Benefits of Full Service Property Management for New Landlords

Benefits of Full Service Property Management for New Landlords

Owning property can become a great source of additional income...or a massive source of stress. You'll need to market the listing, screen tenants, navigate new laws, and complete maintenance requests. That's all while running a business and maintaining your own household.

With help from a full-service property management company, you don't have to do it all alone! Instead, you can sit back, relax, and know that the best property manager is on the job.

Not convinced you need to request property management services? Read on to discover how they can benefit your rental property today!

Market Rentals

How are potential tenants finding your rental property? The more places you appear, the more likely you'll generate applications.

An experienced property management company can help you market your listing on multiple sites. They can also hire a professional photographer. High-quality images, videos, and virtual tours will help your listing stand out.

About 3.5 billion searches are completed using Google every single day. In fact, searches are the number one source of traffic to blogs across all industries. If your rental property listing appears on Google, you can generate more traffic.

Your property manager can use search engine optimization (SEO), paid advertising, and social media marketing to generate traffic to your listings. Their proven marketing strategies and resources can help you attract renters. Attracting renters quickly will help you avoid vacancies.

Screen Tenants

Over five million households in the US are behind on their rent. On average, renters owe $2,094. You don't want to choose a renter who won't pay on time.

Your property management team can screen tenants to ensure you choose reliable renters. They'll run background checks and credit reports. This process can become time-consuming, especially if you have multiple applicants.

Screening tenants ahead of time can help you find renters you can trust with your rental property.

Avoid Legal Issues

If you're not up-to-date with local landlord-tenant laws and fair housing laws, you could receive fines. Hire a property management company. They'll ensure compliance, allowing you to avoid lawsuits and legal fees.

They can also help with property damage cases, evictions, terminating leases, and other legal issues. They can even ensure lease enforcement. Their legal expertise can save you time, money, and stress.

Routine Maintenance

Maintaining your rental property can make it a more desirable place to live. It can also help you avoid more expensive renovations in the future.

Your property manager can schedule maintenance projects as needed. They'll fix minor issues before they become bigger problems. They'll choose reliable contractors and find competitive prices, allowing you to save money.

Trust Full-Service Property Management

You don't have to manage your rental property alone. Hiring a full-service property management company will save you time and money. They'll help you avoid headaches while ensuring you generate money from your property.

Don't hire the first property management company you find. Texas Prime Real Estate combines modern innovations and century-old work ethic to offer the best services.

Contact us today to discover how our real estate management services can help!