Third-party property management costs between 4 and 5 percent of rental income per year. Those who take care of their rental houses or apartments themselves save money - for example, with the help of property management software.
Since September last year, I joined Fairwalter as part of our venture builder activities of TREA and I am accompanying the team of Fairwalter together with Mattia Rüfenacht, who is also with TREA.
The program "Fairwalter" contains, among other things, the central functions such as service charge settlement, simple accounting, tenant comparison list, document templates. [...] The program offers all the functions necessary for private management and more.
It is a matter of luck to find good and inexpensive property managers. It is cheaper to take care of your rental houses or apartments yourself. For example, with the help of a software. K-Money has tried it out.
Almost 2 1/2 years ago we founded Fairwalter with the support of Fasoon. In a conversation with Fasoon & Friends, Max Wirz talks about his experiences on the way to self-employment.