Date: December 19, 2013 By John Kemper Broker & Full-Time Property Manager The residential rental property is a great investment, but being a DIY (Doing It Yourself) landlord isn’t for the faint of heart. As you make your pro vs. con list for hiring a property manager or taking care of the property yourself, here’s a list created by Epro Realty & Property Management the rental-related items you’d be responsible for in either role.
If you have the time and experience to manage a rental property yourself, it’s a rewarding experience to build a relationship with your tenants, maintain the property, and screen the Tenant Applicants by yourself in the leasing process. However, if you’re trying to manage a rental property on top of a full-time job, it might be smart to pay a property management company to help you do the heavy lifting. There’s lots of administrative, legal, and maintenance work that goes into running a rental smoothly, so hiring professional help can be well worth the cost. Here’s a look at the responsibilities a property manager can take off your plate in helping you run your investment property (created by Epro Realty & Property Management) click on the image to view larger):