Managing Rentals Without Losing Your Mind – From DIY to Hybrid to Professional Help
What Property Management Really Is (and Why It Matters)
Property management is everything that happens after you buy a rental property. It’s advertising the home, screening tenants, collecting rent, coordinating repairs, handling emergencies, inspecting the property, renewing leases, paying bills, and keeping records, and all the things in between. In short - it’s the work that turns a house into a functioning business.
And it matters more than most new investors realize. How you manage your rentals determines not only their long-term success, but also their year-to-year performance. A property that’s poorly managed won’t cash flow the way you expected, and over time it won’t build wealth the way you hoped.