Top Reasons to Choose a Property Manager

Reason 1: Property Knowledge

A good property manager should have the knowledge about what properties are typically leasing for in the area. They can assist you by suggesting what you should set your monthly rent at. This helps ensure that you get the most for your money at a reasonable price that prevents your rental to be on the rental market for too long- which would ultimately cause you to lose money in the long run.

Reason 2: Preventing Awkward Encounters

Sometimes, owners are uncomfortable collecting rent from a tenant. This can be for many reasons, like feeling guilt asking for money after hearing sad stories or tenants not paying their rent on a timely manner. Hiring a property manager ultimately relieves one from any awkward owner/tenant encounters and also ensures that the owner will get their money on time.

Reason 3: Market Exposure

Property managers can bring a lot more exposure to your property. They are able to put your home into the local MLS system, and can even advertise your property in local papers. More exposure makes your property more known, ultimately helping your property lease out sooner.

Reason 4: Tenant Information

Property managers tend to get a lot more information on tenants before leasing to them than a homeowner typically does. Property managers typically do background checks, criminal history checks, credit checks, prior rental history checks, and income checks. They are trained to look for any indication of past issues within a potential tenants history. Property managers will do as much as they can to ensure that the homeowner is leasing their property to good hands.

Reason 5: Handling Repairs

Property managers manage all aspects of a tenant-landlord relationship. This includes routine repairs and home maintenance. Property managers even have a list of vendors they usually go to, making fixing home repairs easy.

Reason 6: Staying Up to Code

Property managers make sure your property is up to code with rental property laws and standards. There are many laws that come with renting out property, leaving lots of liabilities in the owners’ hands. Property managers make sure your home is up to date and in compliance with the laws, making sure you avoid any possible lawsuits. Property managers also provide you with all your necessary yearly tax documents, making sure your taxes are up to date as well.

Reason 7: Making Life Easier

As seen from all of the reasons listed above, having a property manager ultimately makes your life easier! We are here to make your life easier, and most definitely aim to do so.

If you have any more questions that involve property management, be sure to call me! I am happy to help you in any way I can.

Until next time,

Cynthia

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