Management Mondays Blog

Should I Manage My Own Property?

24 Hour Property Management - Monday, February 10, 2020

Should I Manage My Own Property?

Oftentimes, investors ask us if they should manage their own property. It all depends on what your goals and bandwidth are. If you have a property or two that are near you and don’t have any issues with filling vacancies and managing the day-to-day, then managing yourself is totally feasible. Furthermore, it’s good for real estate investors to get exposure to and experience with the ins-and-outs of being a landlord.
 However, once you add a property or two or decide the hassle isn’t worth it, for a nominal fee, 24 Hour Property Management will handle everything from late-night maintenance requests to rent collection. Basically, you don’t need to do anything except authorize expenditures and collect your monthly disbursements.
 Most real estate investors enjoy the services of a property manager, while others are industrious and prefer to handle everything themselves. The answer to whether you should manage yourself depends on what you are willing to take on or delegate to a third party.

Contact 24 Hour Property Management, Inc.

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