Published May 8, 2019
Professional Property Management: A Partner in Rental Profitability
As a landlord to one or more rental properties, it’s important for you to hold onto those investments and get the most profitability from them as possible. Your answer may be to manage them yourself because who knows and cares about that property more than you?
That may be true to a certain extent, but then there are all the potential problems that come with this type of investment:
Tenant evictions can be difficult
Today’s low interest rates and competitive home prices mean more buyers are emerging from the rental market and vacating your properties.
When one of your rental properties is empty, you need to clean it, make repairs and paint, and post and screen new tenants quickly to not lose one or more months of rent.
It also can be difficult to know if the potential tenant pool interested in your property is a good fit.
That’s where the right property management company partner can make a significant difference in your rental profitability. Not only can they handle all of those issues to save you time, but these property management professionals also save you money by preparing new screened tenants so there’s no lost rent between tenants.
Watch the video below as Liz Jones of Jones Realty Group discusses how to maximize rental investments with the help of Alicia Poirier and the team at Access Asset Management.
