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A quick reference for residential investors from WILMOTH Group. Providing creative solutions, strategy, services and support in the residential investment community since 1994.
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“When I’m old and dying, I plan to look back on my life and say ‘wow, that was an adventure,’ not ‘wow, I sure felt safe.’”
– Tom Preston-Werner (software entrepreneur) |
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DIY vs. Professional Property Management |
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Managing property requires time, effort, and expertise. Whether you’re a homeowner renting out a single house or an investor managing multiple properties, choosing between DIY property management and hiring a professional service is a significant decision. Both approaches have their advantages and challenges and understanding these can help you make an informed choice that aligns with your goals and resources.
In this blog post, we’ll explore the differences between DIY and professional property management, focusing on key factors like cost, efficiency, expertise, and convenience. This guide aims to provide insights to property owners and homebuyers who are considering the best way to manage their properties.
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WHY WILMOTH? Timely Monthly Disbursements
What is a property manager? One thing not often mentioned is property managers are money managers. Your property manager needs to have a monthly plan you can depend upon for receiving your disbursements.
The payment process is often the first question property owners ask when meeting with a potential property manager. WILMOTH Group is committed to providing timely, accurate payments to property owners. At WILMOTH, we have just such a plan. |
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Want To Grow?
WILMOTH helps investors with much more than just property management. If you are looking to grow your portfolio, we are your partner in the acquisition process.
Here is how to put our market expertise to work for you! |
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How Are We Doing?
Any chance we could convince you to share a 5-star rating? Just click the stars above and let the world know (on your favorite platform) that you appreciate our efforts for communication in this newsletter. We really would appreciate it! |
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| Questions? Own a property that is just not performing? Ready to increase your portfolio? Or just want to discuss anything? Let us know and we will get right back to you! |
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