10. SAVING BY SELF MANAGING
You’ve done all the groundwork and secured the perfect property investment…now the hard work really begins!
Many investors think by self managing their portfolio; that is finding their own tenants and acting as their own property managers by organising the collection of rents, maintenance, etc will save them a packet and give them greater profit. Wrong, wrong, wrong!
In the short term, this might seem plausible enough, but what happens when you have a portfolio of say twenty properties?