Property management presents many landlords with a challenging decision to take.The decision to manage your own houses or to hand them over to property managers has many advantages and disadvantages as well. All these factors combined can present a landlord with a dilemma-like situation.
To manage or to delegate, becomes a riddle that needs to be solved. This article therefore seeks to bring a clear presentation of these facts as they are so that you, the landlord, can now have a strong and informed basis as you decide either to relinquish or retain the daily management to your rental home.
The advantages of managing property yourself
- Direct contact with your tenants
This aspect of maintaining direct contact with one’s tenants puts the landlord in the driver’s seat...