In today’s market, renters are everywhere. So, if you have an investment property you’re looking to rent out, how do you start?
Read further to learn more!
What is a property manager?
When it comes to renting out your property, there’s a handful of things that go into it. For example, how do you pick the right application, check their credit, keep up with maintenance, etc.?
A property manager will do all the heavy lifting. They will be the eyes and ears of your investment property and will ensure that it remains maintained and in tip-top shape.
Screening tenants
When using a property manager, it’s their job to vet any potential tenants. They will make sure that they’re qualified, have good credit history, job references, and rental history.
It helps if the applicant has a raving review from their previous landlord. Sometimes people lie on applications. So, a lot of research goes into putting a good, quality tenant in your property.
Doing this gives you, the investment owner, peace of mind during the rental process.
Maintenance and upkeep
It’s important to ensure your property is staying well taken care of. Your property manager will conduct periodic walkthroughs to make sure the tenant is taking care of the house.
If they discover that the property isn’t being maintained, they will post the proper notices.
This notice will tell the tenant to correct the issues, and if they don’t, then they may start the process to evict the tenant.
Therefore, it’s important to ensure you’re taking the proper steps to vetting your tenant before letting them in your property.
Why do I need a Property Manager?
Managing a rental home can be incredibly time-consuming. From marketing the property, screening tenants, coordination of the move-in, collecting rent, and overseeing repairs, it can be a lot of work.
A property management service will take those burdens off your shoulders. Allow them to put their experience to work for you.
Enjoy good, quality tenant screenings and attorney approved (landlord friendly) lease agreements. Contact a property manager today!
