Many times, rental property owners wonder why hire a professional in Roseville, CA? Taking care of a property and finding a tenant seems easy enough. However, if you value your time and your money, it’s a good idea to consider getting professional help. Many individual landlords don’t have the relationships and resources that are required to maintain a rental home and they also lack the legal knowledge that keeps them out of court and away from expensive lawsuits.
A property manager’s first job is to protect you and your property. Everything involving landlords, tenants and rental property has grown more complicated over the years. Professional managers spend a lot of their time staying updated on legal changes and best practices in the industry. They understand what’s required to effectively manage a property and preserve its value. You probably don’t have the time that’s required to take care of every detail and stay ahead of each new requirement. That’s how property managers can help. Your property manager will take care of all tenant relations. You won’t have to worry about collecting rent, scheduling maintenance or responding to emergencies.
Tenant placement is critical because you’re choosing a person or a group of people who are going to live in your property for an extended period of time. You need to find someone who is responsible and able to pay the rent on time every month while maintaining the house. Property managers can use their screening tools and marketing resources to find you the best possible tenant. You won’t have to worry about background checks or credit reports because your manager will handle it.
Keeping track of income and expenses associated with your rental property can be a challenge, especially when you have your own personal finances competing for your focus. Property managers make this easy for you by providing a statement every month that details your rent collection as well as any expenses that were paid. Many management companies have innovative software systems that allow tenants to pay rent online and owners to access their accounts whenever necessary.
If you’re not sure how to serve a legal notice to a tenant, a property manager will be a huge asset. Your manager will chase down late rent so you don’t have to and if necessary, post and serve a Three Day Notice in an effort to get your payments deposited quickly and efficiently.
Contact Action Properties if you would like to talk more about the benefits of professional property management.