Self-management is a form of real estate management where the landlord is the one who takes on all the responsibilities of running the property. This includes tenant screening, lease renewals, maintenance and repairs, collecting rent, and other such tasks. While this may seem daunting at first, it is actually quite manageable with the right strategy and tools.
Self-managing your real estate property can provide a number of benefits, including the ability to maximize your profits and the potential to increase your wealth through equity.
Real estate is a lucrative and ever-growing industry. With the increase in the number of real estate investments, property management has become a complex and time-consuming task. Property managers are constantly trying to find ways to make the management of their properties easier and more efficient.