Why Be a Property Manager?

By
Real Estate Broker/Owner with Carlson Properties 325-721-2429 0528582

My prior post on Why Not to Be a Property Manager depressed me and didn't get any comments toboot!

In order to rectify the situation, here are five good reasons to be a property manager.

 

1. Property Management provides the manager and the owners another stream of income.

2.   A property manager helps make other people money and owners love to get checks in the mail!

3.  A property manager accomplishes what other owners  don't want to do!

 

4.  You help make housing more available by successfully  renting or leasing  owner  homes out and increasing the available affordable housing.

5.  You help owners accrue equity in real estate that has long term financial benefit to owners.

 

I think these reasons are a little more palatable than discussing leaky roofs, dog poop, trash in the yard, abandoned cars, and overflowing storage buildings. (my previous post to members)

Posted by

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Beverly Carlson,  REALTOR, GRI, ASP, IAHSP, RESA

Broker

Carlson Properties           

Abilene, Texas

325-721-2429

To See Abilene's Staged Homes, go to www.stagedhomes.com

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Show All Comments
Rainmaker
453,716
Allison Stewart
St.Cloud Homes - Saint Cloud, FL
St. Cloud Fl Realtor, Osceola County Real Estate 407-616-9904

Hi Beverly

Every occupation has it pros and cons..okay so you started with the negative reasons first..hey but someone has to say it out loud right?  I think many Real Estate professionals shy away from it, due to lack of resources to start a property management company. It takes a good working knowledge and capital outlay until you build your customer base. For many the prospect of responsibility and cost for the compensation offered is too time consuming to launch in this tough economy.  However, in vacation destinations such as Florida, there is a niche of property owners looking for such services.

Really it depends on where you are located, and what you are willing to offer. Clearly, it is not for everyone but can be a augmentation to an exisiting profitable business.

Jul 02, 2009 11:16 PM #1
Rainmaker
277,641
Beverly Carlson
Carlson Properties 325-721-2429 - Abilene, TX
Abilene's Staging Realtor

Thanks for the comment, Florida Pines.  The pros of property management are definitely better after the monthly rent is collected!

Jul 06, 2009 11:30 AM #2
Rainmaker
271,173
Cathy Lee
CL Design Services Home Staging - Danville, CA
ASP, IAHSP, RESA Danville, CA

I guess when you collect the check you are happy and that is all that counts!  :)

Jul 08, 2009 05:04 PM #3
Rainmaker
277,641
Beverly Carlson
Carlson Properties 325-721-2429 - Abilene, TX
Abilene's Staging Realtor

Hi Cathy,  To be  honest collecting a check pacifies me for a bit and then I get picky.  I expect the lawn to be maintained, the trash picked up in the alley, and no painting rooms weird colors behind my back! Smile!

Jul 09, 2009 08:16 AM #4
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Rainmaker
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Beverly Carlson

Abilene's Staging Realtor
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