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From: Dan Hayes
Dear Investors
I am interested in any advice / warnings / encouragement regarding managing your own rental properties.
I have two properties on the Central Coast of NSW that have been managed by a local RE Agent for past 2 years. Whilst I am not totally dissatisfied with their service I am beginning to question their value compared to the cost of their management - approx $2000pa for both properties.
As I am local and have flexibility in my work I am able to respond to emergencies / issues as they arise. I am more concerned regarding finding new tenants when required and also risking my current tenants with this change.
Any comments / advice would be much appreciated. What are the pitfalls? Are you a self managed Landlord? Is it worth it?
Thankyou
Dan
Dear Investors
I am interested in any advice / warnings / encouragement regarding managing your own rental properties.
I have two properties on the Central Coast of NSW that have been managed by a local RE Agent for past 2 years. Whilst I am not totally dissatisfied with their service I am beginning to question their value compared to the cost of their management - approx $2000pa for both properties.
As I am local and have flexibility in my work I am able to respond to emergencies / issues as they arise. I am more concerned regarding finding new tenants when required and also risking my current tenants with this change.
Any comments / advice would be much appreciated. What are the pitfalls? Are you a self managed Landlord? Is it worth it?
Thankyou
Dan
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