If you are a homeowner looking to rent out your property as corporate housing or as a long or short term rental, you should also be investing in a property management company. Property management consists of an individual or team of individuals who are paid either in a flat monthly fee or through a percentage the rental to take care of your property. In some cases, this could also include marketing your property and all the responsibilities that go with bringing in a short or long term tenant. Here is why a property manager is important to helping you maintain and manage your investment.
Makes Repair and Maintenance Easy
Property Managers usually have more than one home that they are managing at a time. This means that they have access to wide range of home repair and maintenance companies. Doing business with large numbers of homes usually provides fast and efficient service by repair companies looking to keep up a relationship with a property management company. Another positive aspect of this relationship could be lower charges for services if the repair company is already servicing another home in the area.
Provides Peace of Mind for Homeowners
If you are like many people who own a second home or investment property, you most likely have a day job. In some instances, you may live hundreds of miles from your property and realistically can only get to it a few times a year. Property Management companies are the eyes and ears of your property. They can provide value feedback regarding the needed upkeep or possibly unruly tenants. If your property is a short term rental, they will be responsible for the walk through after a tenant leaves and can help determine if there are damages or if there is just natural wear and tear on a house.
If you have a property and want to ensure that it is managed well, consider Housing Helpers. We provide great service for all our property owners and wonderful peace of mind.