It’s 2 a.m. and your phone is ringing. It’s not a family emergency like you thought it’d be; it’s your renter calling to tell you the toilet is overflowing and the house is flooding. Unfortunately, these kinds of emergencies have their way of happening at the worst possible time, like in the middle of the night or when you’re attending your son’s graduation ceremony. Luckily, there’s someone who can field these calls and do even more to ensure your rental property runs smoothly.
Using a property management company comes with many tremendous benefits beyond fielding phone calls in the middle of the night. When you hand over the keys to a property manager, you can sit back and collect the rent checks while someone else handles the recruitment, management and administrative duties that come along with having a rental property.
Find More Desirable Tenants
For most, there’s nothing worse than having a rental property sit vacant. In this scenario, the clock ticks as you cringe at the thought of the lost income you could be earning. Many owners tend to panic and end up accepting any renter out of sheer desperation. If renters aren’t properly screened, this could lead to even worse scenarios, including missed or late payments, destruction of your home and even contractual legal battles.
When you have a vacant rental property, a property manager will market to a desirable, worthy group of renters. There are many smart resources and advertising programs that our professional managers use to reach this audience. Your manager will also ensure each renter is screened, which increases the odds of having a smooth and stress-free renting experience. The best part is that you don’t have to be involved with the tedious tasks of vetting and recruiting.
Collecting rent, filling out tax paperwork and fielding tenant calls are just some of the duties that a property manager will take off your plate. Remember that 2 a.m. phone call about the toilet? Your manager will take care of it and you can rest easy. Not sure which tax form you need? Your manager will get that signed for you. A property manager will ensure all lease paperwork is executed and signed properly and collect all fees and payments up front. Knowing that the administrative tasks are completed properly can end up saving you money and keeping you out of legal battles.
Get Access to Approved Vendors
One of the struggles many homeowners have is finding quality and trustworthy vendors. At Shield Property Management, we only work with vendors we trust to do the job right. With a property manager, you’ll have access to this approved vendor list, and your manager will schedule and manage home repairs. We don’t cut corners and always keep the homeowner informed about needed home repairs reported by the tenant. One of the greatest benefits of using a property management company is knowing your home is in good hands.
For more information on Shield Property Management’s three tiers of services, contact our team today—we look forward to working with you!Contact us