Property managers do not exist because it is impossible to manage a property on your own. They exist to supply a service that makes owning an investment property more convenient and stress free. Below is a list of the main services that a property manager will supply you with.
Tenant Placement – Tenant placement involves advertising and screening tenants. Advertising your unit involves photography, an online presence, and signage. Tenant screening involves running background checks on potential tenants and selecting the best fit for the home.
Tenant Relations – Tenant relations involves making sure that the tenant is happy with the home, and the home is happy with the tenant. The involves regular check ins with the tenant to make sure they aren’t experiencing issues, and periodic property inspections to make sure the home is being treated properly.
Property Maintenance – Property maintenance can be preventative like replacing the HVAC filter, or it could be a broken item reported by the tenant or found during inspection. All property maintenance issues involve quoting, coordinating, and follow up to make sure no new problems have arose.
Accounting – Accounting involves rent collection, disbursement, and record keeping. Timely rent disbursement is important to landlords, and proper record keeping helps ensure that you are able to write off your expenses come tax season.
If that all sounds like something you want to take on, then managing your property on your own may be the best bet. If not you may want to check out your local property management companies, or if you are in Northeast Florida check out our services here.
Thanks for reading and feel free to post any questions below in the comments.
About The Author:
Jeff Boyer, Lic. Real Estate Broker and Founder of AgentChase Real Estate
Jeff Boyer is a licensed real estate broker who is extremely passionate about achieving excellence in negotiations and home marketing. Jeff has a strong background in Information Technology which he has pursued for over a decade. He is an extremely hard working and always looks to find simple solutions in every equation. Jeff is a Michigan native who wanted to pursue his dream in real estate after his move to Florida. An avid investor, Jeff and his family currently own numerous properties throughout Jacksonville and St. Augustine. This sparked his love for property management and home sales. Jeff’s knowledge of market conditions and compassion for others makes him an ideal teammate to have on your side for your real estate goals.
Are you looking for property management services in Northeast Florida? Contact us today at 904-513-8575 or send us an email at different@agentchase.com
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