The number one question I get when new clients interview me is: why should I pay a professional property manager a percentage of the monthly rent when I can do this myself? There are many answers to this question, but today we’re talking about the top three reasons you benefit from hiring a professional management company.
Maintenance, Maintenance, Maintenance
Don’t get stuck answering the phone at 2:00 a.m. when the tenant has a leak that needs to be reported. We have plumbers, flood specialists, and maintenance men on call for any job we throw at them. Our existing relationships with them allow us to get priority scheduling and wholesale prices. When the repair is complete, you’ll get a copy of the invoice and any pertinent pictures with your monthly statement. Complete transparency is our goal.
The easiest way to lose money as a rental property owner is to have a vacancy. We don’t make money until you do. We advertise on all the top rental websites, giving you as much exposure as possible. Your property will be shown by a licensed real estate agent six days a week. We screen our applicants with criminal, credit, rental history, and social media verifications. A bad tenant gives both of us headaches and costs both of us money. So, we take pride in finding great tenants for your property.
Rent Collection and Accounting
Never wait by the mailbox for your rent check. We collect rent from tenants electronically and deposit it into your account immediately. We can pay any invoice for you, such as HOA, landscapers, etc. Every month you get a financial statement and a copy of every invoice paid on your account. At the end of the year, an organized invoice is sent to you so your taxes are a breeze to complete.
A professional property manager is like an insurance policy. You might not need us every month, but when you do, we are there for you no matter what the situation happens to be. Here are some reasons we think you should consider Priority One when choosing a property management company.
These are the top three reasons you should let a professional handle things. Please contact us at Priority One Real Estate Consultants, and we’d be happy to manage the largest asset in your portfolio.