Travis Cadman: Why Hiring a Property Manager May Make Sense for You
As a landlord in Alberta, Canada, you have a slew of decisions you have to make to keep your properties going strong so that your bottom line stays just as strong. However, the biggest decision you will make is whether to manage all of your properties yourself or to hire a company to manage your properties for you. Although you may be tempted to handle your own business -- literally -- you may find that using a property management company is a much more beneficial option in a number of scenarios, according to Travis Cadman of Investar USA. Property management companies work directly with your multifamily properties’ current tenants and prospective tenants. This means they collect rent, market your properties, handle repair issues and maintenance, respond to complaints by tenants, and pursue evictions. In other words, they handle all of the details that you personally would rather not focus on yourself as a landlord. And the best part? The company is considered to be a contractor, s...