When Should I Hire a Property Manager?
Filed under: Home Tips
You may have one rental property or several short-term properties that do not fit into your workload when it comes to managing tenants. That’s where we come in. Let Elite Properties Direct take care of all your investment property needs so that you can focus on the growth of your business.
Read on for some instances that mean you are ready to hire a property manager.
Investment Properties Are Far Away
When you live out of town, getting to the property is difficult when a tenant reports a pipe burst or suddenly moves out. A property manager can be your boots on the ground so that you are not limited to living near your investment properties.
You Are Not Available 24/7
Perhaps you do not want to be on call 24/7 to answer tenant questions or fix a problem. A phone call at 2 am is never good, so why not have the property manager take care of it for you?
Multiple Properties Are Too Much to Manage
Another reason why someone seeks a property manager is that the business has grown. The management responsibilities may require more than one person’s attention and care. As you acquire more properties, you know you will have the workload required to manage them through a property management company.
Limit Landlord Accessibility
Many property owners do not want to give tenants their cell phone numbers. Instead, they like a company to act as a buffer between the tenant and landlord. A property management company can be just that and only contact you when necessary.
Worries about Violating Landlord/Tenant Law
If you were ever to come upon a situation where you needed to evict a tenant, you might not be aware of specific laws that protect the tenant in some cases. Instead of accidentally violating the law, you can count on a property management company to know the ins and outs of current regulations. They will navigate these difficult situations for you to keep the problems to a minimum.
Count on me, Cale Thomas, and my team for property management in Temecula. You can live your dream by owning rentals without the stress that comes with it. Send me a text, email, or call at (951) 473-0390 or [email protected].