self-management
cost-savings
case-study
Self-managing can look cheaper until you price in vacancy, turnover, and your own time. This owner of six single-family rentals averaged 28 days to fill a vacancy and spent roughly 15 hours a month on tenant issues. After moving to a professional PMC, time to lease dropped to 12 days, two units were repriced to market for a combined rent increase, and the owner reclaimed those hours. We break down the fees versus the recovered vacancy and rent.
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