Wednesday 1 March 2017

5 Reasons Why to Hire a Property Manager

Owning a rental property can truly be a satisfying experience. This is because it helps a landlord generate a steady income. Being a landlord, you would already know that a rental property would generate rental income if you have reliable tenants paying their rent on time.

Image Source: multifamilyzone.com

But there are cases when a landlord gets a problem tenant, so managing the property not only becomes tough but time-consuming as well. Therefore, you must hire a professional Santa Rosa property manager who’ll work to your advantage in every way you could possibly think of.

1. Reduced Risk Exposure

No doubt about the fact that the tenants you hire can either make or break your investment in the rental property. When you hire a qualified property manager, they’ll carefully go through a number of good tenant applications and ensure you get a reliable one.

The property manager will even carry out background checks that can help decide the tenant’s suitability.

2. Save You Time


Managing a rental property takes its own time. So, communicating with tenants regularly, tracking rental payments, carrying out inspections, finding the right tenants and conducting reference checks and so on can be time-consuming.

When you entrust all of the above to a professional Santa Rosa property manager, you get to save your valuable time so you focus on other commitments you’ve made.

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3. Peace of Mind

A lot of property owners believe that hiring someone else to worry about every day details of property management would be justifiable to the management fee. They keep away from unhealthy conflicts with tenants that can arise due to some problems making things worse.

4. Occupancy Numbers

An experienced property manager would understand the importance of short vacancy periods. Not only do they offer the rental property owner access to marketing strategies, but rate comparison tools as well in order to capture the highest return on investment.

5. Increasing Property Value


Annual maintenance inspections, repair/replace policies for appliances and undertaking property remodeling to increase the value of the property are all done by the property manager.

So, these are the strong, valid reasons to hire a professional Santa Rosa property manager if you want to find the right tenant for your property and generate a consistent rental income.