Congratulations! You finally made the decision to build your wealth by purchasing rental property. However, that is only the first step. There is a big difference between being simply a property owner and being a landlord. For those property owners who live far away or simply prefer not to deal with the responsibilities of being a landlord, hiring a property management company offers the best solution.
However, not all property management companies are created equal. From marketing a property and screening tenants to collecting rent and supervising maintenance, quality property management requires a high level of skill and organization. Therefore, when choosing a property management company to oversee your rental property, it is important to choose a company with the experience to get the job done right.
Here are 5 reasons why you want to choose a property management company with experience:
Knows How to Market Your Property to Keep it Rented. Vacant rental property is a drain instead of an asset. An experienced property management company knows how to aggressively market your property to keep it rented.
Better Tenant Screening. An experienced property management is more likely to have an effective system for screening tenants to ensure that your property has quality tenants who can meet their financial obligations and who will be more likely to take better care of your property.
Protects Your Investment. An experienced property management company will take better care of your property. A property management company that has been in business for a number of years will have seen it all and will be able to confidently handle any problems that arise with your property quickly and efficiently.
Makes Owning Rental Property Simple and Convenient. A company with years of experience in property management will be able to streamline the process of owning rental property so that you can spend your time doing other things while still enjoying the financial benefits.
Offers the Best Service to Clients. Unlike new companies that might get overwhelmed and be unable to offer truly personalized service to their property owners, an experienced property management company is more likely to have a low property manager to client ratio in order to provide top-notch, personalized service.
Your rental property is a big investment. Don’t take unnecessary risks with it by entrusting it to an inexperienced property management company. Fort Lowell Realty and Property Management has been serving the Tucson and Phoenix communities for over 30 years. If you want the best in property management for your Phoenix or Tucson rental property, contact Fort Lowell today.