Working with a professional Property Management Company instead of doing it yourself comes at a price. The question you should be asking yourself is if it is worth the money or not. Using professional help to manage your property isn’t cheap because of the many services they provide.
As an owner you should analyze the income generated from your investment to make a decision about hiring a property manager.
However, if a property sits empty there is no income generated. The right manager will be able to market your property in a variety of ways beyond just putting up a sign because having a tenant is critical to the success or failure of an investment property.
So the price of hiring a Property Management Company is cheap as opposed to your property being empty.