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  1. awsydney

    Pro's & Con's - PM vs Private

    Depends. Like I said, different strokes for different folks. Property is not my only source of investment. Who knows, maybe you should have 66 instead of 33 if you had used a PM, or two. Good luck to you too! :)
  2. awsydney

    Pro's & Con's - PM vs Private

    PM fees Different strategies work for different people. I dont like to rely on my own time because the moment I stop, there is no income. The goal is to generate enough passive income that you can do whatever you want, whenever you want without worrying about small stuff. PM are meant to do...
  3. awsydney

    Pro's & Con's - PM vs Private

    Management fees is not worth arguing about even if it gets to 100s of thousands. Logic will have it that my portfolio is in the 100s of millions and still not worth my while. I have not had any problems with the credit boys at the banks nor have to wait for years. I continue to do what I do...
  4. awsydney

    Pro's & Con's - PM vs Private

    Agree with KK and Marg. The PM has the knowledge and the management is their bread and butter. Unless you have nothing better to do, apart from saving a few grand, let them do what they do "best", manage them by all means but it frees you up to do what YOU do best.
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