Why shouldn’t I manage my property by myself?
As you may have noticed, the landlord business has changed significantly over recent years and the DIY approach can carry a lot of risk. Insufficient or inaccurate tenant credit information, risk of identity theft, and HUD, which enforces the Fair Housing laws. Most landlords don’t purposely discriminate, but because they are not aware of the laws, they face consequences for violating fair housing regulations. General district court damages can run up to $25,000-$50,000 per complaint, making the DIY property management a high-risk business.
Then there’s the matter of DIY repairs failing locally applicable Health & Safety, again leading to risk of injury to tenants and homeowners, in turn leading to seriously expense lawsuits. And there are plenty of other risks involved.
Real Property Management Premier is a professionally managed company with 35 years in the business. The tools, processes, and expertise we can tap into are simply beyond the reach of the average individual. In the long run, professional property management adds to your bottom line by driving up the property value and capital gains you stand to make over time. Looking at DIY as a means of eliminating expenses relating to monthly management fees is a short-sighted approach. And in the property business, it does not pay to be short-sighted!
Contact Real Property Management Premier
Our property management strategy is guaranteed to save you money at every stage of the process. We make it easy to protect your investment, minimize costs, and maximize your income—without interrupting your daily life.