Fewer than half of all landlords in the US manage their own properties. The rest rely on full-service property management companies. Property managers can provide owner statements, peace of mind, and more.
Not convinced you need help from a Dothan, Alabama property manager? Read on to discover how they can benefit your real estate efforts!
Find Reliable Renters
How many of your stunning Dothan investment properties are sitting vacant? The longer they remain empty, the more likely you'll need landlord rescue services. These vacant units can drain thousands of dollars from your account every month.
You may struggle to compete with other landlords searching for Dothan renters. The rental vacancy rate in the US is already over 6%. Rely on a property manager.
Their marketing services will help you attract local renters. They can create a thorough marketing strategy that includes:
- Listing optimization
- Professional photography
- Staging services
- Search engine optimization
- Paid advertising
- Social media marketing
Their tenant screening services will confirm you've found reliable renters. You can feel confident choosing renters who will pay on time and respect your property.
Streamline Rent Collection
Collecting rent by going door to door can become stressful and time-consuming. If you have multiple tenants, this isn't efficient. Your property manager can streamline this process.
Choose a full-service property management company that uses state-of-the-art technology. They can accept rent payments online. They'll enforce late fees on your behalf, saving you from the hassle.
Keep Up With Maintenance
Maintaining your beautiful investment property can save you from future expenses. A stunning, well-kept property is more likely to attract eager renters. However, keeping up with inspections can become time-consuming.
Your property manager will schedule routine maintenance to keep up with repairs. They'll hire reliable vendors at competitive prices to save you money.
Review Owner Statements
As a real estate investor, you need to keep accurate records of financial activities relevant to your properties. Owner statements summarize each property's:
- Income
- Expenses
- Net cash flow
These statements help you assess the rental property's financial health. Your property manager can provide these reports. They can send monthly statements and annual reports.
You can use your owner statements for tax purposes or to provide information to lenders. Relying on a property manager will ensure:
- Transparency
- Professionalism
- Clear and concise information
- Timely delivery
- Accuracy
Meanwhile, you'll have one less task on your plate.
Save Time and Money
Relying on different types of services from one company will save you time and money. You won't have to assess different professionals when you need help. Instead, your property manager can handle everything for you.
Hiring a property manager will give you peace of mind. You'll know your properties are in the best possible hands.
Choose Full-Service Property Management
You don't have to continue managing your Dothan properties alone. Instead, hire a full-service property management company. They'll cover owner statements, rent collection, and tenant screening for you.
Leveraging their experience and expertise can save you time, money, and stress. Rely on our team at PMI Wiregrass.
We have 20 years of experience helping owners like you maximize their profitability. Depend on our state-of-the-art technology and award-winning services. Contact us for help with your Dothan properties!
