Hiring a professional property management company has many advantages for a landlord. The benefits of property management services extend to anyone from those who just don’t have time to manage their properties or are unfamiliar with tenant law, to those who buy investment property, but have no desire to be involved in the day-to-day operations.
A property management company can take care of all the day-to-day operations of the property, screen residents, collect rent, and manage complaints, among many other responsibilities. This frees the property owner of a great deal of stress and responsibility.
However, a property management company provides many advantages for the resident, as well, and they often find they prefer managed properties to landlord-run properties.
Why do tenants prefer managed properties?
- Someone is always on call for emergencies. Instead of waiting for a busy or sleeping landlord to call back when there is an emergency, tenants can contact property management at any time, day or night, and receive a prompt response to their concern.
- Lease terms are consistently applied. Many landlords tend to play favorites, and give certain tenants leeway on paying their rent on time, etc. the property management company will have no personal knowledge of the tenants, so their terms will be consistently enforced all across the board.
- Their personal information is secure. Instead of providing a complete stranger with their social security number, tenants provide their personal information to a company, who will keep it secure.
- The maintenance and grounds management services are reliable. A busy landlord may not have time for regular upkeep, or may not know how. But property managers know the best maintenance people, and often have deals with them.
Make the move to hiring a property management service. It will make your life much easier, and make your tenants much happier. Read more here: www.arizonaeliteproperties.com