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If you have any type of property you want to rent, property managers provide valuable services that make your life as a landlord easier. Before you work with a property management company, though, you should know what exactly these professionals will do for you. 

Property managers provide a wide range of services, including the responsibilities below:

  • property managersRent-Related Duties: A manager will analyze current rental rates and the property you’re offering to set a fair rent level. Once a tenant is in the property, they enforce that rent by collecting it on time each month and charging late fees if needed. They can then adjust the rate each year to match current rental market rates while following local laws regarding rent adjustments.
  • Property-Related Duties: The manager keeps up with the property maintenance schedule to keep it in top condition. This includes everything from scheduling snow removal to a routine chimney sweep. If the property needs repairs, the manager will leverage their network of service providers to find someone reliable to fix it at a fair price.
  • Tenant-Related Duties: A rental property management service advertises the listing to find possible tenants and make suggestions regarding the property to attract applicants. They then screen the applicants through credit and background checks to find a reliable person. They create the lease agreement and have both parties sign it. Afterward, the professionals will stay in touch with the tenant on your behalf, handling emergencies and complaints or evicting the tenant, if necessary. When the tenant moves out, they inspect the property and make any deductions from the security deposit to repair damages.
  • Financial & Lawful Duties: The property manager will manage the budget for a building and maintain all the appropriate records. They can file taxes for the property themselves or assist the owner with filing. The experts have a complete understanding of state, local, and national laws to ensure you are following these laws at all times.

 

The team at Nova Property Management takes on a wide range of responsibilities on their clients’ behalf in Anchorage, AK. If you are looking for professional help managing your properties, they are here for you. Give them a call today at (907) 522-1332 to speak with one of their property managers about your needs, and visit them online for more information. 

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