What can a property management company do for you and is it worth it?
Here is a VERY SHORT LIST of what property management companies can do:
- Determine what to repair and assist in carrying out the repair.
- Determine the rental rates to ensure the property is rented quickly.
- Help find correct rental rates. These help with the advertisement and financial responsibilities that relates to tenants.
- Handle rent collection and eviction of tenants. A good property management company ensures that evictions are based on a mutual agreement.
- Carry out frequent visits and inspections of the property to stay up to date on the state of the property.
