Earlier this year – in March, in fact – we posted a blog titled “Three Reasons to Hire Professional Property Management”. In that post, we covered three reasons why you should hire property managers to handle your rental properties, including getting help with: – Marketing your properties – Maintaining your rental homes – Dealing with paperwork All of the above are very valid reasons why you should hire property management companies to work for you and oversee your portfolio. After all, no one likes paperwork; marketing is essential; and maintenance is a 24/7, can-happen-at-any-time affair that you simply don’t want to deal with. Now, we’ll cover a few more reasons why property management specialists should be in your employ for your single-family rental home. You Don’t Want to Handle Problem Residents We all wish all of our residents are model citizens who abide by rules and regulations, pay their rent on time, and don’t cause problems. Unfortunately, that isn’t the case – and you will inevitably come across a resident that causes problems, no matter how good your screening process is. Fortunately, property managers provide buffers between you and residents. You get to avoid the stress and awkwardness, and instead have trusted agents representing you who know how to handle a variety of problematic situations. You Need Expert Consultation on Your Properties Property managers are also incredibly valuable when it comes to navigating an ever-changing market. We provide analysis on the Birmingham real estate market for that very reason – because we serve as experts on the real estate trends our owners need to stay on top of in order to have successful investments. Plus, property managers can give you priceless advice on everything to do with your properties, guidance that pays off when you have satisfied residents in great properties in ideal locations. Contact us if you have any questions about the benefits property management can provide.
Matthew is the CEO of Evernest. He is a student of the book Good to Great and is passionate about building the best property management company on the planet (and maybe even the universe if Elon Musk will hurry up). You can usually find Matthew at the baseball field with his son, at a dance recital with his daughter, or at his favorite restaurant with his wife, when he’s not in the office. And if you can’t find him in any of those places, it probably means he’s traveling.
Start the conversation!