Do It Yourself Property Management Costs Owners More Money Says Mountain View Real Estate Manager
Mountain View, Calif. - Doing it yourself may not pay off when it comes to investment property management, says long time Mountain View property manager Jerry Garrity of First Statewide Realty.
According to Garrity, whose experience in Mountain View property management spans over 21 years, statistics show that most owners who try to save money by handling management tasks themselves actually end up losing money. He says there is a lot more involved in managing rental property than most new investors realize.
"First and foremost, good property managers have a lot of experience screening renters to get the best ones. If this isn't done well, than nothing else matters."
After that, Garrity says there are many important things that a professional management company does on a monthly basis, such as collect rents, keep the home maintained properly, and keep costs at a minimum.
He says that since many property owners are new investors as a result of circumstances in the housing market or a job relocation, many make the mistake of underestimating the value of good property management techniques that come only by experience.
"Managing real estate involves coordinating people, money, time, and other resources. As a result, a property manager in Mountain View like First Statewide Realty, which has the benefit of 21 years of experience in the field, actually makes their clients money."
Garrity says that there is nothing wrong with the do-it-yourself attitude in life, but notes that there is a reason seasoned investors are not do-it-yourself-ers when it comes to property management.
"Experienced real estate investors use experienced property managers for one reason: Because it makes financial sense."
About First Statewide Realty
First Statewide Realty is a professional Mountain View property management company specializing in quality single family homes, condominiums, town houses and other investment property in the greater San Jose metropolitan area. The Cupertino property management firm has been in business for over 21 years, and is a member of the Santa Clara County Association of Realtors, Silicon Valley Association of Realtors, National Association of Realtors, California Association of Realtors, Tri-County Apartment Association and National Association of Residential Property Managers.
Contact:
Jerry Garrity
First Statewide Realty
20045 Stevens Creek Blvd.
Suite 2-D
Cupertino, CA 95014
Tel: 408-253-1000
Lic#: 01036982
Email: investments@firststatewiderealty.com
http://www.firststatewiderealty.com
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