Property Management costs can be a controversial expense among property owners. Ultimately, the decision to hire a property manager is a personal choice and the reasons which motivate the decision are diverse.
As with many big decisions in real estate investing, there is usually a catalyst moment or a realization which causes someone to seek out a great property manager. My experience has shown me that most of these decisions are made so that the owner can better use their own personal time.
By identifying and acting upon the best use of YOUR time you will quickly improve your quality of life in a number of ways – stress reduction, more moments of happiness, attainment of personal goals – to name just a few. This also has a positive spillover effect on those closest to you.
If you would like to read more about this topic, please read my full blog post here on Bigger Pockets.