Ask yourself the following questions:
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Do you have experience managing rental property yourself?
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Are you familiar with fair housing and landlord/tenant laws in the jurisdiction(s) where your property is located?
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Do you have relationships with contractors that ensure you can get 24 hour service at reasonable prices?
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Do you have a reliable means to determine fair market rent and returns on your investment property?
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Do you know and have the proper notices and legal process to deal with non-paying tenants?
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Do you have a current, professionally crafted lease and related agreements/forms to minimize your exposure to liability should a tenant sue?
If you answered “no” to any of the above questions, it might be prudent to hire a professional management team. The cost of one bad decision could more than offset the cost of hiring a professional manager to help you avoid the pitfalls of rental property ownership.
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Can you afford not to hire an experienced, professional property manager?
The bottom line: Experience and education count! Our property management team has the experience and resources to deal with situations quickly, efficiently, legally, and with minimal exposure to liability for our landlords.
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