Top Five Reasons to Hire a Property Manager
If you needed surgery, you would go to see a professional, right? The same is true when you have an investment property. Hiring a property manager is putting your trust in the professionals. Today, I would like to share with you 5 main reasons why you should hire a property manager for your investment property.
A good property manager:
1. Is licensed and insured
2. Has specialized experience
3. Has a knowledge of the industry
4. Protects their owner
5. Offers peace of mind
LICENSED AND INSURED
Much like doctors who have to go through specialized training, real estate agents have to pass board exams and take continuing education classes. This means that by working with a property manager who is licensed, you ensure that you have a professional on your side. Real estate agents are also required to carry specific insurance to protect you and your investment.
There are a lot of real estate agents who can buy and sell properties. There are few that specialize in property management. The experience that they have in their specialized field allow them to use the systems they have in place to be able to secure good tenants. Property managers are equipped to help you make informed decisions regarding your investment property.
KNOWLEDGE OF INDUSTRY
Property managers have their thumb on the pulse of the rental industry. They keep abreast of the trends, technologies, and changes to help you have the best return of investment on your property. Property managers can give you the best options and information to help you navigate through the rental property market.
PROTECTS THE OWNER
As an owner, your protection from having to deal with bad tenants is value in itself. No more middle of the night phone calls or 2 am water leaks to deal with. Put your trust in a licensed professional that knows how to deal with situations and emergencies that can arise.
PEACE OF MIND
The biggest reason to hire a property manager is peace of mind. Imagine a world where you receive a check each month and you did not have to do or think about anything. Having a good property manager provides that for you.
- Kris Masaki
Posted on 05/30/2018 at 11:59 PM