Credit: Vecivlavas Popa via Pexels
Landlords work hard to ensure tenants have a safe, comfortable place to live. They have struggled during the pandemic to evict tenants and waited for months while rents were frozen.
Landlords have many responsibilities and take on considerable risk, and, finally, there’s professional support available. Please keep reading to learn how professional management companies can make landlords’ life easy.
Tenant Selection
The difference between finding a great tenant and a horrible one is the difference between restful nights and constantly fearing for your property’s condition, and worrying about getting rent on time. In other words, there’s a lot riding on it.
Deciding to get help managing your property begins before the tenant is in place; the best companies have a four-step tenant selection process that ensures you secure a responsible, mature tenant. Here are the four steps leaders in the industry take:
- Employment letter
- Credit check
- Reference check
- Tenant application
Professionals know how to spot the red flags which new or even experienced landlords may miss, so you’ll get a better result with much less work. Ultimately, the professionals will only bring you the best applications, and you can accept whichever one you want without requiring any justification.
Support 24/7
At any given moment, landlords could get a call about an emergency that can’t wait. Needing to be constantly available means the job never really ends.
Now, professional property management companies can be there for you, tending to and fulfilling maintenance requests at all hours, evenings, weekends, and holidays. You’ll get your undisturbed spare time back, but you’ll also get better results for your property.
The leading property management companies have long relationships with trusted, vetted contractors who can fix everything from the tiniest repair to a leak in the roof. Landlords will know their investments are in better hands than they would be otherwise, and it won’t take up any time from their day.
Marketing
Do you know how to tailor your property, so it looks visually appealing to the local market? Do you have a dense social media network and connections to local magazines in which to spread your home’s listing?
Professional property managers have all these things, so they can make your home look its best and ensure it gets maximum exposure. It’s not uncommon for landlords to view their property through the lens of personal attachment, which can distort perceptions. Professionals will help you get every penny you deserve by showcasing your home investment home properly and getting the maximum effect possible from the listing.
You may know and love your property, but it’s wise to work with people who know the market.
The pandemic has been going on for almost two years now, and landlords need help too. Professionals with deep real estate experience are there with a turnkey solution that makes being a landlord easier, more profitable and eliminates the need to work after hours or fear about the state of their investment. Call your local property management company to get meaningful assistance with your investment today.
This content is a joint venture between our publication and our partner. We do not endorse any product or service in the article.
