I have properties in Bangalore and Hyderabad, but I live in Chennai. When I bought them, my main doubt was who can manage my rental property as I stay away. At that time, a friend introduced me to the concept of property management. It simply means hiring a professional company like NoBroker or even choosing a trusted freelance property manager through referrals to handle tenants, rent collection, and maintenance.
What Exactly Does a Property Management Company Do?
The property management is nothing but letting a third party take care of your property.
A property manager can handle different types of properties, such as residential, commercial, industrial, or even special-use spaces.
Their job is to look after daily operations: like finding tenants, collecting rent, and arranging repairs or maintenance.
Usually, owners pay them a fee or a small percentage of the rent earned.
Since rules vary from state to state, property managers follow the local laws.
Hope this helps you.
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Who can Manage My Rental Property?
Akila77
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1
5 months
2025-08-26T09:20:03+00:00 2025-08-26T09:20:05+00:00Comment
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