According to PayScale.com, Dothan, AL, has a cost of living 12% lower than the national average. Here, housing, utilities, transportation, and groceries cost much less.
Such affordability is one of Dothan's strongest suits, making it attractive to renters. So, if you're about to become a landlord here, you've made a savvy financial decision.
However, juggling your personal life and career with your landlord and property management responsibilities can be time-consuming and taxing. Luckily, you don't have to be in it alone. With a dedicated proper manager, you can earn like a landlord without the stress and hard work of the job.
Join us here at PMI Wiregrass as we dive into why you should hire a property manager.
Keep Your Property Legally Compliant
Property management services Dothan landlords like you can rely on can help ensure your rental complies with local, state, and federal housing laws. For example, in Dothan, AL, the city government enforces short-term rental regulations (Ordinances 2022-267 and 2022-268). Non-compliance can result in hefty penalties and interest for STR operators.
Several state and federal rental-related laws also apply, such as:
- Fair Housing Act
- Fair Credit Reporting Act
- Alabama Uniform Residential Landlord and Tenant Act
Unless you know all those laws by heart, you're at risk of breaking them and being in legal jeopardy. Since you don't want that, consider partnering with one of the most reliable Dothan AL property managers. As rental property experts, they understand these regulations in-depth and will help keep your properties legally compliant.
Find Quality Tenants for Keeps
Another of the top benefits of property management in Dothan, AL, is that it includes comprehensive tenant screening. Your property manager will implement a fair background check on each applicant's:
- Credit score and credit report
- Income and employment
- Rental and eviction history
- Criminal background
By performing all those steps, your manager can help you find quality tenants most likely to afford to pay rent on time. Comprehensive background checks also allow your manager to identify red flags (e.g., multiple evictions, which could indicate chronic non-payment or terrible behavior).
Peace of Mind With Multiple Guarantees
A full-service provider of real estate management in Dothan provides many warranties showcasing their confidence in their high-quality services. For instance, here at PMI Wiregrass, some of our residential guarantees cover the following:
- Finding and placing quality tenants
- Pets in the rental
- Happiness/customer satisfaction
- On-time deposits
We also offer eviction protection plans. If we must evict a tenant we've screened and placed in your Dothan property, we'll cover up to $2,000 of your eviction-related expenses. We'll even handle the entire process on your behalf, from sending the proper notice to filing the case and retrieving your property.
Invest in PMI Wiregrass's Property Management Solutions Today
At PMI Wiregrass, our property management experts are ready to help maximize your income by marketing your property, placing quality tenants, enforcing the lease, collecting rent, and overseeing property maintenance. We'll also help you take care of any evictions. Through our full-service solutions and expert guidance, all that's left for you to do is wait for your income to roll in.
Plus, we have the backing of PMI, a larger national franchise company that manages over $5 billion in assets and offers its franchisees over 20 years of industry expertise.
Reach out today and get a free Dothan rental analysis!
