Understanding The Basics Of Property Management

HAPCO - NW PHILADELPHIA Sub Group June 8th, 2020 Time: 6:30 PM to 8:30 PM 2nd Monday of the Month Location: Weichert Realtors McCarthy Associates, 6901 Germantown Ave, Philadelphia, PA 19119 Presented By: William Madison Co-Owner PM Philly Property Management Discussion: Understanding The Basics Of Property Management Overview: William will discuss how many buy and hold real estate investors decide early on that managing their own rental properties simply isn’t worth the time and effort. This is especially true for investors that own properties outside of their immediate geographic area. While there are pros and cons to managing your own properties, ultimately it comes down to personal preference and capacity. Some people would rather be more hands on and save a few bucks while others gladly shell out a small percentage of their income to let somebody else manage the property. For those investors that opt to outsource the management to a property management company, William will address questions to ask and what charges to expect is an important part of making a good hiring decision. In almost any market, you’ll find numerous property managers of all shapes, sizes and colors. For those investors less familiar with how property management companies work.