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Archive for October, 2018

Benefits of Hiring a Property Manager

Investing in property seems simple. Purchase a property, rent it out, and collect passive income. However, any investor who has also taken on the role of landlord knows how time-consuming at frustrating it can be to manage a property well without help. While obtaining a property initially may be complex, managing it once its purchased is a new level of difficult. Investors may shy away from hiring a property manager due to the cost associated. After all, real estate investments are all about making money. Most property managers charge a rate of 10-15%, which means less income in your pocket at the end of the year. However, it is important to consider the benefits of hiring a property manager.

YOUR TENANTS FEEL TAKEN CARE OF

A great property management company doesn’t just collect rent. They also build relationship with your tenants. They communicate effectively, listen carefully to complaints and requests …