Why Should I Use a Professional Property Manager for My Atlanta Rental Property?
Today we’re talking about why you should hire a professional property management company to take care of your rental property in the Atlanta area. Many property owners think they can manage their own properties in their spare time and they believe it will save them money. Actually, managing your own property can cost you money in the long term. Experienced investors know that hiring a qualified property manager comes with a number of benefits.
Experience and Expertise
Professional property managers have seen and done it all when it comes to rental homes and the tenants who occupy them. They have procedures and processes in place that are legally compliant and effective. A professional manager has the required licenses and insurance and knows how to maximize the return on your investment. When you take advantage of that expertise, you’ll earn more cash flow and enjoy a greater appreciation of your asset.
One of the largest costs for a landlord is vacancy. When there is a long time between tenants or you have trouble getting your home rented to someone who’s qualified, you lose money. Professional property managers can use their marketing skills and their screening techniques to find you an excellent tenant quickly. If you’re able to reduce the number of days your property is on the market, you’re going to prevent lost rental income.
Time and Attention
A rental property should be treated as a business and if you have a career, family responsibilities and other things going on in your life, you probably don’t have the time to dedicate to running that business. Property managers do this full time and they are always available to your property and your tenant. This shouldn’t be a hobby that you take care of on weekends. A rental property requires your full attention and if you’re unable to give it all the attention it needs, a good property manager is essential.
Phone calls in the middle of the night about leaking water heaters or broken air conditioning are never fun. A professional property manager will handle all emergency maintenance issues so you don’t have to. You’ll also have the peace of mind that preventative and routine maintenance is being taken care of on a regular basis to ensure that the systems and structure of your property are kept in good shape. Most property managers have a long list of highly qualified vendors with whom they have great relationships. You never have to worry about the condition of your investment.
These are only a handful of reasons that explain why property management services are such a great value. If you’re interested in hearing more, please contact us at ALH|Podland.