One of the most common questions that we hear is “Why should I hire a property manager?” The simplest answer that we can give is “Because it’s worth every penny.”
The property manager’s job is to take care of your property. That’s it. They are specialists. They have the tools, the processes, the contacts, and the knowledge to make sure that your property is profitable. The first reason that you should hire a property manager is because…
A property manager can directly save you money.
Property managers have proven connections with contractors and maintenance professionals. These connections come with discounts for repeat business, and these savings are passed on to you. Another advantage of having these connections is that you know you’ll be receiving quality work by reliable, licensed, bonded, and insured companies. Sometimes it can be hard to find that kind of contractor on your own and many property owners have paid the price for it – by paying for work to be done and re-done.
Many property management companies maintain a staff that specializes in a variety of subjects, ensuring that no matter what situation crops up, they have an expert on hand to take care of it. We have people specializing in maintenance, collections, inspections, accounting, and all the legal aspects of property management. This means that we don’t need to hire outside help. To hire each of those people individually to work on your behalf you’d spend a small fortune and have a mountain of paperwork to sift through. When you work with a property management company you hire all of these services with one fee and none of the paperwork.
Property managers also have the time to perform regular inspections on your property, this allows any problems to be caught early on. When you catch a problem early enough you can prevent the really expensive damage from occurring.
If you want your property to be as profitable as possible then you need to minimize your expenses. And that’s what we do for you.