The CompleteLandlord Ultimate Property Management Handbook
Chapter One
The Benefits of Managing
Properties
Once you start buying and renting out property, it won't take long to figure
out that there is definitely a "third leg" of the stool that you're sitting
on: the one that handles the repair, maintenance, upkeep, and tenant
relations on those properties. It's not enough to simply buy a property,
fill it with warm bodies, and expect it to run itself. In fact, one of the
most important elements is the actual property management that goes
into being a landlord.
As a landlord, you have a few choices when it comes to property
management: you can handle it all yourself, you can outsource some of
it to capable companies/individuals, or you can offload the majority of
the work (in exchange for a fee) to a property management firm. Which
route you take is highly personal in nature and depends on how much
time you have on your hands and just how good you are with a hammer
and a plunger.
At CompleteLandlord, we have years of experience in the
property management field, both firsthand ... read full excerpt from The CompleteLandlord.com Ultimate Property Management Handbook ebook