If you’re renting out a single apartment, chances are you can manage its rent collection, repairs, and maintenance on your own.
However, for landlords without a lot of experience or property owners with an expansive portfolio, a good property management company in Orange County is a valuable resource.
These are some of the signs that hiring property management services in Orange County is a sensible move for you:
1. Your Rental Property Isn’t Close to Where You Live
Many people buy rental properties that are close to their residence. This makes them easier to manage. It takes away some of the stress that comes with being a landlord.
If your rental property is in a different town, city, or even in a different state, bringing on a a full-service property management company is essential. This will ensure that rent collection, repairs, and maintenances are done smoothly and on time.
2. You Have Multiple Rental Properties
If you’ve been steadily increasing your rental properties or units, it means you’re succeeding at your job, but it also means your responsibilities will increase.
Having a lot of tenants means having a lot of requests and maintenance issues to take care of. You can only do so much on your own without experiencing burnout. Find a professional property manager and make things easier for yourself.
3. You Aren’t Interested in Management
Some property owners genuinely enjoy looking after their rental properties and tenants themselves. Others prefer delegating the day-to-day tasks to someone else.
If you aren’t cut out for managing the daily affairs of a rental property, a property management company can take care of them for you.
4. You Have Time Constraints
Many property owners get into this industry while already having full-time careers and day jobs. If that’s true for you, you simply may not have enough time to manage a rental property in addition to your other professional responsibilities.
However, time constraints shouldn’t deter you. Buy a rental property, and let professional rental management services oversee all aspects of managing it.
5. You Don’t Want to Hire Employees
Many landlords are also employers, as they hire a resident manager and support staff to provide their tenants with round-the-clock convenience. Hiring employees brings with it several legal considerations and additional tasks such as payroll management.
Ultimately, if you hire employees to avoid managing a property yourself, you’ll still be managing a team, and your duties won’t be decreased.
On the other hand, a property management company is an independent contractor, not your employee, so it will relieve you of the extra workload that comes with being an employer.
A full-service property management solution for your rental properties ensures your peace of mind, reduces your responsibilities, and frees up your valuable time that you can spend any way you like.
From marketing your property and screening tenants to handling rent collection, repairs, and maintenance, a full-service property management company has you covered every step of the way.
With over 20 years of experience, we’re the right choice for managing your property. Enjoy our property maintenance and compliance services by contacting us today.
