For
a landlord, one of the important decisions to make is whether to do
the management himself or pass it over to a property
management company. There are a number of situations when the
latter will be more beneficial. Before getting to those, it’s
necessary to know the responsibilities of a property management
company to understand why it would be advantageous.
What
are the tasks that a property manager can do for a landlord?
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The manager takes care of budgeting and operating expenses.
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The manager also interacts with the tenants and occupants, mainly collecting rent and addressing their concerns.