Should You Manage Your Own Investment Properties?

2024-06-17T12:45:20-04:00July 16th, 2018|Categories: Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, Tenants|Tags: , , , |

When you own an investment property, you have a big decision to make. Should you manage your own property or hire a property manager? Ultimately that decision will depend on a number of factors. Is it even feasible? Managing Your Own Investment Properties Property managers have several responsibilities. Here are the basic services offered by property managers that would become your responsibility if you manage your own investment properties: Respond to emergency and repair calls from tenants. (Remember, this could mean a call while you're sleeping or in another meeting.) Co-ordinate repairman visits. Finding tenants to place in your rental