Property Manager | Investors and homeowners who are interested in turning their property into rental homes should consider hiring a property manager to run the day to day operations of their rental business. There are a lot of processes, laws, and regulations that homeowners must adhere to when they decide to become a landlord; but hiring a property manager will take the weight of running a rental business off your shoulders. Let the person you hire take care of all these common headaches for you.
- Setting the Price-A property manager can do a market assessment to find out how much rent is being charged for homes similar to yours in the same neighborhood. Never worry about if you are charging too much or too little.
- Marketing Your Home- When you hire a professional property manager you can be sure that you are working with someone who is also a professional marketing expert. The person managing your rental home will know how, when, and through what avenues your home should be advertised for rent.
- Showing the Home-There will be a lot of people who want to tour your home and not rent it. This can make you feel as though you are wasting your time and cause frustration. Let a property manager handle making the appointments and showing the home, so you don’t have to.
- Screening Tenants-Securing qualified tenants can be troublesome. There are a lot of factors that determine who is a suitable renter including income, background, credit, and rental history. Let your property manager sort through all the details and perform the necessary checks to ensure the best decision is made on tenants.
- Maintenance Issues-Renters always need something fixed, and unless your lease requires them to be responsible for maintenance, tenants will call you for everything from a clogged toilet to a flooded basement. Fielding these phone calls in not fun, let your manager do it for you.
- Late Rent-Tracking down missed rent payments is annoying and time-consuming. No one wants to be bogged down by collections tasks. Your property manager is authorized to take and apply rent payments, as well as pursue collections activities and evictions.
If you have a home, you would like to turn into rental properties, but you don’t want the headaches that go along with being a landlord, call Scott Properties today to see how we can help you rent your home in Charleston!