| Being a Do - It - Yourself Landlord or hiring a | | | | Good Management Companies have a lot to offer |
| Property Management Company, both come with | | | | as well. They should have a good grasp of current |
| their ups and downs. A Landlord has full control | | | | market conditions. Next, they will handle all the |
| over everything that is involved with their | | | | maintenance and repairs. After that, the |
| investment. With a Management Company, they | | | | Management Company will be responsible for |
| oversee the whole process of managing the | | | | advertising, tenant screening, customer |
| investment. | | | | complaints, and making sure the real estate stays |
| There is a lot of responsibility that comes with | | | | fully occupied. On the other hand, you will be |
| being a Do - It - Yourself Landlord. To do the job | | | | leaving the control of your real estate up to the |
| effectively you need to think like a professional | | | | company. They will be the ones making sure the |
| property manager. You will be the one depended | | | | house stays rented, the up keep is done, as well |
| on for the day to day maintenance, as well as | | | | as handling customer relations. The quality of |
| the unexpected things that go wrong. Don't worry | | | | tenants occupying your investment will also be up |
| you can outsource some or all of the jobs. You | | | | to the Company. |
| will also be responsible for filling vacancies, tenant | | | | In closing acting as a Do - It - Yourself Landlord |
| background checks, collecting rent, and advertising. | | | | and Property Management Companies both have |
| There is also the good side to being a Do - It - | | | | their pros and cons. Landlords will have all the |
| Yourself Landlord. You are in charge of who | | | | control, as well as all the responsibility. |
| handles those responsibilities at your investment | | | | Management Companies take care of everything; |
| whether it be you or someone else. Another thing | | | | but that's just it, they take care of everything. |
| to consider is that you will be the one screening | | | | So, whichever way you decide to go. You should |
| and deciding who rents the real estate. Finally; if | | | | always weigh all your options carefully before |
| your house has vacancies you can step up your | | | | making any decisions! |
| advertising to insure they get filled. | | | | |