1 – How to Screen a Tenant
2 – Showing the Property
Your time is valuable. Not only do you need to get the property ready to rent which means after work and on weekends, but then there are making appointments to show your vacancy. This means taking more time away from family and work. Wouldn’t you rather that time be spent doing something else? With a property management company they schedule appointments for you. At MAP Property Management, we show the perspective tenants the unit personally. We are able to meet and interact with perspective tenants and help them imagine where their furniture could go. Painting a picture with their furniture in the home helps in filling the vacancy.
3 – Ethics and Legal Issues - Rental Laws
Many home owners turn landlords are not up to date on current state laws with regards to evictions. Fair Housing Laws are also an area where there can be problems as to what you can and can’t say to perspective tenants. When filling out a 3 Day Notice to Pay Rent or Quit and you make a mistake it could mean starting the eviction process from the beginning.
4 – Rent Collection
Chasing down your tenants every month for their rent payment can be very frustrating. Professional Property Management Companies have software programs that assist in collecting rents. Our tenants can pay their rent online and we are able to track all transactions for each tenant. Tenants can also report any maintenance issues online.
5 – Property Maintenance
Maintaining a Rental Property has to be the most time consuming and expensive part of being a property owner. A rental property increases those expenses and time commitments even more. Every time a tenant moves out there are more expenses like, re-keying or changing locks, painting, cleaning and if there are upgrades that need to be done that will take more time and money. Then there is marketing, advertising, showing, screening and signing a new lease and that is just to name a few. Having the home or apartment in good showing condition is key to getting high market rents and attracting a qualified tenant.
Hiring a professional property manager is a great way to avoid missing some of life’s important moments like a dance recital or the big game. Leaving work to rush to show a vacancy and missing dinner with your family because you need to get it rented for pay the mortgage. Is it really worth it? Take back your life and your investment! Call MAP Property Management and ask for Laurie (562) 945-3404. Property Management is our business, our ONLY business!