Do Property Management Companies Own Properties?

If you are considering hiring a property management company, you may be wondering how its business model works. One common question rental property owners ask is whether property management companies own the properties they manage. The answer depends on the company. Some property management companies own rental properties while also managing homes for third-party clients.

What to Look for in a Property Management Company

Choosing the wrong property management company can become one of the most expensive mistakes a rental property owner makes. While management fees are easy to compare, poor communication, weak tenant screening, inadequate lease agreements, prolonged vacancies, and ineffective maintenance can cost far more than the difference in monthly pricing. The right property manager can help