Who should hire a property manager for rental units?

Rental Property Management, the very common type is you manage the rental your own or your relatives or friends help you do it. Then who should hire a property manager for their rental units?

You don’t live near your rental property. If your rental property is located far from where you live, hiring a property management company can be invaluable in dealing with the many issues that you will not be able to handle from afar.

You are a non-resident of the country. If you have purchased an investment property in Canada, as Non-Resident, 25% of your monthly gross rent will need to be sent to Canada Revenue Agency. Hiring a property management company will do this for you for a small fee, and each year you be provided with a statement for you to take to the accountant to claim some taxes back.

You’re not interested in hands-on management. Many landlords look forward to the challenge of finding good tenants and the rewards of maintaining a safe and attractive property on their own. But if you view rental property ownership strictly as an investment and want little or nothing to do with the day-to-day management of your properties, consider hiring help to manage your property.

Your time is limited. Even if you enjoy hands-on management, you may not have much time to devote to your business, especially if landlording isn’t your day job. And if you prefer to spend your time growing your business, including searching for new properties, arranging financing for renovations, or changing your business structure, then a management company may be a good way to spend your money.

You can afford the cost. Hiring a property management company is an attractive option if you can afford the fees. When interviewing companies, expect to hear quotes ranging between 5% and 10% of what you collect in rent revenue. If it’s a down market and you’re able to manage things yourself (or with the help of a resident manager or other employees), you may want to keep doing so until the market turns around.

You’re suddenly inundated with management tasks. If your business is growing, at some point you may find that you need a substrantial amount of help to manage everything properly. At that point, it might make sense to hire a management company.

You don’t want to be an employer. If you hire a resident manager or other employees to help with your property, you become an employer. You’ll have to handle payroll and deal with a host of other legal requirements and considerations. But, because a property management company isn’t your employee (it’s an independent contractor), and neither are the people who work for the company, by using one you avoid the hassles of being an employer.

租賃物業管理,很常見的類型是您管理自己的租金或您的親戚或朋友幫助您做。那麼誰應該租用房地產經理呢?

你住不靠近你的出租物業。如果你的出租物業位於你住的地方有很大的距離,僱用一家物業管理公司在處理遠遠不能處理的許多問題上是非常寶貴的。

您是該國的非居民。如果您在加拿大購買了投資物業,作為非居民,您的每月總租金的25%將需要發送給加拿大稅務局。聘請物業管理公司將為您付出少量費用,並且每年都會向您提供一份聲明,讓您請會計師來徵收一些稅款回來。

您對實際操作不感興趣。許多屋主喜歡著自己尋找好租客,以及自己維護財產。但是,如果您將租賃物業的所有權嚴格視為投資,並不希望自己房地產的日常管理,請考慮聘請幫助來管理物業。

你的時間有限,即使您享受實際操作管理,您也可能沒有太多時間致力於您的業務,特別是如果樓主不是您的日常工作。如果您希望花時間拓展業務,包括尋找新的物業,安排融資融資或改變業務結構,那麼管理公司可能是一個很好的方式來管理您的財產。

你可以負擔得起的費用。僱用物業管理公司是一個有吸引力的選擇,如果你能負擔得起費用。在採訪公司時,預計收到的報價在租金收入的5%到10%之間。如果這是一個下滑的市場,並且您可以自己管理(或在常駐經理或其他員工的幫助下),您可能希望繼續這樣做,直到市場轉機。

你突然被管理任務淹沒了。如果您的業務不斷增長,您可能會發現您需要一個適當的幫助來管理一切。在這一點上,聘請管理公司可能是有道理的。

你不想成為雇主。如果您聘請常駐經理或其他員工幫助您的財產,您將成為雇主。您必須處理工資單並處理其他一些法律要求和注意事項。但是,由於物業管理公司不是您的員工(這是獨立承包商),也不是為公司工作的人員,通過使用您避免成為雇主的麻煩。

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