Three Reasons Finding a Property Manager is a No-Brainer

Property Management

Whether you are a seasoned landlord or are new to the game, there are several benefits to findingĀ a property managerĀ to manage your properties. One of the biggest myths about property management is that you have to have a lot of properties for it to be worth it. That could not be further from the truth. Here are just a couple of reasons to consider hiring a property manager for your rentals.

Screening of Potential Tenants

One of the most vital functions of a property manager is protecting your investment. When finding a property manager you want to make sure they understandthat you want your rental property to be as profitable as possible. Making sure that you have great tenants is the most important way to protect you and your property. A good property manager will check rental history, income, as well as criminal history to ensure that you are not putting yourself at risk.

Collection of Rent

The last thing you want to do is spend your time chasing around tenants for rent money. Your property manager will collect the rent from all of your tenants for you. They usually offer several methods of payment including dropping it off at a drop box and paying online.

Maintenance of Property

No one likes to get a call at 3 in the morning regarding a flooded toilet. If you use a property manager, those calls will never make it to you. Repairs are usually addressed as a part of your contract.

Hopefully you will take heed and get to finding a property manager ASAP. It is really one of those situations where a little ongoing investment can save you big money and big headaches as time goes on. The benefits offered by property management companies are not only great for you, but for your tenants as well.

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