You should also consider the geographic location of your investment property compared to where you spend most of your time- a property manager may be more accessible than your schedule or location allows.
Location Matters: The Importance of Accessibility
The geographic distance between your investment property and your daily life can significantly impact your ability to manage it effectively.
A property manager offers local expertise: If your property is in a different city or state, a local manager can provide on-the-ground support and respond to tenant needs promptly. Even if your property is within the same city, a long commute can make it difficult to handle day-to-day tasks.
Enjoy peace of mind. With a property manager, you can rely on someone who is always available to address tenant concerns and handle emergencies.