Skip to Content

Troy MI Rental Property Investors: Are You Working Below Your Pay Grade?

The majority of Troy MI rental property investors and owners overlook the importance of their time. Research carried out by Real Property Management shows that the average household income for our clients is over $100,000 per year.  Plenty of these people work in professional, technical, sales or service jobs. Having that income and estimating 2,000 hours of work year, our clients’ time is around $50 per hour.

But, a lot of Troy MI rental property investors willingly devote time to handling tenant concerns, becoming involved in solving emergency maintenance and repair problems, running after tenants to pay late rent, and handling other issues regarding property management. The value of their time spent considerably outweighs the expense of hiring a professional to manage a property.

Sample Scenario

As an example, a professional property manager’s fee for a $1,200 monthly rental would be about $120 per month.  If a Troy MI rental property investor spends a mere 2.5 hours per month in managing the property, their personal time costs more than hiring a pro.  (Not only that, a professional manager’s fees are tax deductible, so the gap is wider than in this example.)

At work, would this same investor perform tasks that can be accomplished by another person at a lower pay scale? No. They would request someone else do the work. Wise business people match the value of work to pay scales. So, this principle should also be the same for managing rental properties.

Are you working less than your pay grade? Contact us to gain more information about the ways we can help with your rental property management.


We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.

The Neighborly Done Right Promise

The Neighborly Done Right Promise ® delivered by Real Property Management, a proud Neighborly company

When it comes to finding the right property manager for your investment property, you want to know that they stand behind their work and get the job done right – the first time. At Real Property Management we have the expertise, technology, and systems to manage your property the right way. We work hard to optimize your return on investment while preserving your asset and giving you peace of mind. Our highly trained and skilled team works hard so you can be sure your property's management will be Done Right.

Canada excluded. Services performed by independently owned and operated franchises.

See Full Details