Many new investors struggle with whether to self-manage their rental properties or hire a professional property management company. This video covers the questions that you should ask yourself before making a decision to DIY manage your own rental investments. [0:53] Professional property management as an investment [2:24] Example of slow profit erosion when tenants "manage themselves" [4:06] What are the systems you need to put in place to self-manage? [5:54] Do you know all the local legal requirements? [7:14] What kind of communication should you be prepared to have with tenants. [8:55] How do you figure out whether you have enough time with your day job [11:43] Benefit of scalable systems with professionals
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