Last week, Investors Beat, put out an article about the benefits of 3rd party property management and why it can be an asset to even a property owner with 1 house.
Investors Beat addresses risk-mitigation as the number one benefit of hiring a property manager. “Truthfully, reducing your liability is the best way to maximize your revenue because when it comes to landlord-tenant relationships, poorly-handled legislative conflicts and property damages are the biggest expenses and can easily drive property owners into bankruptcy.”
The top 3 reasons addressed are:
1. Day-to-day tasks
2. Staying informed about legislation changes
3. Emergency responses
To read more, check out Why you should consider hiring a property manager at Investors Beat
http://www.investorsbeat.com/why-you-should-consider-hiring-a-property-manager/