Why I gave up Property Management...... part 1
By Ralph Janisch ABR CRS Broker, Selling Northwest Houston to good people like you!
(Janisch & Co.)
I remember why we gave up Property Management. It is a steady source of income and it is also a steady source of aggravation. When we moved from Texas in 2000, we were handling 65 properties around Northwest Houston and Tomball. Most of these were turned over to my son Joel. He does Commercial Real Estate. After three months he closed the accounts and informed me that I had been out of my mind to do management. Perhaps!. When we began to get hungry in Durango, we agreed to take care of a 5 unit apartment. For almost a year it was only mildly annoying. Then in December one of the tenants came to me telling me he had lost his job. It was almost Christmas, and he had shared with me the month before that his father had been to visit and told him he was dying with Cancer. I co...
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