Property Management Q&A
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Property Management Q&A
by Larry Hudson Should you manage your own rental property? Professional property manager Bob Rothman of Roost Realty would like to you to ask yourself the question. Rothman answered questions about professional property management during Greater Dayton REIA’s Third Wednesday meeting for February (2/15/17). Many investors like to manage their rental properties themselves – but Rothman said it makes sense to at least consider the alternative. Professional property managers can help you free your time for the things you do best, he said – like finding and security good investments. Professional property managers can be especially helpful when you’re locked in an argument with a tenant. A property manager can insulate the owner from the “personal” aspects of a dispute, he said. Your property manager can “treat the dispute in a professional manner,” Rothman said, and bring it to a conclusion. When a tenant has caused damage at a property, your property manager can help deal with getting professional assessments of needed repairs and getting repairs completed. Owners have counted on him to help unravel some very tangled disputes over his many years in the property management business, Rothman said. Sometimes, it’s even a question of the right personality for the job, Rothman said. Politeness, he suggested, may be overrated in the business of managing properties. “I’m abrasive, abrupt and rude,” Rothman said. It can be just the right personality to deal withsome very trying tenant management cases. “Trust the professionals,” Rothman said. “Would you want to do your own brain surgery?” Click Here for photos!