Owning rental property is a great way to make extra income. However, it can be overwhelming to manage the responsibilities of a property owner and landlord. This is why many individuals turn to property management companies. By hiring a property manager, you can focus on the bigger picture of property ownership while they take care of the details. The following are just some of the reasons to hire a management company for your new rental property. 

Why Investing in a Property Manager is Beneficial

Provide Tenant Management

As a property owner, it can be time-consuming to vet potential tenants, manage tenant relations, and handle any conflicts. Property management companies can take this burden off of you. They can provide rental income analysis, manage lease signing, handle evictions, and take care of rent collection. With a management company on your side, you can know that quality tenants are living in your property and that the rental logistics are covered. 

Implement Thorough Book Keeping

Managing a rental property involves more than just collecting rent. The property management company can ensure that rent is paid on time and handle security deposits. They can also ensure that you receive regular cash flow statements, tax materials, and confirmation of all payments. 

Include Property Advertisement

Property owners can keep rental income steady by ensuring a steady stream of tenants. A property management company can help advertise the property to minimize vacancies. These professionals will take care of listing the property, placing “For Rent” signs outside the building, and organizing showings with potential tenants. They can also ensure that the transition between tenants goes smoothly with services like cleaning, re-keying the doors, and utility transfers. 

Produce Simplified Maintenance 

Every tenant will put in maintenance requests from time to time, and this can get difficult to keep up with. By hiring a property management company, you can ensure that all maintenance needs are taken care of quickly and professionally. They can also provide emergency maintenance services and determine when a maintenance issue is the tenant’s financial responsibility. 

New property owners can trust Realty Roundup with their property management needs. With over 30 years of experience, these real estate professionals have managed over 2,000 properties for homeowners in Elk Grove, Stockton, and Galt, CA. They provide services like rental income analysis, tenant screening, maintenance, routine inspections, and accounting. With their quality services, you and your tenants can enjoy extra peace of mind. To view a full list of their services, visit them online. You can also talk to a member of their team by calling (209) 477-1594 today.