There are nearly 20,000 real estate investors in Tacoma and the surrounding area.
If you count yourself among them, you're probably always looking for new ways to protect your investment property and boost its ROI. Looking after a rental property on your own is doable, but it's only going to get more and more stressful and time-consuming.
One of the ways you can be a better real estate investor is to hire a property management company to help you run your rentals. In today's post, we'll tell you what property managers do to help their clients. Keep reading and you'll see that the best path forward is always with a professional by your side.
Property Marketing
A property manager can market your vacant units on your behalf. Rental vacancies are a worst-case scenario for any landlord. If you don't have tenants, it's not that you aren't making money, but you're not even breaking even on your investment.
Property managers can write targeted listings with professional-quality photographs to attract renters. Using digital marketing expertise, they can implement a marketing campaign to put your ad in front of the right types of renters.
Tenant Screening
With a strong marketing approach, you'll get plenty of applicants for your rental, but you need to vet them. Tenant screening involves looking into applicants' personal and financial backgrounds to ensure they're right for your rental.
Property managers have tried and true tenant screening methods in place. In the end, you'll have an ideal tenant in your rental that can protect your property and keep money coming in, boosting ROI.
Property Maintenance
Getting good tenants is just the first step. Once they're in your rentals, you need to do everything you can to ensure your tenants are happy. Many times, the landlord-tenant relationship hinges on property maintenance.
A property manager can handle all aspects of routine property maintenance, ensuring your units are in great shape. They'll respond to tenant maintenance requests as well so that tenant happiness and retention remain high and vacancy rates fall.
Eviction Protection
If you do have to evict a tenant, property managers offer eviction protection services. These ensure that a property owner doesn't lose money hand-over-foot dealing with the eviction process. Evictions can be stressful, time-consuming, and financially draining in many cases.
The property manager will deal with the eviction on your behalf. They'll cover your legal costs up to a certain amount and ensure that you don't have poor tenants in the future.
Protect Your Investment Property With SJC Management Group
These are just a few of the many services that a quality property manager will offer. Owning just one investment property is a lot of hard work. When you accumulate more investments or live out of state, property management is a necessity.
To get the top property management services in Puyallup, SJC Management Group is the answer. We offer all of the services discussed here and then some, so contact us today and let us protect your investment and keep rental income coming in.
