Why Do You Need A Professional Property Manager?

LIABILITY REDUCTION
- Identify potential liabilities
- Understand landlord insurance needs
- Up to date knowledge of laws, codes, local ordinances
  - Fair Housing
  - Security Deposit Dispositions
  - Serviceman’s Relief Act
  - EPA regulations re Pre-1978 housing
  - Federal 1099 reporting
  - Minimum habitability standards
- Understand local enforcement
MINIMIZE TENANT SELECTION RISK
- High standards
- In depth screening
  - Current and previous landlords
  - Employer and income documentation
  - Credit score and credit history
- Strong lease agreements
- Eviction Protection Plan
PROPERTY PROTECTION
- Emergency maintenance on call 24/7
- Interior and exterior inspections
- Move-in Video inspection
- Move-out inspections and security deposit dispositions
- Know reputable, cost-effective quality maintenance professionals
MAXIMIZE INCOME
- Knowledge of current rental values
- Knowledge of rental market trends
- Charging tenants for tenant caused maintenance needs
- Strict rent collection policies
TENANT NEGOTIATION
- Handle difficult issues
- Enforce the terms of the lease