Even if you live within a few kilometres away from your rental property, it is still a wise investment to hire a residential property management company to take care of your tenants.
When property owners invest in real estate property, the idea is to maximize their profits. The truth is that time is money, and maintaining a property with tenants can take time. If you value your time and want to spend that time finding ways to generate more revenue, then you need to look into hiring a residential property manager.
The key to finding a good residential property management company in are where your property is. The fact that a good residential property management company can save time is a definite benefit. But there are other reasons why hiring a management company is in the best interests of any real estate investor.