If you’re looking for ways to maximize profit as well as maintain and increase the value of your investment properties, then you need to hire a property manager. Here’s a few reasons why:
You make more money
Because of the cost involved – which is minimal – most property managers are afraid to hire a property management company. What they do not realize is that they will make more money long-term from increased care of the property. Property managers try to find the best tenants that will stay longer, create less damage and repairs so that your rental property stays in great shape.
You save more time
Answer this question: How much time does it take to be your own landlord? And, could you make better use of that time?
Tracking rent payments, collecting late fees, dealing with complaints and repairs, prepping the property for new tenants, finding vendors, and dealing with bad tenants is a full-time job. It can also become a major source of stress! Handing these responsibilities off to a good property manager can allow you to benefit from your investment without losing your mind and affecting your health.
You get better tenants
Zing RPM knows exactly how to find the best tenants because of our screening process. We have a bigger pool of applicants to choose from because of our marketing and advertising programs. We already have a waiting list of potential tenants which means we can rent your home faster with quality tenants.
We know the law
When it comes to being a landlord, how much do you know about the laws that apply to property management? One big advantage of hiring us is that we understand these laws and how to avoid legal issues. We have a full understanding of all the state and federal laws when it comes to discrimination in screening and selecting tenants, which helps avoid breaking discrimination laws. In the event that an eviction becomes necessary, Zing RPM knows how to handle it in a way that will save time and money while staying within the boundaries of the law.
We’re your buffer
We act as your buffer between you and your tenant which allows you to keep a professional distance from your tenant. Most landlords get too personally involved with their tenants which can result in being too lenient on certain issues or too defensive about certain types of complaints. Renting out a property should be handled as a business and kept on a strictly professional level. When issues arise, a professional property manager is better prepared to deal with the problem effectively.