Whether you’re a landlord who owns multiple complexes or just one, you’re responsible for renting safe and well-maintained homes and apartments to tenants. Whether you work full-time as a landlord or part-time, it can be difficult to keep up with tenant needs and other obligations. In this case, securing property management services may be your best option.
3 Reasons You Need Property Management Services
1. You Live Far Away From Your Properties
If the properties you own are several miles away from your residence, it’s not feasible for you to pay frequent visits to the buildings. It can also be impossible for you to respond to emergency issues in a timely manner, which makes for disgruntled tenants. A property manager will be accessible when you’re not, ensuring your properties are well cared for.
2. You Don’t Have a Lot of Time
Many people have day jobs in addition to owning properties. In this case, your time is likely in short supply. Conversely, a property manager will be solely devoted to dealing with daily issues when you simply don’t have time in your busy schedule.
3. You’re Not Interested in Daily Management
Whether you inherited the properties from a family member or you purchased them for additional income, there are many reasons why you may not be interested in daily operations. A property manager will vet new tenants, deal with challenging issues, and address problems as they arise, so you won’t have to worry about any issues affecting your business.
Located in Rochester, NY, Galvin Realty Group, Inc. has provided dependable property management services to landlords since 1987. Along with management assistance, they also provide property appraising, financial consulting, asset management, estate planning, and leasing services. Call (585) 546-1290 to learn more about how you can benefit from management assistance for your properties.