Professional property manager helps protect rental investment: Weisleder http://t.co/CkEtX4cQ8r via @torontostar #TorontoRealEstate
— Landlord Relief (@LandlordRelief) March 25, 2014
The above tweet references an interesting article by Mark Weisleder. The article begins with:
More and more Canadians are buying rental residential real estate for investment purposes. These properties offer in most cases, stable income that pays almost all expenses, with a real estate asset that will typically appreciate in value in the long term. However, there are many pitfalls with becoming a first time landlord. The good news is that with the assistance of a professional property manager, you can be protected and have peace of mind that your investment will be secure for the long term.
and ends with:
… you do not think twice about trusting your stock portfolio to a professional manager. Why would you not do the same with your real estate properties?
It is not easy being a landlord. Using a professional manager will give you peace of mind and a safe investment over the long term.
Mr. Weisleder notes that a good residential property manager will do many things including, what is most important:
– understanding the importance of finding good tenants
– ensuring that the tenants are happy to avoid tenant turnover
– separating you as the landord from your tenant.
And more. A good residential property manager will make your life easier and your real estate investments profitable.