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
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