My letting agent has been managing 2 properties for me for 3 years. Same tenant in one of them for three years, and the other has the same tenant for two years.
I initially had them managed as was working and studying and looking after kids. No I'm no longer studying and only working part-time.
The letting agent is excellent, but I'm thinking of taking back the properties and managing them myself now. It would be an extra e250 per month which I could save.
However, just wondered what people think - is it worth keeping a good letting agent or is it an idea to manage the properties yourself - I have done this before in my single days?
Also, is there anything I have to know about taking back the management of the properties from the agent - any legal stuff etc?
Thanks.
I initially had them managed as was working and studying and looking after kids. No I'm no longer studying and only working part-time.
The letting agent is excellent, but I'm thinking of taking back the properties and managing them myself now. It would be an extra e250 per month which I could save.
However, just wondered what people think - is it worth keeping a good letting agent or is it an idea to manage the properties yourself - I have done this before in my single days?
Also, is there anything I have to know about taking back the management of the properties from the agent - any legal stuff etc?
Thanks.