When it comes to investing in rental properties, some people choose to hire a property management company immediately in order to avoid the day-today-day responsibilities. Others choose to be a landlord, but often find that at some point in their career they need assistance with managing the rentals.
How do you – the landlord – know when you need to stop and ask for help?
Burdened by Maintenance Requests
When it comes to homes, some properties will be more problematic than others. If you find yourself burdened with maintenance requests and have to constantly stop what you are doing to avert the next disaster, then a property management company can provide you with much-needed relief.
Own Multiple Properties
Another problem that many landlords have is that their properties are increasing and therefore so are their tenants. The more tenants that you have, the more phone calls you will get, and the more checks you have to collect, etc. Simply taking these phone calls and addressing the continuous questions can take up a significant amount of time, which is where property managers can help.
Unable to Keep Up with Laws
Laws are ever changing and as an owner of rental properties, you are responsible for ensuring that you abide by all laws and building codes. Property managers can help you to ensure that your properties meet all codes and that your processes (leases, tenant agreements, etc.) meet rental laws.
At the end of the day, being an owner of rental properties can be a very rewarding career. If you want to free up some of your time and relieve some of your stress, then it may be time to hire a property management company.
If you are looking for a Birmingham, AL property manager that you can trust, then call on gkhouses.com. Call us today at 205.940.6363 to learn more about how we can help you manage your Birmingham rental homes.