Owning real estate can be an incredibly lucrative investment, but it is not without its’ hassles. Most people utilize a property management company to make their lives simple, collecting a check and activity statement each month. Clean. Simple. Easy.
But for those of you on the fence, here are our top 5 reasons you will be happy you had a property management team taking care of your investment.
The Pipes Breaking on Christmas Eve
Let’s be honest. Things rarely break when it’s convenient time. In fact, sometimes it feels as if items wait until the most inopportune moment, right as you are headed out on vacation, the busy holiday season or when you are rushing to your son’s championship soccer game to go kaput.
But when it’s raining in a garage, flooding the living room, the water heater went out or a fridge died, you have to drop everything and become Mr. Fix It. Because if it’s not fixed quickly, not only will you have grumbling tenants, but you run the risk of causing more damage to the home.
At ParkLife Property Management, we rapidly tackle all the maintenance requests, even over the holidays, leaving you to live your life interruption free.
The Awkward, and Slightly Embarrassing, Phone Calls
“The neighbors are too loud.” “The dog ate my wall.” “I’ve locked myself out of the house.”
If you’ve had tenants, you’ve had some interesting phone calls. And if you haven’t yet, you will. Sometimes they make you scratch your head, like the tenant whose AC “went out,” but was never there to begin with. Others continually call, making you question if they break things just to have company around. Or the remedial tasks, like changing a light bulb.
And since turning your phone on silent just won’t do, farm those calls out. We take all the calls, pertinent and just a little odd, from tenants, addressing all issues seamlessly.
Pushing Boundaries
It’s good to have a strong rapport with your tenant. If you didn’t, things would be much more challenging. But once you establish a good relationship, many tenants will start to ask for things.
They will be minor at first. Fixing a rusty gate. A little more curb appeal in the yard. New hinges on the squeaky doors. Changing out light bulbs.
But before you know it, you are being asked to install brand new appliances throughout the property, even though the current ones are working just fine. And now you are just in a tight spot, balancing a relationship between continual requests.
Because our landlords have the option of never meeting their tenants, they protect their boundaries, addressing issues based on merit rather than relationship.
Sketchy Renters
Have you ever met someone, and initially they were totally normal, put together and incredibly friendly, only later to run into them and find out they were absolutely crazy?
Now imagine they rented out your house, leaving you to not only have to deal with them every month, but they are now living in your investment.
A credit check and quick screen meeting doesn’t cut it when determining who will be a good tenant. We continually screen applicants, so we’ve developed the ability to predict who will make a good tenant. Call it a honed gut instinct, which we use to place the best tenants in your properties.
Countless Other Little Hassles
Bills have to be paid on time. Landscapers hired. Repairmen on call. Tree trimmers scheduled. Does anyone know a good electrician?
There are countless other little hassles that add up with investment properties, from managing all the bills to finding good service providers. Leave the hassles behind! We manage all the bills, providing detailed monthly statements on all activity. And since we oversee so many properties, we built strong relationships with the best handymen, electricians, plumbers, landscapers and more to ensure that you receive the best service possible. And since we’ve built such a strong relationship with local service providers, they make our properties a priority.
Conclusion
Don’t let the hassles of being a landlord dampen your investment real estate aspirations. Make it simple by using a property manager.
At ParkLife Property Management, we make being a landlord as simple as opening a monthly statement. If you are looking for a reliable company to help manage your investment contact us today!
