When buying an asset investment property, the most important decision is whether or not to hire a professional property manager to manage the property or to manage it yourself.
Most landlords have professional property managers manage their income or investment properties. It makes sense, correct? An investment property is a precious asset – just like 100,000 shares of a Fortune 500 company. Unless your profession is property management it is likely that you would not be as efficient or knowledgeable as someone who made property management their business.