Читать книгу Property Management Kit For Dummies - Robert S. Griswold - Страница 48

IN THIS CHAPTER

Assessing the pros and cons of residential property self-management

Understanding the benefits of working with a pro

Knowing what to look for in a property management firm

The late-night cable and online real estate gurus can make real estate investing sound so simple. But a prime location at the right price isn’t all you need. The other key to success in real estate is having a well-managed property.

Initially, you may try to manage your residential rental property yourself, particularly if you have a single-family rental home or condo or even a small, multifamily rental property such as a duplex, triplex, or fourplex. That’s why I spend time in this chapter guiding you through the pros and cons of managing your own property (as opposed to hiring a pro to do it for you).

If you’re like most owners, though, at some point you’ll consider hiring a professional property management firm, which is why I also give you some tools for evaluating property management companies, from the services they offer to the fees they charge. I explain the importance of the big three traits to look for — experience, qualifications, and credentials — and reveal some of the common tricks management companies use to generate additional income that aren’t in your best interest.

Deciding how your rental property is managed is one of the most important decisions you’ll make as a residential rental property owner, so take the time to look at all your options.