Full-service property management is an excellent option for those looking to invest in rental properties. From tenant screening to rent collection and maintenance coordination, a property manager can help turn your long-term rental property into a truly passive income source.
What is a long-term property management service?
Sometimes investment properties are better suited to be a long-term rental. We can help you interpret the market to determine if your property is better suited as a short-term or a long-term rental.
Long-term property management services consist of screening tenants, negotiating leases, and routine maintenance requests to keep your rental property collecting rental income and avoiding issues.
Benefits of Long-Term Property Management
When you enlist the services of a professional property management company, it can provide a number of advantages to maximize the return on your rental property investment. Working with a dedicated team of experienced property managers can give you peace of mind knowing your rental is in good hands.
Property management companies work hard to make your investment profitable and efficient. They are knowledgeable about the local rental market and are able to identify opportunities for growth through regular inspections and rental rate adjustments.
Qualities to Look For in a Long-Term Property Manager
Having a well-informed property manager can help you maximize the value of your investment by creating an effective marketing plan to attract quality tenants in a timely fashion.
Be sure to inquire if the property management company focuses on residential property management, or commercial property management. Make sure the company’s role as landlord is clearly defined.
An online portal allows tenants to quickly and easily submit maintenance requests, while providing property managers with an efficient way to manage these requests.