In my experience, most level-headed people can manage their own properties. It can be trying is during these times:
1) When You Need to Secure a New Tenant – It is not fun nor easy to find a tenant for your property. If your property is not in a high traffic, highly sought after location, you may be relegated to sign calls or Craigslist to get that tenant. You can use the services of a real estate agent, but that can be expensive and most agents do not lease properties regularly and may not have the expertise to know which tenant to recommend. Use RentPlatz to do this dirty work for you.
2) When Your Current Tenant Does not Abide by the Contract – Everyone loves the tenant that pays like clockwork and never calls with problems. Unfortunately, approximately 3 to 5% of all tenants decide to violate the terms of the contract and either do not pay as agreed or violates the terms of the contract (has a pet or adds more occupants). This may be a rare occasion and you don’t have to stop managing itself because of this: use the services of RentPlatz to get you over the bad tenant hump and get back to managing that well behaving tenant.
3) When Your Time is Better Spent Elsewhere – Managing a property should only take a few minutes to a few hours a day. But if your lifestyle changes, you move out of state or simply don’t have the time or energy to dedicate to the proper management of your property, we can refer you to a professional property management company that can take care of the 3 T’s for you: tenants, toilets and troubles.