How can a property manager save you money? There are many ways

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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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Disclaimer: Chan & Naylor take no responsibility for the accuracy of any research material of contributors to our newsletter. Contributions to our newsletter is meant to be educational only and Chan & Naylor does not endorse any promotional material promoted in their articles. Readers should do their own research to determine the accuracy of their material.

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