What's holding landlord's back from hiring a property manager?

[Richard Cole]

Greetings BP community,

What are some reasons that make landlord's delay hiring a property manager? What are the things you would need to see in order to justify the ROI of management?

Looking forward to hearing your feedback!

[Dennis M.]

obviously giving up a huge percentage of my profits is the main issue , the other is that it’s not really necessary if your local to your investments. The reality is no one or company is going to take care or look after your investments better than you will . Think of it this way ....If I only get to keep 25% of the rents I’m sure as $&@ not going to split that with a company that posts a notice on the door or calls a handyman when I’m the shmuck who paid all the money did all the work and took all the risk to get the property as mine