There are advantages and disadvantages to managing your own property. Let’s look at why you may want to do it yourself and why you might hire a professional. Buying an investment property is a major commitment. A key decision for many investors is whether to manage it themselves or to hire a property manager. The pros of managing your property Better oversight. A property manager will never have the same level of personal attachment to your property as you do. As manager, you’re in a position to keep a close eye on your property, and to quickly attend to any issues. If you’re handy, you can do even do some of the maintenance yourself, to save costs. Selecting the best tenants. When charged with finding
