Infographic: Self Manage or Property Manage your Rental, the Choice is YOURS!

Posted on 19. Sep, 2012 by in News

Being a Landlord can be real work when you manage the rental yourself.  However, despite the hard work and horror stories, it can be beneficial for new investors to manage their property themselves for a short period of time, just to get a feel for “how it’s done”.  Now, not everyone is going to agree with me, some investors state that they would prefer to free their time looking for the next deal and could really do without the headache of property management.  We’ve successfully managed our Halifax properties with zero vacancy and now really know what to do and what we expect from a property manager.

Obviously costs play an integral part why some investors choose to manage their property themselves but if you factor in a property management charge during your number calculation, then it’s money you don’t need to find as and when you decide to hand your property over to a property manager. It can also be quite beneficial in keeping the day-to-day tasks out of your hands.

Anyway, I decided to post this infographic because I thought is was a hoot!  Of course, nothing is problem free when you own investment property, even with a property manager at the helm!

So, here’s to your investing and property management success, whether you decide to manage your own property or not.

Rich

 

 

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