Should I Hire a Licensed Property Manager


There are a number of things you should consider when making the decision whether or not to hire a property manager for a residential or commercial investment property you own.

Managing investment property can take up a significant amount of your time, and it requires specialized knowledge – of rules, industry standards and legislation. Not all investment property owners will have the time or the experience to manage their own properties successfully. Please consider the four questions above and then consider how hiring a property manager could possibly benefit you.

A licensed property manager can:

As a property owner, you’ll need to negotiate the specific tasks that a property manager will handle on your behalf and you’ll need to discuss compensation. Just like the specific tasks to be performed, the compensation you’ll pay to a property manager is also negotiable.