Property investment can be a hugely profitable endeavor, especially with high rental rates in the Puget Sound area. Unfortunately, as a landlord, you have a lot of responsibilities including filling units, keeping tenants happy, and keeping up with maintenance. Whether investment is your full time job, or you have a full time job on the side, a Sammamish property manager might be able to make your job easier, so that you can collect the profits without the stress.
You Don’t Have Any Free Time
If you do not have any time then you quite simply cannot keep your tenants and the government happy. No matter what it is that is eating up your time, consider how much easier life would be if you could leave managing the day to day of maintenance, collecting rent, and tenant management to a company and then just collect a check every month? Most good property management companies cover everything from repairs to emergency calls, as well as basic maintenance, inspections, and rent collection, so that you can save time.
You’re Units Aren’t Full
If your units aren’t full then you aren’t making any money and chances are you need help. Despite the high demand for apartments and rentable units right now, you have to know where to advertise your units in order to fill them. Any good property manager has a lot of connections for advertising units so that they fill as quickly and cost effectively as possible, so that you can start making money.
,/b>You Have Trouble Filling Maintenance Requests
Do you panic when you get a phone call at 3 AM about a busted sewer line? Handling maintenance requests and emergencies is one of your jobs as a landlord, and it can be stressful if you don’t have someone to call to fix things, or you don’t know how to fix things yourself. A property manager will be able to take the calls for you, and set up a deal with a local maintenance company to get the repairs done as quickly and affordably as possible.
Whether you’re not good with people, treat your tenants like your friends, or just don’t know how to ask for the rent, collecting rent can be an issue. There are hundreds of ways that things can go wrong, especially if you don’t’ have online payment methods set up. Your Sammamish property managers will handle rent collection for you so that you don’t have to worry about it.
You Wish There Were an Easier Way>
At the end of the day, you only really need a property management company if you’re looking for an easier, more efficient way to manage your property. While many landlords can manage just fine on their own, the pros take a lot of the stress and hassle out of it, and do it better as well.
Want to learn more? Why not get your free property management quote from SJA Property Management to find out what professional property management will cost you.