A competent property manager can add significant value to your investment, which is why many seasoned real estate investors will tell you that a good management company is worth their weight in gold. Here are a few ways that a good property manager earns their keep:
When it comes to maintenance, it doesn’t take long to see the benefits of mobile, technology driven, maintenance requests. This benefits the owner, tenant, property manager, and maintenance crew.
Collecting a monthly check for a rental property can be quite nice, especially when you are able to use the extra income for hobbies or other investments. It makes sense that improving your property will lead to higher rental rates, but making budget-conscious upgrades is a great way to experience an increase in rent charged without excessive spending.