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Updated about 5 years ago on . Most recent reply

Question to all self managing rental property owners
Question to all my fellow rental property owners who self manage.
Why do you self manage Instead of finding a professional property management company?
A- Fees
B- Service
C- Trust
Please be descriptive if possible so I can learn more.
Thank you
Most Popular Reply

@Seemant Nakra
Because nobody will care about my properties as much as I care about my properties. And most PM’s in my area either do a poor job, or they charge too much, or they charge too much for the poor job they do. And, because I have the time to do the job.
The one thing that annoys me the most is the fees they charge to renew a lease. $300,400,500 to simply do a new lease addendum for an existing tenant! Ridiculous.