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Maintenance

Self- Management: All maintenance, furniture and appliance repair and cleaning chores will be part of your main job especially before and after the tenant’s duration of stay.

Property Manager: PM  Firms have their own maintenance staff to properly maintain the cleanliness and quality of your property.

Property Marketing & Tenant Screening

Self- Management: You’ll be the one to advertise your property online or get referrals to search for prospective tenants. You’ll also be the one to handle the inquiries and do the background check.

Property Manager:  PM firms use different online platforms and broker’s network to advertise your property and to get prospective tenants. And unlike self-management, PM firms handle all inquiries, negotiation, background checking, and contract signing.

Billing & collection

Self- Management:  You’ll be the one who will remind the tenants about the dues and what to do if they don’t pay

Property Manager: They are the one that will ask for the tenant about the dues and collect it. 

Contract & Legal Matters

Self- Management: You’ll be the one making the contract. Also, you’ll be handling the problem when they breach the contract

Property Manager:  Property Management (PM)  firms use different online platforms and broker’s networks to advertise your property and to get prospective tenants. And unlike self-management, PM firms handle all inquiries, negotiation, background checking, and contract signing.

Eviction or Contract Termination

Self- Management: One of the hardest parts of being a landlord is executing eviction to the tenant. From the termination of the rental agreement, asking the tenant to move out and legal actions if they decline to leave.

Property Manager: PM Firms process the eviction or contract termination and execute legal actions if they failed to pay the rent and/or committed any breach of contract


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Post Author: 81 Property Management

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