If you have been thinking of turning the management responsibilities of your rental property or properties over to the pros, you are not alone. Every year, thousands of landlords make the switch and never look back. We understand this is a big decision to make, so that is why we have compiled a list of some frequently asked questions to help you make a confident decision regarding the management of your income properties.
Will It Decrease my Income?
Many people wrongly assume that by hiring a professional property management company they will be forfeiting their income from the rent. This is not the case, and bringing in a professional company can actually INCREASE the money you are making by implementing various improvements that will allow you to increase rent, keep residents for longer periods, and decrease turnaround periods. In the long run, all of this will benefit YOU financially.
Will I Still Be Responsible for Repairs?
When it comes to professional property management, Bakersfield landlords love that they no longer have to be on-call 24 hours daily. These professional companies will take care of any and all maintenance issues, whether they are at two in the afternoon or three in the morning. On top of that, tenants will feel much more secure renting your property, knowing they will never be left high and dry with serious maintenance emergencies.
Is Marketing Included?
Yes! Most management companies will handle everything from putting together a marketing strategy for you to handling the accounting work. When everything is taken care of by one company that has taken the time to understand your property and goals, you can truly feel confident about the future of your income property or properties. It is just one of the many ways landlords like you are making strides to improve the housing market in the Bakersfield area.
Here, you can get details about Real Property Management – a professional firm with a knowledgeable and experienced staff that can help you get the most out of your income property. With over 25 years of experience, there is no better choice.