As an investor, you probably entered into the world of real estate assuming you’d manage your own rentals. But as your portfolio, and the frustrations of landlording, continue to grow, you might consider hiring someone to manage your properties.
But how do you know when to hire a property manager? In the resources below, you’ll find helpful information on how to recognize the best time to hire a property manager and how to find a quality property manager that will make your life easier.
Should You Hire A Professional Property Manager?
Many investors, in an effort to save cash up front, take on the challenge of managing their own properties. But is it in your best interest? Let’s take a look at whether hiring a professional property manager is the right fit for you and your business.
Read more: Should You Hire A Professional Property Manager?
What Should You Consider Before Managing Your Own Rentals?
As an investor, you’ve probably considered managing your own rentals. And it might be the right fit for you. But before you decide to dedicate the time, energy, and resources into managing your own properties, there are definitely some factors to take into consideration. In this post, we’ll cover 9 things DIY Investors should consider before managing their own rentals.
Read more: 9 Things DIY Investors Should Consider Before Managing Their Own Rentals
Are You Cut Out to Be a Landlord?
Being a great real estate investor doesn’t always translate into being a great landlord. And if you don’t have the chops, landlording can be a stressful, time-consuming, and costly venture. Here are eight signs you’re not cut out to be a landlord and how to get the unwanted responsibilities of landlording off your hands.
Read more: 8 Signs You’re Not Cut Out to Be a Landlord
How Involved Should A Landlord Be After Hiring A Property Manager?
When you hire a property manager, you want to give them the space to do their job. But as a landlord, you also want to be involved in how your properties are being managed. But how much involvement is too much involvement? Learn how involved you should (or shouldn’t) be as a landlord to preserve the relationship with your property manager – and give you the peace of mind that your properties are being managed as you see fit.
Read more: How Involved Should A Landlord Be With A Managed Property?
What’s The Difference Between Being A Landlord And A Real Estate Investor?
Some people get into real estate as business. Some get into it as a hobby. Neither is better than the other, but it’s important to know which camp you fall into. Being an investor and being a landlord require two different mindsets, and in this post we cover how to determine whether the business or hobby route is the right fit for you.
Read more: Business or Hobby? Getting in the Right Mindset for Managing Your Rentals
Is It Time To Fire Your Property Manager And Hire Someone New?
Working with the wrong property management company can cause you time, money, and some major headaches. But the right property management company? They can make the business of owning property a breeze. Here are five signs it’s time to ditch your property management company – and what to look for instead.
Read more: 5 Signs it’s Time To Ditch Your Property Management Company
What Does A Day in the Life A Property Management Company Look Like?
Ever wonder exactly what it takes to manage multiple properties? Well, prepare to find out. In this post, we’ll lift the curtain and show you exactly what we do here for our clients in a typical day: from tackling overnight tenant issues to marketing properties, coordinating property showings to organizing move-ins, and everything in between.
Read more: Behind the Scenes: A Day in the Life of LEAP DFW Property Management
