Being a landlord can be very rewarding but it can also be time consuming, stressful and overwhelming. So, not sure if it’s time to hire a property management company? Here are your signs!
1. You’re managing several rental properties on your own
Managing multiple properties is equivalent to a full time job. You will have to handle all the advertising, maintenance, tenants, payments and more. This is sizable project, plus you may have another full time job. When hiring a property management company, we handle it all. We have processes in place to handle each issue in a timely fashion.
2. You don’t live near your rental properties
Some problems such as maintenance will require someone to be at the property when work is being done. You may live across town or in another state/country. If this is the case we can handle that service order for you and make sure everything at the property is being taken care of as needed.
3. You’re stressed out
Do you have a generous portion on your plate? Being a landlord isn’t a 9-5 job. It requires your attention 24/7. We understand the considerable responsibility that comes with managing rental properties. You have another job, your family, projects around your own house to mention a few commitments. Don’t let your stress get out of control. Let us lend our expert hand with management services.
4. You don’t have the time
Being a landlord is demanding. Especially when it comes to finding the right tenants for your home. If you don’t dedicate a proper amount of time during the screening process you could end up with bad tenants. Then if you do land a good one but don’t dedicate time to helping them when service orders or questions arise you could loose a quality renter in the future.
5. Struggling collecting rent payments
It can be frustrating trying to collect rent from tenants that pay late. This could lead to a costly situation and uncomfortable conversations. Turn to property management to collect the rent payments for you. No need for hard conversations with your renters.
6. You can’t find good tenants
Having a hard time finding quality tenants? We have all the tools to make that possible. We have experts that screen each applicant but we also will market and advertise on websites that are meant to attract renters. Plus we have the experience and understand market trends that will draw in more interest.
7. You would prefer a hands off approach
You may not enjoy managing your property but want to enjoy the residual income that it offers. That’s great! That’s why we are here! You can be totally hands off but still receive the reward.
8. Can’t find good contractors
It is challenging to find trustworthy contractors that will get the job done quickly and not charge you an arm and a leg. Luckily, we have contractors that we work with every day and trust with our business. This long list of all types of contractors will be at your disposal when you partner with our team.
9. You don’t know/ understand local laws
Depending on the city that your rental property is in you may have not only state laws to follow but also county and city laws. If you are unfamiliar and don’t have an interest in learning, then luckily for you we know everything you would need to.
A great property manager is worth the investment. With our help you can get back to the things you enjoy doing with your time. Let us do the hard work for you! Give us a call today so we can tell you how we will help!