Have you ever had a really bad tenant?
Although rare, unfortunately, they are out there. Smoke-stained walls, damage to furniture, and an unpleasant smell of animal urine - it’s every landlord's worst nightmare. When you sign a rental agreement with a tenant, you trust them with your property.
Fortunately, a property management company can significantly reduce the chance that you’ll have to deal with the scenario we listed above. Additionally, if things do go wrong - a property management company will deal with it for you.
But that’s only one benefit; read on for four more compelling reasons to hire a property manager in Folsom, California.
1. Know Your Rights
Navigating the ins and outs of tenancy laws in Folsom, California, can be challenging. When you hire a property management company, they’ll explain exactly what you do need to know and won’t bore you with the things you don’t need to know.
Whether it’s allowing support animals, missed rent payments, or handling deposits, your agent will advise you on every aspect of tenancy law that’s relevant to your situation.
2. Be Time-Rich
There’s a common misconception that being a landlord is easy; any landlord or property manager will tell you otherwise. Managing rental properties is easy if you land the perfect, long-term tenant, but otherwise, it can be a logistical nightmare.
Once you find the best property management company in Folsom, you won’t have to deal with these complex logistics. You’ll have all the time in the world to take up new hobbies and spend your time as you wish.
3. Easier Communication With Tenants
An aspect of property management that many landlords love is communication. You can hire a service to communicate directly with your tenant for you.
No more complex conversations or miscommunications; we’ll handle all your communication for you. Of course, you’re free to take matters into your own hands at any time (but only if you want to).
4. Financial Gain
You may think that hiring a property management service is an unnecessary expense. In reality, it’ll probably save you money. When things go wrong in a tenancy, it’s expensive! From a simple missed rent payment to serving eviction notices, these processes are incredibly costly.
With a property management service, you get to cut these expensive corners, get the best advice, and ensure you don’t have to pay unnecessary costs.
Hire a Property Management Company Today
Now that you understand the benefits of hiring a property management company, you’ve got one decision to make. Which company will you choose?
At Residential Equity MGMT, we promise to deliver on everything we offer. We can manage your property, handle your tenancies, and provide legal support if necessary.
If you’re a landlord in California, why not contact us today to hear more about our management services?
