19 May Your Property Management team does a lot more than collect rent
“I can just collect the rent myself and save a ton of money.”
It’s the catch-cry of many investors who are hoping to maximise their property’s overall profit – but there’s one thing I’ve learnt about property manager’s in my time in real estate.
They do a lot more than collect rent
They do that job, of course, but there are also statements of account to maintain, juggling tenant requests, keeping on top of the asking rents of the local market, maintenance and repairs – some of them requiring emergency action – and regular inspections.
And that’s just scratching the surface!