As a property management professional, there’s no more hectic time of year than rental season. To maintain both peace of mind and control of your responsibilities, following a few basic checklists can help. Serving residents in New York, NY, the real estate specialists at Arc Property Management Group can use their expertise and industry-leading tools to manage your property, maintain positive tenant relations, and increase your profit.
Below, the property management professionals discuss the types of checklists that every property manager should use:
Before and during the time of the tenant move-in, there are many tasks you need to complete to ensure the property is ready. One of the first tasks is to ensure the applicant meets the tenant criteria; this includes conducting credit checks and checking references.
Once the applicant has been screened and approved, the property must be prepared for the tenant. Allow the tenant to inspect the property for any defects so they are not held responsible at the end of their lease. Review the property rules, their contact information, and make sure the lease is signed and the security deposit is obtained before handing over the keys.
When a tenant is ready to move out, you will also need to ensure you check off every item on the list before they return the keys. Set a specific move out date so you can meet them to inspect the property for any additional damage that may have occurred during their lease period.
Do not return the security deposit until the inspection has been completed. Let the tenants know if any deductions will have to be made from the deposit due to incurred damages.
If you’re searching for a dependable property management company to take over the operation of your real estate property, call (800) 769-8084 to schedule an appointment today at Arc Property Management Group. You can also visit their website for more information about the team and their comprehensive list of services.