Which Is Right for You: Self-Managing or Hiring an Expert?

Today I want to cover an important question: Should you self-manage or hire a property manager? The answer comes down to two factors.

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Today I want to cover an important question: Should you self-manage or hire a property manager?

Actually, the answer will depend on two things: Do you have the time, and do you have the expertise?

If you’re managing just one property, perhaps you’ll have sufficient time to self-manage. But, if you’re managing multiple units, I might recommend hiring a property manager. Imagine the time it would take to manage that many units.

You should also think about your level of expertise. Are you familiar with landlord-tenant law, the eviction process, or anti-discrimination acts?

Ask yourself this: Do you have the time, and do you have the expertise?

If you aren’t familiar with any of these things, I suggest you hire an expert. There could be legal consequences if you try to handle these things on your own without the right expertise.

My team and I have the time, knowledge, expertise, and resources to help you manage your properties.

So if you’re considering investing in real estate, would like more information, or have any other questions, give us a call or send us an email. We look forward to hearing from you soon.

5 comments :

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Joe Mendoza has been involved in real estate for over 20 years. He has been a Real Estate Broker, Investor, Consultant, Advisor, Mentor, Managing Partner, Acquisitions Manager, and a Nationwide Coach. At present, he is President of the Joe Mendoza Team, Inc. San Diego, California. Mr. Mendoza also is an Executive Real Estate and Business Coach for Tom Ferry Your Coach, based in Newport Beach, CA.

Mr. Mendoza has a long track record of success. While at Prudential California Realty, he ranked as high as the Top 1% in the nation and was number 7 in all of San Diego County. He built a team of 2 full-time employees and 5 licensed associate agents.

Joe Mendoza
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Katcam Real Estate
100 E. San Marcos Boulevard, Suite 400
San Marcos, CA 92069
Toll-Free 24/7: 877-794-5227
Direct: 619-246-4663
joe@joemendoza.com
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Jeanette -“So, we were selling my home and at the same time we were looking for another home to move into. And he had to go through and put in a whole bunch of bids to different homes. Every time we’d email him and say ‘Hey, can you look at this?’ or ‘Can you look at this?’ he was just patient, all over it. Going through and putting in the bids, talking to us about what his recommendations were, what he thought, and then he just really went above and beyond with that whole experience. He made it like a very seamless experience for us. He’s very down-to-earth, great work ethic, and he puts the customer first.”

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Andy -“He went above and beyond in 2000. In 2000, one of his first home sales mine. I was one of his first clients and he actually sacrificed, maybe I shouldn’t say this, because he actually sacrificed some of his commission to ensure that I was happy. I had a termite infested pergola, like a backyard patio, and we didn’t catch it during the sale and inspection. And so I complained about it and he actually, to keep me happy as a client, he actually refunded me part of his commission. And at the time it was $500, I thought that was a lot of money at the time and I was one of his first clients. After that incident, I felt bad I took money out of him as one of his first clients, but he kept the customer happy and I alway refer people to him, I said there’s no other realtors I would go to beyond him. I tell them that he’s honest, fair, he’s smart and he has the experience in a difficult challenging industry and they’re getting one of the best when they hire him on.”

Elliot -"I met Joe about 15 years ago. He was living in the same area as we were and I met him, he told me he was in the real estate business and he seemed like a very trusting individual. Well, we wanted to sell it (the house) quickly, so by the time I contacted him within two days we had the For Sale sign up. Offers started coming in, he listed very quickly. So, he moved very quickly. I would tell people he is very knowledgeable. He;s been in the business over 20 years, over 25 years I believe, but the main thing is he is very trustworthy. He’s always smiling and laughing so he’s a pleasure to be around as well."

Margaret -"Joe, would, one, actually listen when I had an issue or come up upon a situation that I haven’t had before in my short term experience as a realtor and he’s been a realtor for twenty years, plus. So, he listened, he understands, he also is a fantastic problem solver. He’s also very motivating. He always has words of encouragement and can guide you in the right way. Through his coaching, he has given me discipline with a schedule. He’s made me understand the value of offering an abundance of not only experience and information but customer care. I was previously focused on my education so I had a lot of knowledge about my area of expertise, but I didn’t know how to showcase that. So, Joe helped me find my path in marketing and how to network, and how to make phone calls, scripts, what to say, that way it showcased the value in the information that I was providing clients so that I can build that long term rapport. It’s not just a one-on-one transaction. We are trying to build relationships."

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