Property Management 101
Property Management , ,

Property Management 101

When you purchase an investment property to rent out to tenants, you have a choice to make — hire a property manager or manage the property yourself. Property managers aren’t cheap, so at first, this might seem like an easy choice, especially to inexperienced real estate investors. However, it’s important to know just how much value a property manager can bring to the table before deciding which way to go. How much does an investment property management company cost? Just like other service-based businesses, the fees charged by property managers vary tremendously. Having said that, 10% of collected rent seems…
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