Single family home property management companies might charge seemingly high rates, but if you take a closer look at the services they provide, you will see that hiring a professional property manager is worth the money. Here are some of the tasks that your property manager will handle for you:
- Property maintenance and scheduled repairs – the larger and more complex your property, the more complex the repairs and the maintenance work required. Your property manager will schedule regular maintenance and repair sessions with the right contractors or using their own teams and will make sure that your property is always in top shape;
- Finding and screening tenants – the success of single family home property rental business depends on the occupancy rate of the property as well as on the reliability of your tenants. Your single family home property management representative will advertise the vacancies that need new tenants and will also screen candidates to determine whether they are reliable, indeed;
- Handling emergencies – even the best-kept property might need emergency repairs. Your manager will handle all these emergency repairs on your behalf, thus relieving you from the burden of having to handle them yourself;
- Rent collection – many (not all) property management companies offer rent collection services as well.