top of page

The average monthly cost to hire a property manager ranges between $100-$250/per month. Your fees will ultimately depend on the property management company you choose.

What does it cost to hire a home management manager or home caretaker?

A property manager can collect rent for you and screen potential tenants. They’ll also deal with tenant complaints and repairs as well as evictions and late rent payments. Finally, they can manage bill payments to simplify your paperwork and maximize your mental bandwidth.

Is it worth having a home management manager?

If you're hiring a home management manager to look after a property that you own, consider the safety implications of in-person visits. Due to the CDC’s social distancing guidelines, it may be difficult for the property manager to collect rent in person or complete certain maintenance tasks. Check with your local government guidelines and consider implementing extra safety measures -- such as wearing a mask and gloves -- if you have to meet with them in person.

Are there ways to be safe if I hire a home management manager when social distancing?

What's the best way to set up a consultation or an appointment with a home management manager during the COVID-19 pandemic?

Ask the home management manager if they can set up a virtual consultation or remote appointment using a phone or video chat. It’s best to avoid as much in-person contact as possible during the COVID-19 pandemic. If they can talk virtually, ask any questions you have about the work that needs to be done. Ask about their system for handling payments, and see what kind of precautions they have in place to ensure safety and social distancing. 

Some home management services accept digital payments such as Venmo and Zelle. Remember that digital payments are typically considered safer due to the COVID-19 pandemic, as it requires virtually no person-to-person contact.

Can I use digital payments to pay for property management services?

Why is a home management manager 

A management company can be a landlord’s greatest asset. As a neutral third party, the property manager handles the day-to-day operations of a real estate investment, from a single vacation home to a large apartment building or several rental properties. A management company can be especially helpful to landlords who own several units and are unable to manage each of them individually, as well as to those who live too far from their investment properties to meet with renters. They tend to oversee the correct maintenance of residential properties in the city of Buffalo.

bottom of page