Trying to decide whether you should work with a rental management company or handle the process on your own? What you need to ask yourself is how many properties are you currently trying to manage, do you have the correct financial management systems in place, how much time do you have to dedicate to those properties, and do you have efficient and reliable maintenance resources in place when problems arise?
Hiring a professional property management company is an investment, but having the right company in place will end up paying for itself by saving you time, money, and stress. Whilst there is no way to guarantee a problem free experience, there is little doubt in our experience that many of the inherent risks involved in the rental process can be mitigated by professional management. There is also a growing trend where Tenants are requesting managed leases to ensure that their experience throughout the rental period is as well managed and smooth as possible. Tenants are often viewed as the potential problem, but in our experience we have also had to deal with troublesome landlords. There are therefore a number of benefits, including various long-term advantages that landlords should consider when deciding if professional property management is best for their investment properties. Below are some key considerations:
Ultimately, by maintaining good relationships between a Landlord and Tenant, and holding both parties accountable for their respective responsibilities, the rental experience can be improved for all concerned.
For advice or further information on Rental Management Options that Seeff North Coast offer, call Mark Johnson at Seeff North Coast on Tel 032 586 0170 or Cell: 082 600 628