5 Reasons to Use a Property Management Company

Are you a hands-on landlord that would prefer to sit back when it comes to maintenance calls, expense management, and finding tenants to fill the property? A property management company will be able to free up your time, streamline your business, and take care of those pesky tasks you don’t want to spend another minute dealing with. Not sure if hiring a property management company is worth it? Here are some benefits.

Higher Quality Tenants

Let’s face it: there are a lot of people out there that will scam their way into living in your rental property. Don’t let them take advantage of you. A good property management company will read and analyze every application that comes through for any warning signs. This process will guarantee reliable tenants that not only pay on time, but rent longer, put less wear and tear on the unit, and generate fewer problems.

Lower Maintenance & Repair Costs

Maintenance problems can be a pain to deal with, no matter what time of the day they occur. By working with a property management company, you’ll no longer have to worry about those 2:00 AM calls that the sink won’t stop leaking. Instead, your property management team will deal with the maintenance issues through their network of licensed and insured contractors that have been thoroughly vetted and do good work, every time.

Increase the Value of Your Investment

Not only will your property management company be able to tackle preventative repairs within the property before they grow into costlier problems, but they’re also able to offer maintenance check-ins. This will allow our team to go in, make sure that everything is in working order, and give you valuable feedback and suggestions on ways you can increase the value of your investment through upgrades and modifications and how these will affect the amount you charge for rent.

Ensuring Rent is Paid on Time

Collecting rent on time every month from tenants is the key to receiving a consistent cash flow, and sometimes tenants take advantage of this. By utilizing a property management company, you’ll be able to put a buffer up between yourself and the tenant. The property management company will be the “bad guy” chasing down late rent, listen to excuses, and evict the tenant when necessary.

Decrease Tenant Turnover

A good property management company will answer your tenant’s questions, be there when they need them, and ensure rent is collected on time. But a great property management company will go above and beyond. With our extensive experience managing properties and assisting tenants, we are responsive, provide round the clock care, and take care of problems as soon as they arise. By putting the tenant first, we are able to ensure they are happy, making it less likely that they’ll look for a new place to live.

Here at Lamacchia Property Management, we take care of everything! To start the property management process, give us a call today at (855) 213-3410 or fill out the form on this page.