There are a lot of ways that property owners maintain their homes to keep them in great shape. They clean out their gutters, keep their lawns manicured, change air conditioner filters regularly, and keep a close eye on small things so they don’t turn into big problems down the line. When it’s time to turn your home into an investment, you will suddenly find yourself with a whole lot more responsibilities on your plate to ensure that it stays in the same great shape you keep it in.
If you can’t be there to watch over your property investment, can you trust that your tenants will be as diligent and careful with the upkeep of your home as you would be? Can they be trusted to deliver their rent on time and without hassle? Chances are unless you’ve rented your home out to very close family members, the answer to both questions is… probably not.
Being a landlord is rife with obligations, and juggling more than one property is a major time and resource investment. Though some people attempt to tackle the mountain of landlord work thrust upon their shoulders by themselves, others turn to property management professionals to handle the heavy lifting.
Property managers may be the solution that you’ve been looking for if you are interested in reclaiming your freedom, being a hands-off landlord, or if you simply do not live close enough to manage the property yourself.
If you are still on the fence about hiring a property manager to take care of your home, here are five very good reasons why you should entrust your home to the property professionals.
1 – They Keep Your Home in Premium Shape
Professional property managers do a whole lot more than free up your busy schedule by looking after your property for you. Property managers are responsible for the maintenance and repair of your home so that it consistently retains its value. From hiring the best contractors to choosing qualified, licensed plumbers, electricians, or other contractors should something break, a property manager ensures that everything inside and outside of your home is functioning perfectly, and that means peace of mind for both you and your tenants.
2 – They Market the Property for You
When it is time to market your home, would you know where and how to reach prospective tenants? Property management agencies like Gainesville Property Management Company have the reach, expertise, and resources to price your home properly for rental and make sure that your home is advertised as broadly and effectively as possible.
3 – They Vet Tenant Candidates
As much as we wish we could trust everyone to be law-abiding, honest, and decent tenants, the terrible truth is that there are a lot of bad apples out there looking for an uninformed landlord who they can take advantage of. A property management company has the resources to weed out the undesirables from the application pool and perform background checks to select only the best candidates so you can rest assured that your home is being occupied by responsible tenants.
4 – They Collect Rent and Enforce Rules
No one likes to be the bad guy, but sometimes that’s exactly what you need in order to have your rent paid on time and guarantee that all of the rules you set down are being followed. Say, for example, your tenant signed a lease that specifically stated they were not allowed to have pets in the home. If you live out of state, how could you be sure that your tenant isn’t violating your agreement?
A property manager’s job is to visit the house regularly and make sure that your tenants are holding up their end of the agreement, whether that means paying rent on time, maintaining the property, or simply following the rules.
5 – They Ensure It’s Move-In Ready Again
When a tenant moves out of a property, they are responsible for returning the home to its former standing so that it can be ready for the next tenant to move in as soon as possible. Property managers like Gainesville Rental Management are there to oversee tenant move-outs, perform property inspections, and hold tenants accountable for making the home ready for the tenant who follows.
At the end of the day, hiring a qualified, professional property management team is an investment in the future of your property, so be sure to choose the property management company that is looking out for your best interests.
Call Thomas Group’s Property Manager, Megan Hampton, to hear about our limited-time offer of $250 OFF management services. (352) 575-4734