Should We Do It Ourselves or Hire Someone Else: A Rural Property Management Planning Guide

摘要

Good property management is essential to the success of affordable rental projects. Nonprofit housing developers in rural areas face many unique challenges managing their properties. In some cases, hiring a professional management company is the most efficient approach, while in other cases the nonprofit project owner can best meet its goals and the needs of its tenants by managing the property itself. This manual does not provide a detailed guide to property management, but instead introduces rural nonprofit organizations to the issues they need to consider when making decisions about whether to manage their own properties or hire professional management companies. Manuals on how to manage rental properties already exist, but they do not reflect many of the concerns and challenges faced by rural nonprofit groups. These organizations often have few staff and limited capacity. They often own small projects with few units, or projects located in remote places, and often have jurisdictions encompassing large or inaccessible areas of open country. This manual, then, is intended to provide guidance to rural nonprofit housing groups so they can make informed decisions about how best to manage the rental projects they have worked so hard to develop.