Real estate continues to be one of the BEST investments in the 2020’s simply because of the fact that it’s an asset that’s more in demand than ever before but the big question is should you hire a property management company, or focus on DIY management, if you plan on investing in rental properties for yourself?
In this article we will answer that question and provide you with insight into DIY management vs. property management, so that you know which option is the best for you.
DIY Management – Read This Before Managing A Rental Property Yourself
Even though some real estate investing ‘gurus’ online will tell you that it’s good experience to manage your first rental properties on your own, the reality is that this is not a smart idea.
Why? The answer to this question is simple. When you manage a property yourself, that income no longer is passive income, it turns into income that you actively have to work or invest your time to earn.
Yes, you may gain some great experience but, your goal should be to free up your time so that you can earn more passive income streams rather than adding another job to your life.
Why Is Hiring A Property Manager The Best Choice?
Hiring a property manager is the best choice because we will free up your time so that you can earn passive income from your property and we will also assist you with the following services:
- Rent Collection
- Maintenance
- Customer Service
- Accounting
- Collections
- Tenant Placement
- And More!
Don’t make the mistake of falling into the trap of DIY property management, let the team at Rent Portland Homes manage your rental properties so that you can enjoy your life, without that rental taking over every free hour of your day.
Contact Rent Portland Homes
Learn more about the property management services that we can offer you by connecting with us online. CLICK HERE to get started!
