Self-Manage Vs. Property Management – Which Option Is Better for You?
Are you thinking about buying a rental property in Southern California and aren’t sure if you should hire a property management company or manage that rental yourself?
This is an excellent question to ask, that’s why in this article we will provide you with several reasons why you should consider hiring a property management company, especially if you have enough profit from your rental to afford hiring one.
A Property Manager Will Save You Time
Hiring a property manager will save you the time and hassle of managing those rental properties or units yourself, so you can focus on the more rewarding aspects of your life without having to be concerned with the day-to-day tasks that can come with managing rentals.
Some of the daily tasks that a property manager will do for you include:
- Marketing your property online
- Screening and placing tenants
- Collecting rent
- Customer service
- Managing maintenance requests
- Keeping books for your property
Hiring A Property Manager Will Help Your Rentals to Run Efficiently
From taking calls from tenants, collecting rent, to making minor repairs on your rental properties, there’s no way you can continue to do everything yourself, especially if you own multiple rentals.
If you want to continue building wealth in real estate then you want to hire a property manager sooner rather than later, since a property manager will take the “heavy lifting” off your shoulders and ensure that your rentals are running efficiently while you enjoy passive income from them.
Live Your Life on Your Terms
Last of all, but most important, hiring a property management company will help you to live your life on your terms without a wide variety of extra responsibilities that can come with managing a rental property.
24 Hour Property Management, Inc., specializes in property management in Southern California.
To learn more about the property management services we can offer you, or to view investment properties in SoCal, contact us today at (949) 409-8585 or connect with us online at www.24hourPM.com.