Whether you're a new Landlord just starting out, or you've been self-managing your properties for a while, the thought of hiring a professional property management company has likely crossed your mind.
Whatever category you fall under, you're bound to have some reservations about turning over such large investments to a third party.
Those reservations aren't unwarranted, and if you want to have a successful rental property business, you need to be fully bought in to whatever route you decide to take.
If you want to DIY it, you need to understand everything that comes along with self-management.
If you want to hire a property manager, you need to understand the pros and cons.
But beyond that, you have to understand that it's all relative.
While you certainly can argue the advantages and disadvantages of hiring a PM, what it really boils down to is value.
Are the services you receive worth the money?