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Updated 30 days ago on . Most recent reply

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John Reagan Johnson
  • Gallatin, TN
5
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16
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Switched to a Property Manager

John Reagan Johnson
  • Gallatin, TN
Posted

This is a post based off of curiosity. To all self managing landlords that switched to using a property management company, what caused you to make the switch? Was there a situation you encountered that deterred you from self managing? Were you just looking to gain your time back? Did you feel like using a property management company could help you achieve the goals you had for your investment property? 

If you have any stories that led you to switch over to a property management company, I'd love to hear them! 

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Drew Sygit
#2 Managing Your Property Contributor
  • Property Manager
  • Royal Oak, MI
5,394
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8,765
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Drew Sygit
#2 Managing Your Property Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@John Reagan Johnson hope you don't mind a PMC answering, but most of our clients hire us because:

1) They live out of state and don't have time & expertise to remote manage

2) They don't have the time to manage

3) They don't feel they have the necessary expertise and/or don't want to risk learning as they go and making an expensive mistake.

Go read Kiosaki's Cash Flow Quadrant book.
To become a true business owner or investor, you need to leverage your time through others.

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Logical Property Management.
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