What Are The Benefits of Using a Property Management Company?
/A competent property manager can add significant value to your investment, which is why many seasoned real estate investors will tell you that a good management company is worth their weight in gold. Here are a few ways that a good property manager earns their keep:
Higher Quality Tenants
Fewer costly and time consuming legal problems
Shorter vacancy cycles
Better tenant retention
Tighter rent collection process
Assistance with taxes
Lower maintenance and repair costs
Increase the value of the investment
Personal benefits for owners
Of course, this is an ideal scenario. These results can only be expected if a management company is competent, trustworthy and a good fit for your property. A poor choice of a management company can produce many headaches of its own.
So how do you separate the good from the bad? Schedule a consultation to see how SJT can help you.