Property Management Blog

Professional Property Management vs. DIY in Atlanta

FourandHalf Blog Post - Wednesday, May 21, 2014


Today, we’d like to discuss why it might be smart to have a professional manager take care of your rental property instead of doing it yourself. The easiest way to think about this is to consider why you hire any professional. You hire someone else to cut your grass and service your transmission. You don’t want to operate on your own foot; instead you’ll go to a podiatrist. And sure, you could probably figure out how to fix your washing machine with a book and a couple of YouTube videos, but eventually you realize that professionals know their business. 

The same is true with property managers. The amount of time it would take you to do everything a property manager does and the expense you would incur is sizeable. You might think you’re saving money when you do it yourself, but you’re not. You also have to remember that anytime you have a professional working on your behalf, you get better results. 

Forms
Professional property managers don’t use leases from Office Depot. They have court-approved, attorney-tested bulletproof leases that have been in court hundreds of times. That really makes a difference because in this business, it’s all about your forms and your policies and procedures. As a do it yourself landlord, you probably won’t have any written policies and procedures, and that can get you in trouble. A professional property management will have them and they are there to protect you as a homeowner. 

Advertising
A property manager will syndicate advertising, which means your house will get exposure on over a hundred websites. This is a far reaching advertising plan and in excess of what an individual could achieve doing it alone. Property managers get more results because of their economy of scale. When they list your home with hundreds of others, it’s a lot cheaper to get listed on those websites. 

Screening
Not only do we have a legal obligation to thoroughly screen tenants, it also makes good business sense. If you don’t make money, your property manager doesn’t make money, so there is no reason to put a deadbeat in your property. As a do it yourself landlord, you might not have the knowledge or the resources to screen for the things that property managers will. 

Maintenance
When your water heater bursts, you’ll probably pick up the phone and call a plumber. If that happens while your home is being managed by a property manager, you’ll have immediate access to an entire maintenance staff or a highly qualified vendor list. It will also be cheaper because property managers have negotiated pricing with vendors that brings in big discounts. 

A professional property manager will save you more money than they ever charge you. They’ll take care of all the things you don’t even notice or realize. If you have any questions or you’d like to talk about this further, please contact us at Title One Management.


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Title One Management, LLC
GA Firm Lic # H-66924
Office: (678) 792-2050
Leasing: (678) 792-2046
Maintenance: (678) 905-8866

Physical Address:
1275 Shiloh Rd NW, Suite 2920
Kennesaw, GA 30144

Mailing Address:
PO BOX 2222
Cartersville GA, 30120

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