When you think of a landlord, what comes to mind? Is it Rich Uncle Pennybags from the Monopoly game box, or a 1% fat cat sitting on a pile of cash smoking a cigar? In reality, the average landlord is just like anyone else. Hundreds of thousands of people
make extra income from rental properties. It is not necessarily their full-time job, it’s an investment they work to maintain.
Getting into the business of property rentals, and becoming a “landlord” is not as rare, nor as exclusive, as you might think. There is a lot to consider, but don’t be intimidated by the process. Renting out your property can be as easy as you want it
With property management services, a real estate expert can help you navigate the ins and outs of renting. And with different tiers of service, you can be as involved – or as hands-off – as you choose.
What are Property Management Services?
Property management services include, but are not limited to:
- Advertising and marketing the rental
- Preparing the home for rent
- Making sure the property is properly inspected and “up to code”
- Screening the applicants
- Coordination of legal rental documents
- Negotiating details of maintenance, upkeep, and repairs
- Collecting rent
- Dealing with tenant issues
- Processing tenant move outs
If you are local you might want to take care of these duties on your own. If you own property locally but do not live here or if you're just a busy person, you may need a professional to handle each step of the process. With property management services
you can have an on-sight real estate professional to watch over month-to-month operations of your property. Alternatively, you can seek out consultation services if you are unsure of the legal aspects and applicant screening process.
No two landlords are the same, nor are any two properties. The right property management service will give you precisely the level of service you need, tailored to the specifics of your situation.
The Benefits of Property Management Services
Now that you have a better understanding of what services we have to offer the next question is “how do these services benefit me long term?”
Better return on investment:
With a tighter screening process for rental applicants, you get a higher quality of tenant. This gives you better retention, lower amounts
of wear and tear on the property, and timely rent payments.
Shorter vacancy periods:
A property management company can effectively market your property, and get the best price for the current market. Your property will be empty
for the shortest time possible to find the right tenant.
Less Stress and More Free Time:
If you don’t want to have to deal with showing the property, dealing with middle of the night emergencies, or even collecting the rent
each month, then you don’t have to. Our services are designed to keep all of the pressure of rental management off of your shoulders.
Let Allison Ables Property Management Services help you with your property. Call or email us today with any questions or inquiries you may have. Let’s start the process together.