Are you managing leasing, inspections, maintenance, and tenant screening all alone? You don't have to! Instead, join the 44% of landlords who outsource these tasks.
With full-service property management, you'll never have to worry about your Seal Beach properties again. Not sure if hiring a property manager is right for you? Read on to discover the benefits!
Simplify the Tenant Search
You won't generate revenue if your rental properties remain vacant. Already, 6.4% of rentals in the US are empty. Your property manager can simplify your tenant search by:
- Staging and cleaning the property
- Taking high-quality photos
- Creating a video walkthrough tour
- Optimizing your online listings
- Marketing on social media
- Creating digital ads
With these services, potential tenants will come to you. This will save you valuable time, allowing you to dedicate attention to bigger tasks.
Choose a company that offers marketing and tenant screening services. After opening your tenant pool, your property manager will help you choose great tenants.
Tenant screening reports include credit and criminal background checks. Property managers also gather references and check for eviction histories. This can help you make an informed choice when choosing renters.
Your property manager can create a tenant retention strategy. Keeping great tenants in your properties will maximize your profitability.
Complete Property Repairs
Neglecting to complete property repairs promptly can cause expenses to stack up. Potential renters won't show interest in the property if it falls apart. Before it requires extensive repairs, schedule an annual inspection.
Contractors can recognize issues that need attention before they get worse. Your property manager can leverage their professional connections. They'll gather competitive bids before hiring licensed, experienced contractors.
Your property manager can accept maintenance requests from tenants using an online portal. This will ensure there aren't delays with projects.
Financial Management
Your property manager can review your income and expenses to draft owner statements. This will allow you to review each property's profitability.
Your property manager's financial management services may include:
- Rent collection and recording
- Security deposit disbursements
- Monthly owner statements and reporting
- Monthly owner disbursements
- New owner, tenant, and vendor setups
- Tax statements and 1099s
You can use this information to maximize your income and minimize spending.
Legal Compliance
A property manager can help you keep up with federal, state, and local laws. Adhering to these regulations will help you avoid fines. You can operate more effectively without legal issues.
Save Time and Money
Managing even one investment property can steal hours from your day. Allow a property manager to handle your landlord responsibilities. They can streamline property operations and improve your efficiency.
This will save you time and money. Meanwhile, your property manager can make recommendations to further improve your ROI.
Request Full-Service Property Management
Managing your investment properties alone may not prove fruitful. Instead, rely on full-service property management. Working with an experienced property manager can ensure your financial success.
Our team at PMI Patron is part of the number one property management franchise in the US. We use proven strategies to help owners maximize their profitability.
Trust our 20 years of experience, professional resources, and state-of-the-art technology. Contact us today for our management services.
