If you want to venture into real estate business, you should hire property managers. With many things that you should do in the business, you find it difficult to become the jack of all trades. Others will not appreciate you for that. Hence, you need to give way by hiring a third-party organization. Perhaps, you find it meaningful to embrace rental business. You must have several apartments and you do not want them to be non-useful. If you find it difficult to look for buyers of apartments, you better give chance to people who are homeless to avail your residential properties by renting them. https://en.wikipedia.org/wiki/Housing
You should understand that it is not only you who is doing such business. In fact, there are also real estate investors who make their properties available for rent. The competition is stiff which is why you need not to rely on your own knowledge in terms of giving the price for rent. Your own pricing may never be attractive to clients. Hence, you need property managers to study the market just to know how much the attractive price is to people who are looking for apartments. If most of your competitors set the prices high, you can set your own price lower than them so that the people will have the initiative to think of choosing you instead. Read on Westside Property Management
You are aware that your location is at the center of the city. It means that you can attract prospective clients when they come to you because they can easily-reach their desired venues such as hospitals, airports, schools, and marketplace. They often get their needs from those venues. But, you should also accept the fact that other competitors set their apartments in strategic locations. If you want money, you need to invite people to try your services. It is only the property managers who can work for you.
You should also understand the difficulty of getting rental fees. Some people are just difficult to approach. If you will do it by yourself, you will not be happy because the people will tell you that they do not have money yet. You need a force that will bring them to find money. It is important for you to speak to them because they have the authority to collect rental charges on your behalf. They also know the laws that will support you once the need to reprimand non-payers come into place. More info at www.westsidepropertymanagement.com