route. Trust me, what you thought would be easy, isn’t always so easy and you can cost yourself valuable time and money dealing with the petty day to day.
Before you decide to self-manage, listen to my rant on self management versus professional management.
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