Property management encompasses all aspects of running an income property, from finding and screening tenants to maintaining the property, collecting rent, and handling any issues that arise.

While some professional property managers specialize in certain types of services, most are prepared to take full responsibility for your property—unless you’d prefer to handle certain things yourself.

Professional property management makes owning and profiting from rental properties a hassle-free experience. For most, the decision to use a professional property management is a simple cost/benefit equation.

Not only are professional property managers experts at handling properties and tenants, they generally take only a small percentage of your property’s monthly rent in exchange for their services. When you consider what you get in return, a hassle-free, essentially passive income stream, the decision to employ a professional property management is a no-brainer for the majority of rental property owners.