10 10, 2022

Pros and Cons of Hiring a Property Manager When You Own a Rental Property

2022-09-11T08:07:51-04:00October 10th, 2022|Categories: Investment Properties, Tips|Tags: , , , |

If you're thinking of buying a rental property, it's important to decide whether to hire a property manager. It's the right move for many investors - but for others, not so much. This guide outlines the pros and cons of hiring a property manager for your rental so you can make the best possible decision. What Does a Property Manager Do? Property managers handle virtually every aspect of running a rental. They can put it on the market, find and vet tenants, and handle everything for you after your new tenants move in. They typically collect rents, negotiate lease terms

7 07, 2019

Should You Buy a Rental Property?

2019-06-23T17:53:49-04:00July 7th, 2019|Categories: Hard Money, Investing, Investment, Investment Properties, Investments|Tags: , , , |

Hanging on to a property and renting it out can be a tremendously profitable endeavor - but should you try it? Maybe. Here's what you need to know. Should You Buy a Rental Property? Flipping houses - the process of buying an affordable home, fixing it up and selling it for a profit - isn't for everyone. It's a bit too risky for some, although it can pay off to the tune of tens of thousands if done properly. But buying a rental property might be a good choice. If you're going to be a landlord, here's what to look

4 01, 2018

When Should You Hire a Property Manager?

2018-01-04T13:00:11-05:00January 4th, 2018|Categories: Investment Properties|Tags: , , |

If you own rental properties, or if you’re thinking about buying one with a hard money loan, you’re probably wondering when you should consider hiring management help, a handyman or other assistance – and you’re not alone. When Should You Hire a Property Manager? If you’re more of a hands-off property owner who doesn’t want to advertise your rental units, run background and credit checks, or hire someone to fix every little issue that comes up, you’re probably going to want to hire a property manager. Most property managers charge about 10 percent of the monthly rent to handle all

24 02, 2017

Should You Hire a Property Manager?

2017-02-24T10:00:55-05:00February 24th, 2017|Categories: Business|Tags: , |

There’s no denying that real estate investing can be profitable (if you’re good at it), but there’s usually a lot of blood, sweat and tears involved. If renting homes is your thing, but you find that you’re just not into unclogging toilets, or don’t have the knack for finding the perfect tenants, should you throw in the towel? If so, you may want to consider hiring a property management company. If you’ve invested in multiple properties or are just simply making enough money (that’s the goal, right?), hiring a company to take some tasks off your plate may give you

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