Using a Property Manager
When Do You Need a Property Management Company?
So now you’re a landlord. You live near your rental—or across the country. You’re out to make money—or just keep up the mortgage. Everything seems to be going well, and then it happens. Your tenant calls at 2 a.m. with backed-up sewage in the basement. Another can’t pay the rent this month, but next month looks good. A third informs you that her rabbit has chewed up the bedroom carpet, and wants it replaced by next week. Then there’s the code enforcement letter from the county building inspector. What seemed like straightforward business relationships have become complicated. Whatever were you thinking?
A Property Management Company Makes You Money
The first problem any landlord faces is how to rent that property. A professional management company handles this for you, writing exciting ads, taking photos, and listing your real estate online, in print, and with rental agencies. If the price is right, your home or apartment could have a tenant within two weeks. Managers handle rent collections and fees, keeping evictions to a minimum by conducting thorough background checks. You can expect your property will be kept attractive and well-maintained; beautiful, safe, comfortable homes make a profit.
A Good Property Management Company Will Save You Money Overall
By keeping abreast of all regulations, your property manager will ensure your rentals remain in compliance, avoiding costly legal wrangling and fines. When maintenance problems arise—and they will—your tenants will appreciate prompt, quality repair work and you will appreciate straightforward repair bills with no additional fees. Should a tenant face court proceedings or an eviction, a good management company handles all legal procedures and keeps your costs low. Of course, tenant screening, routine upkeep, and good tenant-management relations mean that your involvement is kept to a minimum.
Beka Management has been taking care of landlord concerns for over 30 years. We oversee hundreds of residential properties throughout southeastern and northern Michigan. We would like to talk to you about your property management needs. Call me
Van Mamula right now at
(248) 363-0999 and I will personally talk with you so we can share some ideas.
