Monthly Archives: April 2017

How to Get and Keep Good Tenants Through Orlando Property Management Firm

Being a property owner is, at times, challenging. Finding quality tenants in Orlando, and keeping them happy, requires hard work and resources that not every landlord has the time or skills for. However, a good property management company can help. If you’re a landlord looking for quality tenants, here are a few ways how to get and keep good tenants through Orlando Property Management Firm.

Finding the Right Tenant

It’s not always easy finding the right tenant It can be time-consuming, even stressful when you consider everything involved. A good property management company can help the tasks involved in finding the right tenant, such as these:

Advertising – Knowing how to advertise your rental property is key to attracting the best prospects. A property management company will take the headache out of advertising and do it for you.

Take the Calls – Once an ad has been placed, you will need to be available to field phone calls. Hiring a property management firm will take the calls for you.

Showing the Property – Every interested prospect will want to see the property. As the landlord you will need to be on-call to show the property at various times of the day or evening. Being unavailable will cause you to lose quality prospects. A property management firm will show the property for you.

Screening Applicants – Finding quality tenants often requires an application screening. You will want to run a background check and verify income, among other things. Orlando Property Management Firm runs a thorough application on each and every prospective tenant.

Keeping the Tenant

Once a good tenant is found, it is imperative that they are happy with their new home. Tenants leave when they feel that their needs aren’t being met, pushing the landlord back to square one. Here’s how a property management can help keep your tenants happy and willing to stay:

Resolve Issues – One of the biggest reasons tenants become unhappy is because they feel their issues are not being resolved by the landlord. A property management company resolves issues such as repairs, painting, or cleaning, which keeps tenants happy.

Maintenance Services – Offering tenants full service repair and maintenance will keep your property in good condition. Good-looking, well-kept property attracts quality tenants when they know that repairs will be handled quickly rather than waiting for the landlord to find time for repairs.

Being a property owner takes time and patience. Landlords often struggle to get and keep good tenants and losing tenants and starting over with new ones is timely and costly. If you’re a landlord who struggles to get tenants and finds it hard to keep them, Orlando Property Management Firm can help.

Benefits of Hiring Commercial Property Management Houston Company

Managing your commercial property can be a huge headache. Whether you’re fielding calls 24/7 or showing the property, a lot of your time is going just in the general management of the property, forget trying to collect rent from those not-so-great tenants.

Commercial property management companies were created to make your life easier. All you have to do is sign over the management of the property to these companies and instantly your headache is gone.

How you determine if you need a commercial property management company is up to you. Most people determine to use one when they meet one of several circumstances. How far do they live away from the property? Are they feeling overwhelmed? Do they want to deal with maintenance and repairs? Are they able and willing to confront tenants in order to collect late payments and in the worst cases evict them if necessary? Do you understand what rights you have as a landlord and your clients have as tenants? Is managing this property the best financial use of your time? If you meet one or several of these circumstances, you may want to seriously consider hiring a commercial property management company.

The company will charge a percentage of your lease money coming in monthly, but the charge is really the last thing you should consider when hiring a company. You should look into their history. Do your research. Find out who is currently using them and see how they like their services. Find out who has used them in the past and why they left. There is no greater gauge to check the stability of a company than word-of-mouth referrals.

Once you have determined your need and decided which company to go with, all that is left is to sign the paperwork and hand over the responsibilities. While at first it may seem a bit expensive to hand over the day-to-day to a firm to manage for you, the benefits of hiring commercial property management Houston Company far outweigh any expenses you may incur during the process.

You will feel like all of your stress and headaches surrounding the property will instantly disappear. You will start to wonder why you hadn’t done this sooner. If you’re a multi-property owner, you’ll be more than willing to sign up every property you own with a property management company. All day-to-day operations will be totally off your radar, and you should only be involved in major decisions regarding the property.

Commercial investment properties are a great source of income and tax breaks for your personal life or for your business. Sure it will cost you some money to hire a commercial property management company to handle everything for you, but why not free up your time and energy in order to invest it elsewhere? Having someone else handle the mundane and sometimes difficult tasks of commercial property management is the way to go.