Are you thinking about hiring a property manager, but you're not sure if it's the right decision for you to make or not?
Many landlords feel managing their properties themselves will be a worthwhile cost-saving measure. They rarely factor in the amount of effort involved as part of the 'cost' of self-managing.
Sadly, DIY property management is why many investors burn out within a few years of owning rental properties, and they end up selling them.
At GoldenWest Management, we believe in the passive cash flow and wealth that can come from owning investment properties. Hiring a professional property management company is the best way to maximize that cash flow. In this article, we will share some of the pros that come from hiring a property manager.
Investing in a rental property is one thing, but managing it yourself is another thing because managing a property can be very time-consuming.
When you DIY manage your property, you will have to screen and place tenants, handle customer service, rent collection, and maintenance.
Your time will never really be your own; your tenants may end up calling you for maintenance requests at night, weekends, or holidays and you may constantly be thinking about your property when it's vacant.
Ultimately, your decision to hire a property manager or focus on DIY management is up to you. If you want to enjoy the passive income that comes from owning rental properties while enjoying your life... Well, the choice is clear! You should hire a property manager.
For more information about the property management services that we can offer you, or to get a property management quote, contact us today by calling (866) 545-5303 or click here to connect with us online.
Be sure to check out our previous blog post too!
Monday, May 3, 2021
One of the keys to success with owning investment properties is finding tenants who won't trash your rentals. This task is far easier than it sounds. Click here to learn more!
Wednesday, May 5, 2021
The Federal Eviction moratorium has been overturned. Learn more about what this means for renters and landlords nationwide.