Smart investors know that working with a professional property management company can help you earn more and spend less on your rental property. It also eliminates a lot of the risk that comes with owning investment property.
Sometimes, landlords have a difficult time deciding whether they want to manage their own property or hire a professional to take care of it for them. It’s important that you consider all the services and the value that a good property manager can offer.
Leasing and Tenant Placement Services
One of the most valuable services provided by a management company is tenant placement. If you put a bad tenant into your property, you’ll be faced with endless disputes, late or unpaid rent, property damage, and even the potential for eviction. Don’t put yourself through this. A property management company knows how to effectively market your home, price it according to the market, and thoroughly screen tenants. You won’t have to worry about where to find a Florida lease, and you won’t make an expensive mistake with the security deposit. At Realty Group of Southwest Florida, we are detail-oriented during the leasing process, and we use our experience in the local market to advertise your listing, show your property, and find you the best possible tenant.
Full-Service Property Management
Once a tenant is placed, you can expect your property management company to completely manage both the home and your tenant. Rent will be collected and the lease will be enforced. All tenant communication will be handled by your property manager, and you won’t have to worry about following up with late rent payments, sending notices, or driving by the property to make sure everything looks right. We collect rent on time and forward the payment to our owners every month, usually around the 10th. We provide an online portal where owners can view their accounting statements, check up on invoices, and look at pictures and documents from our inspection reports. You’ll always understand the income and expenses associated with your property.
Routine and Emergency Maintenance
When you work with a property manager, you won’t have to worry about maintenance calls in the middle of the night. We handle all emergencies, 24 hours a day and seven days a week. We also have excellent relationships with local vendors, which means that we get preferred rates. Those discounts are passed onto our owners, and you’ll never pay an upcharge on the maintenance work we coordinate.
Preserving the condition of your investment property needs to be a priority, and with a professional management company, the process for receiving and managing repairs is fairly automated. With our system, tenants can make requests online, and we respond to them right away. Preventative maintenance is a big part of our plan for keeping your property well-maintained, and we keep you in the loop throughout the entire maintenance process. Responding quickly to repair requests doesn’t only protect your property; it also contributes to better tenant retention and higher ROI.
These are just a few of the things you can expect your property management company to do for you. We take care of everything you need, and we’d be happy to tell you more about our residential management services. Contact us at Realty Group Southwest Florida.