Landlord vs. Property Manager
Posted on June 3, 2016
The advantages of owning rental properties in Destin are multi-fold: property appreciation and positive cash flow are just two of the many reasons to consider investing. As idealistic as that sounds though, the headaches of managing a rental property for a new homeowner can be overwhelming. Tenant procurement is just the beginning. Wait for the midnight calls to fix a toilet or when you have to spend your time hunting down rent. Don’t forget the unexpected lawsuits you’ll eventually find yourself faced it.
A landlord who is considering managing his or her own rental property should examine several factors. The most important issue the number of miles the rental unit is from your primary place of residence. Remember, a landlord is on call 24/7.
Feeling overwhelmed already and you haven’t even found the perfect home or condo to buy and lease out? There’s one solution: hire a property management company in Destin. Tenant screening, background checks, rental collection, legal compliance, these are all things that a property manager can help you with.
Some homeowners think that hiring a property manager will hinder their potential return on investment. This isn’t the case. A good property manager should be able to earn his or her fees without sacrificing the owner’s profit. This can be achieved through efficient management of the property.
Looking for an experience property manager or realtor? Call 850-269-9999 for more details on what Southern can do for you.
Posted in: Residential Leasing |Tagged: Destin, Property Management, Rental Properties.