The True Cost of using a Property Manager

If you’re in the early stages of your property investment journey you may ask yourself, ‘should I hire a property manager, or should I save some money and do it myself?’ After all, a property manager will usually charge between 5% to 10% of the gross rent, depending on where your property is located. You would think it would be wiser to do the same as over 600,000 landlords in Australia by skipping that fee and collecting the entire rent. As an investor, it makes sense to minimise your costs, right? Now let’s put those savings into perspective. Imagine if …

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