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Managing Properties

Projected Income $25 to $45/hr
Costs to Start Minimal
Time to Start 1-3 months
Category Real Estate

Our Side Hustles Breakdown

Managing properties involves overseeing the day-to-day operations of real estate, from tenant management to maintenance and financial management. Success in property management relies on effective organization, tenant relations, and property maintenance. You can potentially achieve a steady income by offering top-notch management services, maintaining positive tenant relationships, and staying on top of property maintenance.

cons-icon Cons

  1. Responsibility: Involves dealing with tenant issues, maintenance, and emergencies.
  2. Market Dynamics: Affected by real estate market fluctuations.
  3. Legal Compliance: Must stay updated on property management regulations.

pros-icon Pros

  1. Steady Income: Offers the potential for regular management fees.
  2. Asset Appreciation: Gain exposure to real estate without property ownership.
  3. Diverse Portfolio: Work with a variety of property types and clients.

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