Managing a rental property is a full-time job, governed by several laws you must oblige by. While most of us have a “can do attitude” it is almost always better to have a property manager. Some owners simply don’t have the time to handle the day-to-day operations of their own rental property. Whereas others simply don’t want to have to deal with tenants. It is important to know just how much value a property manager can bring to the table.
See below a few benefits of having a property manager.
Marketing & advertising – A property manager will advertise and market your property to prospective tenants. This could be when your property is vacant or becomes vacant. A property manager will prepare listing information and photography.
Viewings – your property manager will hold viewings for your property for prospective tenants.
Less stress – Someone else is managing your property as well as the tenants so you don’t have to worry as they will do most of the work for you.
Dealing with tenants – After your tenants move in if they have any problems, concerns or questions they’ll get in touch with a property manager.