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It would all come down to what is written in the contract you signed with the PM, but I have never heard of an exit fee, usually you just have to give them the notice as stated in the contract (eg 30 days)

I Agree with Geoff in some ways, you shouldn't manage the properties yourself solely to save money, you should do it if you think you could do a better job than a PM.

I've been managing my own properties and have had no major dramas. In SA the tenancies agency has a help line you can ring up for advice so I imagine NSW would as well. between the help line, their website, and somersoft you should be able to get the info you need. You just need to get your...

Slam, Check out the NSW office of fair trading website for some more info. http://www.fairtrading.nsw.gov.au/Tenants_and_home_owners/Being_a_landlord/Self_managing_your_rental_property.html Here is a lease agreement...