San Antonio Property Management Blog

3 Myths about Property Management Debunked

3 Myths about Property Management Debunked

Myth 1: "The property manager is just a glorified rent collector."

This is probably the most common misconception about property managers. While it is true that collecting rent is one of the key responsibilities of a property manager, there is much more to the job than that. In addition to collecting, property managers are also responsible for advertising and marketing the property, screening and selecting tenants, enforcing the terms of the lease agreement, maintaining the property, and responding to tenant concerns or emergencies.

Myth 2: "Property managers are expensive and not worth the cost."

While it is true that property managers do charge a fee for their services, many people fail to realize that the cost of hiring a property manager can actually save you money in the long run. A good property manager will help you keep your vacancy rate low, screen out problem tenants, and minimize repair and maintenance costs.

Myth 3: "I can do everything a property manager does, so why should I hire one?"

While it is possible for a property owner to manage their own property, it is not always advisable. Managing a property can be a full-time job and requires a significant amount of knowledge and experience. Hiring a property manager frees up your time so that you can focus on other things, and ensures that your property is being properly cared for.

Property management is a vital and important part of owning rental property. While it is true that there are some misconceptions about property managers, the realities of the job dispel these myths. Property managers provide a valuable service that can save you time and money. If you are considering hiring a property manager, be sure to do your research and choose someone who is experienced and reputable.