Hiring a professional property manager is a great way to protect your investment and earn more on your rental property. However, you have to be strategic with your choice. Screening a property manager is even more important than screening a tenant.
Many real estate agents have decided to do part time property management, especially as the sales market fluctuates, and more people choose to rent instead of buy. Realtors are great at helping people buy and sell homes. However, the property management industry is unique, and so is the rental market. Hiring an inexperienced realtor to manage your property could result in costly mistakes.
Having a rental home with desirable features will help differentiate it from the competition