When just starting out as a landlord, many property owners find the task of renting a property to be overwhelming. From legal requirements to questions about who handles maintenance of the property, seeking the assistance of a professional Layton property management firm can prove to be highly beneficial. Below is a list of a few landlord responsibilities that hiring a group of experienced professionals can help with.
Property Showing and Tenant Screening
When looking for the help of a Layton property management firm, property owners should seek those groups that provide assistance with both the showing of vacant properties and the screening of potential tenants. Most professional management groups have a wide range of resources available for showing empty properties, from holding open houses to advertising through a number of online and print publications. Additionally, a group of professional property managers will have procedures in place for checking a potential tenant’s credit history, criminal background, references, and more, preventing more problematic issues down the road.
Rent Collection and Fee Enforcement
Typically, rental property managers have systems of collecting rent payments that are far more advanced than the average amateur property owner is able to employ. Professional firms offer online rent payment, send payment reminders to tenants, and enforce fees for late rent payments. Rental managers often have a better success rate with collecting rent consistently and on time than an average property owner attempting to collect on their own.
Maintenance Issues
Another benefit to using a professional property management group is having a third party handle requests for maintenance and assign a contractor to complete the requested repair. Landlords are often surprised by the amount of time spent visiting their property to assess the need for repairs, exterminators, new appliances, etc. Rental managers often have many years of experience in their field and have developed an extensive database of contractors, from roofers, to plumbers, to exterminators. Leaving both the initial request for service and the assignment of a service provider in the hands of a professional can remove a great deal of stress from a property owner in the long run.
At Real Property Management Northern Utah, we pride ourselves in offering experienced, thorough property management services to our customers. We understand investing in a rental property is an important decision, and we strive to protect your investment as though it were our own. Visit website at Northern-utah.realpropertymgt.com for more information about the services we provide.
