When an individual first dips their toes into the world of investment properties, they tend to start close to home and with good reason. But as a landlord acquires new properties, branching out of the area and into new ones can bring new opportunities. For some, it’s a chance to purchase a property in an area that would like to live in the future and for others, it’s a wider pool of rental properties to pick from. Either way, the idea of investing in an out-of-town rental property can seem daunting and bring its own set of challenges but with the help of a property management company, you won’t have to worry about property maintenance or your tenants!
Wondering how it all works? Here’s a look at some of the ways our team can help you!
Finding Qualified Tenants & Filling Vacancies
Finding qualified tenants, screening them, and filling vacancies is difficult enough as it is, but living out of state poses its own set of difficulties with these tasks. At Lamacchia Property Management, our team has systems in place that help us not only find quality tenants but also screen them in a timely manner. This helps reduce the high cost of having a vacant rental property while also ensuring the tenants that are living in your rental property are reliable.
Handle Rent Collection
The best part about having a rental property? The income! To eliminate all of the worries about not receiving monthly rent from your tenants on time, our team offers rent collection services. Not only are we making it easier for you to get paid, but we’re also making it easier for your tenants to pay their rent on time.
Maintenance, Services, and Repairs
Whether it’s a 2 AM phone call informing you that a pipe in your rental property has burst or the regular maintenance a yard requires, there are numerous inconvenient responsibilities a landlord needs to be able to handle. When living out of state, finding someone you trust to make these repairs can be difficult. With a property manager, they’ll be able to not only handle any emergency calls but also worry about the repairs and outsourcing any maintenance work that needs to be done.
Through routine inspections, you are able to keep your tenants safe and reduce costly repairs. Keeping up with routine inspections can help eliminate costly repairs and also shows the tenants that you care about the property. Even if you are not in town, our team will perform these routine inspections for you, giving you one less thing to worry about.
To learn more about how Lamacchia Property Management helps landlords that live out of town, give us a cacll today at (855) 213-3410.