A good property manager can actually enhance the value of your rental property. Finding the right property manager takes a little bit more work on the landlord’s part. When looking for a property manager for your Clermont, Winter Garden or Minneola home, you want to choose someone that not only has experience but a proven track record of increasing your property’s value. Here are some great ways that the right property manager can enhance the value of your property.
If you live outside of the area or perhaps even the state, it can be difficult to maintain and manage your own rental property. This is where a property manager comes into play. Not only do they seek out and find the best tenant for your needs but they keep the property rented. A property manager will collect the rents, keep the renters accountable for payments and if they move out find another renter as quickly as possible. This takes the burden off of your shoulders and keeps the property rented. A property that is vacant for long periods of time can be an eyesore to potential renters.
They make it easy for potential tenants to rent the property.
A good property managers easily accessible and makes the property easily accessible when needed. They offer applications with quick turnaround, ease of access to the unit, proper marketing and advertising of the unit and communicates well with potential renters.
A property manager maintains the property.
The best way to get a property rented is to show it well. If the property does not look clean, touched up, organized and uncluttered, most tenants will simply drive on by. Good property managers will make sure that the property is rent ready my fixing up the landscaping, correcting damage and sprucing up the curb appeal in the inside as much is possible.
Property managers manage more than just the renter.
Property managers do a lot of tasks behind the scenes including reporting, accounting, profit and loss statements, balance sheets and rent rolls and monthly property summaries. This helps property owners understand what’s being spent, how it’s being spent and if they are earning cash flow each month.
What to look for in a property manager
When seeking out a property manager don’t want to make sure that they have reliable vendors who are licensed and bonded to take care of any damage or repairs that are needed. Double check that invoices are clearly marked. Good property managers conduct spot checks on properties to make sure work has been completed in the property is being maintained. Ask for some referrals and references and talk to the vendors to see what their report is with the property manager. Property managers focus on preventative maintenance and understand customer service, landlord-tenant laws, maintenance terminology and how to handle an emergency.
When you find a great property manager they are worth their weight in gold. If you’re looking for property managers throughout the Orlando area please contact my office today. I’d be happy to conducted over the phone consultation about your rental property and I’d be happy to meet with you anytime.