How can your property manager save you money?
Landlords often ask a property manager if he or she can reduce his or her fees. However, if you think about it – if you ask your property manager to take off 1% from their fees, at $500 a week of rental income, that would save you $5 or about $250 a year. Is that a lot of money?
But if you ask your property manager to collect your rent and offset your loan, it can save you even more than $250 a year. A discount is just one way to save money but a property manager can offer a lot of other ways to save you a lot more money.
This is just one tip – talk to us to know more about the many other ways your property manager can increase the yield of your portfolio.
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