Owners considering professional management usually weigh the fee against doing it themselves. The comparison is more useful when it includes the costs that management prevents.
Vacancy
The largest cost in most portfolios is empty months. Active marketing, a tenant waiting list and prompt turnaround between tenancies compress vacancy more than any other single factor.
Arrears
Structured rent follow-up and proper tenant screening reduce late payment substantially. Recovery after the fact is always more expensive than prevention.
Repair costs
Small faults reported early cost less than the same faults discovered at handover. Regular inspection catches them while they are still small.
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