Liran & Sivan's Guide to Ultimate Landlord Success

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Property Manager vs Realtor vs DIY: Who Should Manage Your Rental?

Property Manager vs Realtor vs DIY: Who Should Manage Your Florida Rental?

A realtor helps you buy, sell, or sometimes place a tenant; a property manager runs the rental for you on an ongoing basis; and self-managing only makes sense if you own one nearby unit and enjoy the work. Here is how to decide.

What a property manager does

A full-service property manager markets the unit, screens tenants, prepares the lease, collects rent, coordinates maintenance, handles inspections, enforces the lease including evictions, keeps you compliant with Florida law, and reports to you monthly. It is an ongoing operating role, not a one-time transaction.

What a realtor does

A realtor is transaction-focused: they list and sell property, and some will place a tenant for a leasing fee. Once the tenant is in place, though, a realtor is not managing rent collection, maintenance, or compliance for you month to month.

When self-managing makes sense

Self-managing can work if you own a single unit within a short drive, you have reliable contractors, and you enjoy handling tenant calls and repairs. Once the property is out of your area, you own multiple units, or the legal and time burden grows, professional management usually pays for itself.

A licensing note

In Florida, anyone managing property for others for compensation must hold an active real estate broker license. Luxury Property Care is a licensed brokerage, and our founders are licensed brokers, which is one reason to use a licensed manager rather than an unlicensed one.

Frequently asked questions

Can my realtor also manage my rental?

Only if they are licensed and set up to provide ongoing management. Selling and managing are different services with different skill sets.

Is a property manager worth it versus doing it myself?

For most investors with more than one unit or an out-of-area property, yes, because lower vacancy, better screening, and fewer legal mistakes often offset the fee.

Deciding how to manage your rental? Talk to us for a free rental analysis. Read our full property management FAQ.

Liran Koren

I'm Liran Koren. I'm a real estate pro and co-founder of Luxury Property Care. I believe that through common work we can create a healthy ecosystem, that serves investors, landlords and even tenants altogether. I'm a South Florida based computer geek turned high-volume, ultra-active real estate investor. By mastering the unsexy grunt work of data mining that everyone finds so boring, I turned $39,000 in savings into a $50 million portfolio in nine years. And I can help you do the same... Or better. Connections, capital, luck or skill having nothing to do with it. Lasting and sustainable success in this business is all about data. With the right software in place to create a "God's eye view" of every possible off-market lead in your territory before anyone else, and a professional system to exploit those leads, you'll be unstoppable in any market. Are you looking to do everything I've done and then some? Please visit my coaching page to ramp your business up to the next level. Or at least fatten up on some free off-market leads. Visit for my personal coaching : lirankoren.com Don't have time to build your own operation from scratch and just want to hire your own real estate A-Team? My company is one your one-stop real estate concierge for acquiring new off-market inventory and turning your current portfolio into a truly passive income stream. Visit my company website: luxury property care

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