Property Management

Why Hire A Property Manager?

If you've owned income property for any length of time, you know that managing a rental can be financially rewarding. At the same time, you've also likely discovered that property management requires a large commitment of time and effort.

While it may make sense to take the do-it-yourself approach if you're a handy person, live close to your property, and don't mind devoting several hours per month to the task, in many cases this just isn't practical---especially if you hope to expand your business. With this in mind, here are some critical tasks Complete Landlord Solutions can help you with:

Setting the right rental rates: While looking through the classifieds to see what other landlords are charging for similar properties is a fine way to ballpark your rent price, Complete Landlord Solutions will conduct a thorough market study in order to set a rental price for your property, ensuring that you achieve the perfect balance between maximizing monthly income and maintaining a low vacancy rate.

Collecting and depositing monthly rent payments on time: If you've ever worked in a billing department, you know that securing payment from clients can be difficult, not to mention awkward. Complete Landlord Solutions has an efficient, tried-and-true systems in place to effectively collect rent and maintain on-time payments. You'll find this particularly important if you have a limited number of properties, and collecting payments on time is crucial to maintaining your cash flow.

Marketing and advertising your property: Through long experience, Complete Landlord Solutions will know exactly where to market your property and how to craft compelling advertising materials---a significant advantage when it comes to filling your properties quickly and avoiding long vacancies.

                                                                                                                                                                                                            

Finding the right tenants: When it comes to finding good tenants, Complete Landlord Solutions will take care of all the details, including criminal background and security checks, running credit reports, verifying employment, and collecting previous landlord references.

Managing tenants: In addition to finding good tenants, Complete Landlord Solutions will manage all aspects of the tenant-landlord relationship. Complete Landlord Solutions will handle both routine and emergency maintenance, take care of routine inspections, and manage any situations where conflict resolution is required.

Enabling you to invest in geographically distant properties: If you manage your own properties, you're pretty much limited to investment opportunities within a tight radius of your own home. By hiring a property manager, you can take advantage of investment deals in any location you wish.

Maximizing the profitability of your time: By having Complete Landlord Solutions take care of the day-to-day aspects of running your income property, your free to spend your time identifying further investment opportunities or otherwise furthering your career.