Are you a landlord having trouble managing your personal life, career, and rental properties in Suwanee, GA? Do you simply want to earn rental income in the most passive way possible?
If so, it's time for you to consider working with property management professionals. With a full-service property manager, you can free up more time while earning income from your rentals with little effort.
Here's why you should partner with highly experienced property managers.
Market Your Property
A property manager will spread the news about your rentals through effective marketing strategies. They'll take professional photographs of your properties and create attention-grabbing listings for them. They'll highlight the best features of your rentals and list them on various rental real estate property platforms.
You can also rely on your property manager to communicate with prospective tenants. They'll respond to inquiries and facilitate viewings or showings.
Screen Tenants Thoroughly
One of the last things you want is a tenant who could endanger your property, other renters, and the community. Such can happen if you don't screen applicants thoroughly, and the ones you choose are among the 77 million people in the U.S. with a criminal record. While many of these records are for minor crimes, others are for more grave cases, such as violence.
That's why you should use comprehensive screening processes when finding tenants. The good news is that a reputable rental property management company can screen tenants for you. They'll conduct a criminal background check on each tenant, as well as:
- Employment or income verification
- Rental and eviction history check
- Credit score and history review
All those steps are crucial to finding qualified tenants with good moral character who you can trust to pay rent in full and on time.
Assist With Tenant Retention
A highly experienced property manager aims to maximize rental income by improving tenant satisfaction. After all, when tenants are happy and satisfied, they're more likely to stay and renew their lease. That helps cut losses associated with losing and replacing tenants.
Your manager can help with tenant retention through the following property management strategies:
- Accepting renters with pets
- Creating tenant incentive programs
- Promptly responding to tenant concerns, inquiries, and problems
- Inspecting, maintaining, and repairing your properties to keep them safe and habitable for your tenants
Remember: Replacing a tenant who leaves can cost landlords nearly $4,000. It can also take over 17 months for landlords to recover from those expenses.
All those should be good enough reasons to consider hiring a property manager who can help you find and keep the best tenants.
Property Management Made Simple
Property management experts can help market your properties and find you qualified renters. Then, once they've moved your new renters in, they'll do their best to keep those tenants happy to stay in the long run.
The professional property managers at PMI Atlanta City can help you with all that and more. We're a member of PMI, a national property management company with over 20 years of experience and manages at least $5 billion in assets. We specialize in managing rental properties throughout Suwanee, GA, so rest assured you can count on our local expertise.
Call us today to learn more about what we can do for your properties! We'll happily share expert insights and even a free rental analysis.
