Ten Reasons To Hire A Professional Property Manager
1. We Help Set the Best Rental Rates.
Many landlords determine rental rates based on what they see in the classified ads or online. This doesn't compare to the method of conducting a thorough market study, experience and actual rents from the MLS. We list at a rental price that ensures that you achieve a balance between maximizing monthly income and minimizing vacancy rates.
2. Marketing and Advertising for Your Property Are Taken Care Of.
You will improve vacancy rates and achieve higher rents because you'll be working with a team of local experts who will generate compelling advertising materials for your property. We advertise your property on multiple company websites, the MLS, Realtor.com, Zillow, Rental.com and over 50 other internet websites.
3. Ensure Monthly Payments are Collected and Deposited On Time.
Receiving rent payments can be a difficult and frustrating process. Our Processes maintain on-time payments with no disrupt in your cash flow. We emphasize utilization of auto deposits to minimize collection issues and to speed the process.
4. Tenant Screening.
Only reliable tenants will move in. We are experienced at finding good tenants, and will take care of all the details, including performing criminal background checks, running credit reports, verifying employment, and collecting previous landlord references.
5. Tenant Relationships & Management Will be Under Control.
Finding tenants is one thing, but we will manage all aspects of the tenant-landlord relationship. Our property managers will manage both routine and emergency maintenance, perform routine inspections, and manage situations where conflict resolution is required. We also perform move-in & move-out inspections utilizing 360 degree camera footage.
6. No Late Night Phone Calls.
Let's face it, renters will call at all hours of the day for repairs whether it is an emergency or not. Our team fields tenant requests for maintenance and attempts to mitigate issues by determining whether it may be just a breaker issue, operator error etc. before sending a professional. We then enter online work orders and the property owner receives a notification of the issue as well.
7. Tested, Reliable & Competitive Professionals.
Service vendor relationships will be well-managed. Our company has working relationships with third party vendors you might need- electricians, contractors, painters, suppliers, and vendors. When you're working on your own, it's nearly impossible to duplicate such a network. We will get you the best work for the best price and oversee any necessary maintenance projects. We also ensure that our providers are licensed, bonded and have workman's comp insurance.
8. Property Laws and Legal Compliance.
Staying in compliance with housing regulations and property laws can be confusing and mistakes expensive. A multitude of laws and regulations must be respected when you're managing a property. It's hard to keep track of all the local, state, and federal regulations, not to mention fair housing regulations like the ADA or service animals. Our Company stays abreast of policy changes so you can avoid law suits. Loss Mitigation is a fundamental responsibility of a professional property manager.
9. Evictions and Lawsuits
While our screening processes reduce the chances of having to evict a tenant it can happen. The eviction process can be long and costly without having the necessary expertise in filing procedures. Furthermore, if a tenant accuses the landlord of violating tenant's rights, challenges a security deposit return or fails to pay rent you could end up in court. We manage that process for and with you, and have an attorney who specializes in The Tenant - Landlord Act on retainer.
9. Financial Records and Reporting.
We provide detailed record keeping of income and maintenance related with the property. Our online Owners Portal provides 24 x 7 x 365 access to monthly reports, lease records, maintenance orders and more. You receive immediate alerts when tenants report request service as well.