Managing both the tenants and the property of a rental location is a vital part of being a landlord. Handling one building requires time and attention, but having multiple properties may be overwhelming. Hiring a property management company could ease this burden. Learn more about how they can help below.

Why You Should Hire a Property Management Service 

1. Marketing

Property management teams help you market your vacancies so you can quickly find tenants. They will advertise your location on top online outlets and create ads that cast your property in the best possible light to attract quality tenants. Their services often include taking professional photos to showcase the property and carefully crafting descriptions to boost the appeal of your rental.

2. Local Laws & Regulations

Managers will be up-to-date on your area’s landlord and tenant laws, as well as building ordinances, so your location is always compliant. When issues arise, or updates to regulations require changes to your property, they’ll know how to handle tasks efficiently.

3. Property Maintenance

The inside and outside of the property are handled by your management company. Their responsibilities include snow and leaf removal, general landscaping, pool cleaning, and parking lot maintenance.

They are also in charge of repairs for appliances, door locks, and keeping common areas clean. If an upgrade or remodel is required, they will make recommendations to expedite the process.

4. Tenant Management

Property management companies are prepared to handle every facet of working with tenants. They will find reliable renters and perform screenings of applicants. Managers will also schedule showings for available units and perform walkthroughs when the tenancy is finished. Management personnel is well-versed in legal proceedings to handle issues correctly, including security deposit returns and eviction procedures.

5. Rent Services

Hiring a manager ensures your rent amounts are consistent with the property you have and the area where it’s located. They will research surrounding neighborhoods and offer recommendations on upgrades that can contribute to charging higher rent.

They will also collect rents on your behalf and deposit them into your rental bank account. If an issue arises with a payment, such as lateness or partial payments, they will communicate directly with renters to solve the problem.

If you are looking for professional property management services, trust the team at APPRO Development, Inc. & CERRON Commercial Properties, LLC, in Lakeville, MN. This two-in-one company provides a full range of services, including designing and developing real estate, as well as buying, selling, and leasing commercial properties. They service Scott, Rice, Dakota, Hennepin, Ramsey, and Steele counties and are listed as one of the top 10 developers in the Twin City area. Call (952) 469-2171, or visit them online for more information.