Property management is the management of personal property, equipment, tooling and physical capital assets that are acquired and used to build, repair and maintain.

1. Why Property
Management
is Important?

2. Owning and renting properties can be rather stressful on
people. The constant watching over and answering tenants
needs, the worrying about and dealing with bad tenants, and
overall care for the property.

3. Benefit of Property
Management
The main benefit of property management to owners of
houses for rent and other real estate properties is the
preservation of their properties.

4. The Role of a Property Manager
Property management is a process that aims to safeguard the
interests of both landlords and tenants by fulfilling the basic
responsibilities:

5. Screening Tenant Applications
The screening process includes a complete credit check,
search for prior eviction, tenant history, employment
verification and bad check search.

6. Collecting Rents
One of the primary duties of a
property manager involves the
timely collection of rents and
bookkeeping services like
payment of bills and mortgage
payments if requested.

7. Taking care of the regular maintenance and
repairs of the property
Once you accept paying tenants, you are expected to
resolve maintenance issues promptly.
There are building repairs that must be addressed
immediately like carpentry, roofing, painting, electrical and
plumbing works.

8. Acting as liaison between owner and tenant
You need a property manager to represent you in resolving
issues with your tenants.

9. Providing security to
the property
The property manager is also
responsible in securing the
premises of the property from
thefts, fires, illegal intrusions
and other man-made hazards
that can endanger the property
whether occupied or vacant.

10. For Hiring Trusted
Property
Management
Companies Visit
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