When Should a Landlord Hire a Property Management Company?

Most landlords take on the role of being a property manager by themselves or with the help of an employee. Overtime, when additional properties are purchased and things get busy, landlords need more help managing each property as well as their tenants. When this happens, a property management company can be a huge asset.

What Does a Property Management Company Do?

Property management companies deal directly with current and prospective tenants as well as deal with property maintenance.  This includes everything from collecting rent and handling maintenance and repair issues, to marketing the rental and pursuing evictions. At Lamacchia Property Management, we go above and beyond to ensure that your investment is in good hands and we will handle any issues that might come up.

When Should You Hire a Property Management Company?

Although a great investment, utilizing the services of a property management company isn’t beneficial to every landlord. If you’re trying to decide if hiring a property management company would be a smart move for you, consider the following:

  • Your rental properties are located far from where you live
  • You have several rental properties that you are currently managing
  • You’d rather leave tenant management and procurement to the professionals
  • You don’t have enough time to effectively manage every task
  • You’re inundated with management responsibilities

If any of the above describes you, it’s time to hire a property management company!

Tips for Finding a Reliable Property Management Company

If you’ve decided that hiring a property management company makes sense to you, the process of finding a reliable company can be overwhelming. Start by asking friends, colleagues, and the local apartment association for their recommendations. If you don’t receive any leads, reach out to local realtors, many will have a property management team.

To learn more about the property management services at Lamacchia Property Management, give us a call today at (855) 213-3410.  We will happily meet with you to discuss your options and set up a plan that makes sense for you!