CalculateRealEstateROI

Rental Property

Should I self-manage or hire a PM?

Self-manage 1–2 local properties; hire PM at 3+ or any out-of-state.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Direct answer

Self-manage 1–2 local properties; hire PM at 3+ or any out-of-state.

Expanded explanation

Self-management teaches the mechanics; professional management scales the business. The fee almost always returns more in vacancy reduction and time savings past door #3.

Examples

  • 8% PM fee on $1,500 rent = $120; saved vacancy days alone usually exceed it.

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