If you’re a landlord looking collect rent online and to increase your return on your property, why not consider managing the property yourself? Yes, it involves additional time, but you can make substantially more on your investment with do-it-yourself property management. Now, if you’re okay with hiring a management company, and giving a portion of your profits for this service – by all means, go ahead. But, we’re here to share a few key ways you can make more money as a landlord by being handy, and using a few simple and inexpensive tools. Okay, you’ve made the decision to try managing your rental property on your own, what’s next?
While employing a property management company can save you time, this will eat into your profit margin. Property managers typically charge up to 10% monthly fees for their services. Alternatively, by managing your property yourself, you can save money in several areas – allowing you to pocket the additional income. You can also save money with do-it-yourself repairs and with time saving tools such as Schedule My Rent.
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AuthorSchedule My Rent makes it easy for landlords to collect rent online. The service Archives
May 2018
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