Outsourcing in long-term rental management

You already have a portfolio of apartments, but lack the energy to run around with keys, answer midnight calls, and organize plumbers? This is where rental management services step in. You hand over your real estate to a specialized company for about 10-15% of the monthly revenue. You regain your life freedom but thin out your profitability. For this mathematical business model to work at a satisfactory level at all, the properties themselves must first be bought at an absolutely sensational price on the direct market.