Top Myths About Hiring a Property Management Company

If you're a property owner considering professional management, you've probably heard some common misconceptions about what property managers do and whether they're worth the investment. At SimpliManaged Properties, we work with property owners just like you—helping them maximize their investments while reducing stress.

Let’s break down the biggest myths about hiring a property management company so you can make the best decision for your rental property.

1. “Property Management Is Too Expensive”

Many landlords assume that hiring a property management company will eat into their profits. The truth? A great property manager not only saves you money in the long run but can often unlock unrealized profits. On average, properties managed by professional property managers command 5% to 15% higher rent compared to self-managed properties.

They help reduce vacancies, screen high-quality tenants, handle repairs efficiently, and ensure rent is collected on time—all of which protect your bottom line.

2. “I’ll Lose Control Over My Property”

Hiring a property manager doesn’t mean giving up control. You still make the big decisions, such as setting rental prices, approving major repairs, and deciding lease terms. Our job is to handle the day-to-day operations, keeping you informed without burdening you with the details.

3. “I Can Manage Everything Myself”

Self-managing a rental property is possible, but it’s also time-consuming and stressful. Tenant issues, emergency repairs, legal compliance, and maintenance coordination can quickly become overwhelming. A professional manager frees up your time while ensuring your investment is well taken care of. A property manager also has a larger network of vendors and relationships within the municipality which can work to your advantage.

4. “All Property Management Companies Are the Same”

Not all property management companies provide the same level of service. Some are simply rent collectors, while others, like SimpliManaged Properties, take a proactive approach to keeping your property well-maintained, your tenants happy, and your investment profitable. We’re your advisor, partner, first line of defense and more.

5. “Property Managers Just Collect Rent and Call Repair Services”

A full-service property manager does much more than that. At SimpliManaged Properties, we handle:
✅ Tenant screening to ensure reliable renters
✅ Lease enforcement to protect your property
✅ Proactive maintenance to avoid costly repairs
✅ Market analysis to maximize rental income
✅ Legal compliance to keep you out of trouble

We take a hands-on approach so you don’t have to. Oh, and tenants love us, because maintaining great relationships is at the core of everything we do.

6. “My Property Won’t Get the Same Attention I’d Give It”

We get it, your property is a valuable asset, and you want it to be well cared for. That’s why we treat each property as if it were our own. With scheduled inspections, preventative maintenance, and fast response times, we ensure your investment remains in top condition. We’re also selective and don’t bite off more than we can chew so that we can maintain our high-touch, white glove approach.

7. “They’ll Let in Bad Tenants Just to Fill Vacancies”

A reputable property management company prioritizes tenant quality over speed. At SimpliManaged Properties, we use a rigorous screening process to find tenants who:
✔ Pay rent on time
✔ Take care of the property
✔ Follow lease terms

The result? Lower turnover, fewer headaches, and steady rental income. How sure are we of this? If an eviction is ever needed…we’ll waive all coordination fees to support you!

8. “Property Management Is Only for Large Investors”

Many small landlords believe property management is only for big investors, but they often benefit the most. Individual owners frequently charge below-market rents due to tenant loyalty, fear of vacancies, or lack of market insights—costing them potential income.

Professional management optimizes rent, attracts quality tenants, and streamlines operations so you get the most from your investment without the hassle. Whether you own one unit or twenty, a property manager can help you compete with larger investors while maintaining a personal touch.

9. “I’ll Be Locked Into a Long-Term Contract”

Worried about being stuck in a long-term agreement? We offer flexible management plans so you can see the value we bring without long-term risk. Your satisfaction is our priority, and we believe in earning your trust every month.

10. “It’s Not Worth It for a Small Property”

Even if you only have one or two rental units, property management can be a smart investment. Avoiding bad tenants, costly mistakes, and legal issues can make all the difference. Plus, you’ll enjoy the peace of mind that comes with knowing your property is in expert hands.

Final Thoughts

Hiring a property management company isn’t just about convenience—it’s about protecting and growing your investment. At SimpliManaged Properties, we take care of the hard work so you can focus on what matters most… spending time with loved ones and enjoying sunsets.