The Role of a Property Manager vs. Self-Management

By PropsManager Team | Dec 17, 2025

The Role of a Property Manager vs. Self-Management

Self-Management

• Pros: You keep 100% of the rent. You have total control. You care more about your property than anyone else.
• Cons: It's a lot of work. You are on call 24/7. You need to know the laws.

Hiring a Property Manager

• Pros: Passive income. They handle the headaches (late rent, toilets, evictions). They have vendor networks.
• Cons: Cost (usually 8-10% of monthly rent + leasing fees). You lose some control.

When to Hire a Manager

• You live far away from the property.
• You have too many units to handle alone.
• You hate dealing with people/confrontation.
• Your time is worth more than the management fee.

Conclusion

With tools like PropsManager, self-management is easier than ever. But if you want to be truly hands-off, a manager is the way to go.