As a landlord, you have a lot of things on your mind. You have to find tenants, deal with their maintenance issues and a lot more. There are quite a few things to worry about. That’s why many landlords find that hiring a property management company is their best choice.
Would you benefit from hiring a property management company? If you’re not sure, below are some questions to ask to help you make the decision that is right for you, your properties and your tenants.
How Busy Are You?
Think about your life and what you do every day. There’s a good chance that you have another job besides being a landlord. Are you married? Do you have children? Even if you aren’t married, you have your own life. Wouldn’t it be nice not to have to worry about your properties? That’s where a property management company can come in. They take care of repairs, collecting rent, and more so that you are free to keep living life the way you want. You can go on vacation and sleep at night, enjoying holidays and more without worrying about interruptions.
How Far Do You Live?
If you are more than 50 miles from your rental units, it’s a good idea to speak with a local management company who is closer to your properties. This way, someone who is a lot closer can be available in an emergency. Your tenants aren’t going to be happy if they have a flood in their apartment and you tell them that you won’t be able to get there right away. This is why having a property manager is a good idea, since they can take care of things much more quickly.
Are you detailed?
Maybe you aren’t very detail oriented and you aren’t very organized. If you aren’t an organized individual, you should think about hiring a professional property management company. They will be able to keep your tenants and properties straight. They can help with collecting rent, leasing, doing repairs, screening tenants and more.
Do You Have Trouble Finding Tenants?
If you find that you are having trouble finding tenants, it might be the right time to get some help with marketing your property. These kinds of companies have marketing techniques that they have used for years and have found to be very successful.
Are You Service Oriented?
If you aren’t someone who is service oriented and you feel annoyed when tenants call you with maintenance problems, chances are good that you should hire someone to take care of this for you. A good property management company is the best place to go.
These are just five of the questions to ask yourself to determine if having a property management company to help with your properties is a good idea.
If you are looking for a property management company, we can help you out. We have helped many landlords just like you and we can help you to manage your properties. Give us a call or contact us today and let us show you what we can do for you.
