Hiring a property manager will save you time, but not money.
Hiring a property manager takes the hassle out of running your rental properties, but choosing the wrong property manager could have disastrous results. A property manager is responsible for filling vacancies, screening tenants, responding to maintenance requests, collecting rents and any other duties pertaining to your rentals. Many landlords prefer to handle these responsibilities themselves, while others don’t have time or live too far away to deal with them. If you’re evaluating whether or not you need to hire a property manager, consider the benefits and drawbacks carefully.
