Because of the incredibly low crime rate and close proximity to nearby cities, Pleasanton, CA is a popular place to live. There are many people looking for housing, and if you own a spare property, you could be their landlord.
Being a landlord isn't easy, however. Lease enforcement can be a pain, and you have so many other responsibilities to consider.
Let's talk about how hiring a property management company can help. Read on to learn more.
Managing Multiple Properties
When you use a property management company to help you with lease enforcement, it's far easier to own and manage multiple properties at once (or one property with multiple units).
Owning a single unit with one tenant (or set of tenants) is manageable for most people. You only have one lease to keep track of, so things like lease renewals and rent collection are easy.
When you have more units, more tenants, and more leases, things get complicated. You have so much more to manage and remember!
A property management company can help you out with that. They'll keep track of everyone's lease so you don't have to.
Less Conflict With Tenants
Are you someone who is easily stressed out by conflict? That's okay! That doesn't mean that you can't be a successful landlord with happy tenants.
Conflicts tend to come about when someone isn't following the terms of their lease. When that happens, it's your responsibility to step in (especially if the issue is impacting other tenants).
When you have a property management company helping you out, they can take care of it so you don't have to deal with the conflict. They have plenty of experience with handling sensitive issues in tactful ways.
Firm Understanding of Rental Laws
Being a landlord requires an understanding of legal contracts (like your lease agreement with your tenants) as well as fair housing laws. It can be tough to remember everything when you're working on your own. In the event of a problem, you may find yourself in legal hot water.
A property management company can look at your lease to ensure that everything is "by the book." If a tenant has to dispute something, they'll be able to identify whether or not the tenant is in the right (and if they're unsure, they can be in touch with a legal professional).
Freeing Up Your Time
At the end of the day, the best reason to hire a property management company is to free up your time. Lease enforcement may not seem like a time-consuming task, but when you're also taking care of all of the other responsibilities associated with being a landlord, time just slips away.
Let your property manager deal with the "behind the scenes" work.
Do You Need a Property Manager for Lease Enforcement?
You already have so many things to take care of. With these benefits in mind, why wouldn't you want to hire a property management company to help you out with lease enforcement (among other things)?
You deserve some help, and Advantage Property Management wants to offer it to you! Learn more about our services and reach out so we can start working together today.
