Five Services That Make Your Property Management Easier
Managing property is a tedious job. As a result, doing everything yourself can be overwhelming. Delegating or outsourcing to other professionals ensures all angles are covered and can free up your time to focus on expanding your business. Below are a few of the areas where outsourcing can minimize the challenges that come along with property management.
Having a professional handyman inspect your property solves several issues. A handyman’s inspection can catch those brewing repair issues the tenant may not know are happening in the home. Inspecting the home will ultimately minimize repairs. Two to three home inspections a year with your tenant allows you to make repairs before they become major problems. You can see how the tenant is maintaining the home and document its condition for the homeowner.
Home damage from pests can be costly. Having a professional company inspect the home and if necessary treat the home reduces the chance of infestation or damage caused by infestation. Having experts like RAM Pest Control and Rodent Control block those areas open to inviting pests and rodents saves the homeowner tons of money and time.
Exterior Home Maintenance
Maintaining the exterior of the property like the driveway, mailbox, roof and lawn will keep the homeowner in good relations with the neighbors and help maintain the value of the home. Despite their attempts,tenants cannot maintain the outside of the home to the standard of the homeowner. Having professionals like gardeners or roofers assist with this maintenance will reduce the risk of the property deteriorating.
Initial Application Process
Running a thorough background check on the tenant through a third party gives you a sense of the type of tenant you are accepting. You are then able to use that information to eliminate those you believe will be difficult or challenging tenants. The application company knows what signs to look for to determine whether or not the tenant should be offered a lease.
Offering several ways for tenants to pay rent minimizes the typical explanations for late rent. Having an online system like PayPal, that accepts payment on your behalf and allows tenants to pay with credit cards can make paying and collecting rent a much easier process.
Having a team for your Property Management Services allows you to focus on your clients and other aspects of real estate that can grow your business. You are also able to absorb more business and maintain quality service.