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Should You Self Manage or Use a Nerja Property Manager

Should You Self Manage or Use a Property Manager?

One moment you will have to face as a property owner is deciding how to manage your holiday rentals, villa or apartment in Nerja.Of the two management styles available, you will have to narrow to one or a blend of both.

You can manage it yourself, you can hire a property manager or you can combine both. We’ll share more information regarding the two main options and hopefully, you will find an option that fits well with your needs.

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Managing the property on your own

There are a couple of reasons why a person may want to self-manage their vacation rentals. For many, these are the driving reasons:

More income: By opting not to hire a property manager to take care of your property, you will have saved yourself commissions and other fees associated with seeking their services.

Independent control of the property: When your property is under your care, it’s up to you to decide who stays and who doesn’t by personally vetting the prospective clients.

Past Bad Experiences with Property managers: If you fell victim to a scam or a rogue property management company which misled you, overcharged you or ran your property into theground, then it’s obvious that hiring a similar company again may no longer be an option.

There’s also the aspect of gained experience. Knowing how property management works will give you a better perspective of what’s important and what’s not, ways to improve your property’s value, amongst other great things. Besides, you could be the only one who cares more than any other person.

Nonetheless, there are a good number of challenges you will face when you decide to go down this route. You will have to familiarize yourself with tenant law and comply with every other regulation that affects you. You will as well incur extra costs if you live far away from your property due to occasional trips to inspect your property. Not forgetting to mention the task of managing the few workers taking care of your property, among other costly and time-consuming responsibilities.

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Hiring a Property Manager

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As much as there are those who might have had nasty experiences with property management companies, we also have a good number of property owners who can attest to the immense success they experienced after seeking the services of professional property management companies. Experiencing such success largely depends on the quality of the property management companies you choose.

Here are compelling reasons why hiring such a company might just turn out to be your best decision yet.

Solid infrastructure: A competent property management company will have all the necessary systems that are required to make this process efficient and safe. From tested screening procedures to extensive connections to contractors and vendors to its own professionals who are dedicated to ensuring your property stays in a proper state all the time.

It saves time: Managing your holiday rentals, villas or apartments for rent in Nerja isn’t a piece of pie. You will have to invest plenty of time hiring (and firing) workers, attending to complaints, looking after your property, amongst other activities that are also time-consuming and costly. But subcontracting all these tasks to a professional will leave you with enough time to attend to other things and save you unnecessary costs and energy.

Diverse professional services: Whether it’s cleaning or maintenance or overall property management tasks, a professional company understands what needs to be done in respect to each of these tasks. And thanks to their experience and skill, all aspects of your holiday rentals in Nerja will be attended to with the attention and focus they deserve.

Other benefits include increased property value and greater tenant retention rates.

Final Thoughts

If you are feeling a little frustrated or overwhelmed with your style of management, then this is the ideal time to consider an alternative option. We all deserve to be happy, less stressful and to get the most out of our heard-earned vacation rentals.

At My Home, we welcome those who look to having a professional and reliable property management company take great care of their vacation rentals including apartments and villas for rent in Nerja. We have earned our great reputation through great service delivery and by choosing us, you will be on your way to joining other remarkably successful vacation rentals homeowners.