If you're a landlord, you have seemingly countless responsibilities to manage your rental properties and tenants, from maintenance requests and neighbor disputes to worrying about your turnover rates. It's easy to become overwhelmed. That’s why many work with a property management company to alleviate stress. Learn more about the common issues a property manager can help you address.

3 Common Tenant Issues & How a Property Manager Can Help

1. Late Rent Payments

As a landlord, you've likely heard all the excuses for why a tenant was late on their rent. While you want to be sympathetic to your tenant's financial concerns, late or missed rent payments often means hardship for you as well.

A property management company acts as an intermediary, working with your tenant to track down late payments, so you don’t have to deal with difficult or uncomfortable conversations. With set processes in place, property managers will help ensure receipt of payment or move forward with the eviction process if needed.

2. Services & Repairs

For landlords and tenants, maintenance requests and repairs can be frustrating. For tenants, slow repairs may inconvenience their daily lives. Landlords may have difficulty scheduling appointments around their tenant's schedule, finding a reliable contractor to perform the repair, or finding the time to do the work themselves.

For private landlords with duties outside of their rental property, repairs can easily be overlooked, leading to unhappy renters.

Property managers have maintenance request systems in place that ensure repairs are dealt with quickly and efficiently.

3. Security Deposit Issues

It's not uncommon to find damage in a rental property when a tenant moves out. While security deposits are in place to protect landlords from maintenance fees as well as necessary repairs, it can be challenging to figure out how much to charge and how to navigate your state laws.

When you work with a property management company, it’s their business to understand the inner workings of security deposits, from how much to charge when a tenant moves in to how much to charge for repairs and damages. They’re also familiar with city and state regulations, so they’ll only collect according to the law, protecting you from potential legal disputes.

If you're ready to partner with a property management company on your rental property, contact the professionals at Classic Maui Properties in Pukalani, HI. Specializing in property management for residential and commercial properties for over 40 years, their expert staff will handle every detail, including rental agreements, maintenance, and tenant communication. Contact them today at (808) 878-1001 to make an appointment, or visit them online to learn more about their services.