And the list goes on and on.
It's why more and more people are turning to professional property managers to manage their rental.
Instead of answering emails and calls from The Annoying Tenant™, you can go to dinner with friends, watch your son or granddaughter's little league game, or sit around and watch an uninterrupted episode of Ted Lasso.
Benjamin Franklin famously said:
"People spend their time to save money, when they should be spending money to save time."
If you agree with wise old Ben, you've probably decided to hire a professional property manager.
But who should you hire, and more importantly, what should you look for?
I empathize with this question, as the number of options can be overwhelming...
Did you notice the dozens of sponsored ads that pop up when you Google "Property Management Near Me"...
Each company claims to have its own secret sauce...
Guaranteed tenant placement in 14 days, guaranteed rent payments, eviction protection insurance, and more.
The rarely uncovered secret in the industry is that all of this complexity leads to hidden fees and more dollars spent for property owners.
A great example of this is the percentage-based fees that have become standard in the industry...
Almost all property management companies charge an 8% management fee...
Why?
Because it's an easy way for companies to extract more money from higher-value homes...
Without spending any additional time, money, or effort.
We set out to change that, and make things easy, simple, and cost-effective for our clients. Hence our name :)
Our HomeSimple promise is this:
