According to recent statistic, Malaysian property investors (those who own properties more than own stay unit) own 3.7 properties on their hands. To maximize the return on the investment, landlords tend to rent their properties by room or so called flatshare. Many landlords manage properties on their own or with the help of friend and relative, but they just need more than that, imagine managing 3.7 properties with 3 rooms on each property – that’s when a property management company might make sense.
Property management companies can be a huge asset to your business, but they don’t come cheap. And there are other reasons why you might not want or need one. Carefully review the factors discussed below to determine if hiring a property management company is the right move for your business. Continue reading Hiring a Property Management Company for Room Rent?