Could Your Investment Use the Services of a Property Manager?
As a landlord, you want to provide a comfortable and safe environment for your tenants to enjoy. Keeping up on regular inspections is a crucial element of good management, and this helps to remove any potential risks and health hazards that could cause injury or harm. If any areas of concern are left unchecked and a tenant is injured on your property as a result, you could be facing a lengthy and expensive legal dispute. Property management companies are useful to busy investors who easily lose track of due inspections or do not have the time to evaluate their properties thoroughly. Instead of having to postpone inspections and needed repairs, your trained and attentive agent will complete inspections on your behalf and document any flaws accordingly.
Protect Your Investment
Move-in, move-out, and routine “safe and clean” inspections are commonly overseen by a property manager. Charlotte management firms employ dedicated agents who work to ensure their clients’ properties are in peak condition at all times. Typically, regular safe and clean inspections are completed every 3-6 months. However, for an investor who owns multiple properties, has another occupation, or lives in another state, following a fixed schedule may present a challenge. Still, taking preventative action by quickly addressing small fixes before they erupt into a much larger problem is an excellent way to safeguard your tenants and finances. Even if you are traveling out-of-state or out of the country, your property manager will keep you informed by providing inspection reports and intelligent suggestions.
Meeting housing codes is an important facet of successful landlording, and performing scheduled inspections is a good way to be sure that you are fulfilling your responsibilities. Situations, such as a leaky roof, unsafe stairs, or sparking electrical outlets, can very easily lead to damage, accidents, and injuries. However, routine inspections also shed light on damages a tenant may have caused and neglected to inform your agent of, such as a broken window, stained carpet, or alterations you did not approve of. A property manager will know what steps to take to rectify the issue and ensure that you are compensated for the damages to your unit.
Real Property Management aims to provide services and solutions to property owners who require professional support. For more information on their organization, visit us @ Charlotte.realpropertymgt.com.