Let’s be real—when most people hear “property management,” they think, “How hard can it be?” They imagine sitting back, collecting rent, and sipping coffee as their property magically takes care of itself.
Spoiler alert: that’s not how it works. Property management is a serious business (but, hey, it can also be pretty fun with the right team on your side).
At 36 North Properties, we’ve heard every myth under the sun about managing properties. Today, we’re here to bust the biggest myths that might be holding you back from making one of the best decisions for your property—and your sanity.
So, put down the DIY manual, step away from the toolbox, and let’s dive into the truth behind these property management myths.
Myth #1: “I Can Save Money by Managing My Property Myself!”
On the surface, this makes sense. Why would you pay someone to do a job that you could theoretically do yourself? But here’s the catch—self-managing your property often leads to hidden costs. Whether it’s a missed rental opportunity because you didn’t advertise effectively, or a legal misstep that ends up costing you big time, doing it yourself is rarely the cheaper option.
At 36 North Properties, we don’t just manage your property—we optimize it. From filling vacancies faster to reducing maintenance costs through our network of trusted vendors, we turn your property into a revenue-generating machine. So, while you’re busy running the numbers on self-management, just remember: a pro property manager doesn’t cost you money—they make you money.
Myth #2: “Tenants Will Take Care of Minor Repairs Themselves.”
If you think tenants will happily replace a broken faucet or fix a leaky toilet, think again. In reality, most tenants won’t even change a lightbulb without sending a repair request. That’s where a property manager comes in handy. We handle everything from minor repairs to major fixes, making sure your tenants stay happy, and your property remains in top shape.
And trust us, that clogged drain is not going to fix itself. Let’s just say YouTube tutorials aren’t always as effective as professional help. With 36 North Properties, you won’t have to worry about who’s responsible for what—we’ve got it covered.
Myth #3: “Good Tenants are Easy to Find.”
Sure, finding a tenant is easy, but finding a good tenant? Now that’s a different story. It’s not just about getting someone to sign a lease; it’s about getting someone who pays rent on time, treats your property like their own, and doesn’t cause any drama.
At 36 North Properties, we take tenant screening seriously. We dig deep with background checks, credit reports, and personal references to ensure that the person moving into your property isn’t going to be a nightmare. Think of it like matchmaking, but instead of romance, we’re making sure your tenant is the perfect fit for your investment.
Myth #4: “Tenants Will Call Me Every Day!”
The idea of tenants blowing up your phone at 2 a.m. because the dishwasher is making a funny noise is enough to make any landlord think twice about renting out their property. But with a property manager, you can say goodbye to those late-night calls. We act as a buffer between you and your tenants, fielding their requests, handling emergencies, and keeping the peace so you don’t have to.
In fact, you’ll probably forget you even own a rental property (except, of course, when the rent hits your bank account each month). So unless you want to be best friends with your tenants and their list of complaints, let us step in.
Myth #5: “I Can Handle the Legal Stuff on My Own.”
Navigating the legal side of property management is like walking through a minefield—one wrong step, and boom! You’re hit with a lawsuit or hefty fine. Between state and local laws, landlord-tenant regulations, and new legislation popping up all the time, it’s easy to make a costly mistake.
At 36 North Properties, we stay on top of all the latest legal changes, so you don’t have to. Whether it’s rent control, eviction laws, or fair housing regulations, we ensure your property is compliant and your interests are protected. The legal landscape of property management is tricky, but with us, you’re in safe hands.
Myth #6: “Property Managers Just Collect Rent.”
If only it were that simple. Collecting rent is just the tip of the iceberg when it comes to property management. We handle everything from marketing your property to screening tenants, coordinating repairs, conducting inspections, and even managing legal issues.
When you hire a property manager, you’re not just paying someone to cash checks—you’re hiring a team that’s dedicated to maximizing your property’s potential. We do the heavy lifting, so you can focus on what matters most: enjoying the returns on your investment.
Myth #7: “Property Management Isn’t Worth the Investment.”
This one is our favorite. Why? Because it couldn’t be further from the truth. Property management isn’t just worth the investment—it’s the key to growing your investment. With professional management, your property will attract higher-quality tenants, experience fewer vacancies, and undergo less wear and tear. That’s a recipe for long-term profitability.
At 36 North Properties, we offer a hands-on, full-service approach to property management that’s designed to take your rental income to the next level. Trust us, your wallet will thank you.
So, there you have it—the seven biggest myths about property management, busted. At 36 North Properties, we don’t just manage properties—we elevate them. Whether you’re tired of handling tenant complaints, frustrated by DIY maintenance, or just ready to take your property to the next level, we’re here to help.
Ready to bust these myths for yourself? Contact us today at 831-320-7116 and let’s talk about how we can make property management a breeze for you. After all, you’ve got better things to do than worry about broken faucets and tenant drama—leave that to the pros.