Deciding which rental management company to trust with handling your rental property can be a big decision. When making the move from independent landlord to a property owner who has given control to a property manager Lombard firm, it is important to select a company that offers assistance with basic duties, such as determining rent amount, advertising the vacant property, and screening potential tenants. There are additional important tasks a landlord should be sure the property management company they choose will handle on their behalf.
Provide Written Leasing Documents
A rental management company should provide well-written, legally sound leasing documents for tenants to complete. Leases should be written with the landlord in mind, outlining a system of clearly explained rules and definitive consequences in the case that a rule is broken. Issues that are important to the specific property owner, such as whether or not pets are allowed or whether smoking is permitted, should be addressed in the lease. Additionally, issues such as late rent payments or damage being done to the property should be addressed.
Handle Property Inspections
A property manager should walk through the apartment at the beginning of the leasing period with the tenant, ensuring both parties are familiar with the condition of the property at the time of moving in. Also helpful are periodic checks on the property to make sure that the tenants are taking care of the home and that all rules set forth in the leasing agreement are being followed. In the event a tenant moves out, the rental manager should again walk through the property with the tenant, checking to be sure everything is as it should be.
Take Care of Maintenance Issues
Property management companies will often have a list of professional contractors, handymen, pest control companies, and more that they use in the case of a maintenance issue. Most landlords find this service is one of the most helpful, as knowing a leaky dishwasher or a roach infestation will be handled without their involvement provides property owners great peace of mind.
Visit Real Property Management Dupage Preferred’s website today for more information about the many aspects of property management they handle for clients on a day-to-day basis. They provide a wide range of high-quality services at an affordable price.
