Reasons to Hire a Property Management Company

If you have a rental property, one of the things you will likely need to determine is whether or not you want to manage the property on your own or if you want to outsource this task to a property management company. The latter is usually an option that works best for most people unless they want to manage their property full time. These are just some of the benefits and reasons to hire a property management company.

  • They can find better tenants. Property management companies have a lot of different resources available to them including their tenant vetting process. In most cases, they tend to find better tenants because they are so thorough with their application process than you could be with interviewing someone or having them submit an application.
  • You can sleep through the night. If there is a maintenance issue at your rental, you can bet that your tenants will call about it and it does not matter when it happens. You may even get a call in the middle of the night. If you have a property manager, these calls go to their office instead so you can continue to sleep through the night while they deal with it.
  • They can help you with avoiding any legal issues. No one ever wants to have to deal with legal issues surrounding their rental property but they do happen, especially if you do not know landlord-tenant laws. Your property manager will know all about these laws and will make sure that they are compliant. If you do have to deal with an eviction, you should still be able to get help from the property management group.
  • You do not have to stay in the area. If you want to move away from the area your rental property is located in, you can do that as long as you have a property manager. They can keep an eye on the property for you and you have the freedom to move wherever you wish as a result. You can also rest assured that your property will be checked on frequently, even if the property is vacant and you are looking for a new tenant to move in. This is something you no longer have to worry about since they can be your eyes.

If you are interested in learning more about your options, be sure to reach out to AZ Residential Management. They offer great service as well as personal attention so you and your property are not just another number.

Follow these tips to find a reliable and professional property management company

3 Tips for Choosing the Right Property Management Company

Like many people who own rental property, you have likely been looking into property management. It can be a hassle to manage a property on your own, especially if you have another job that takes up the majority of your time. However, you do not want to make a hasty decision when choosing a property management company because you want to make sure you get the right fit. Not all property management companies are created equally. To find a great one, use these three tips.

1) How long have they been in business?
You need a property management company that has experience, not some fly-by-night operation. It’s not easy management investment properties and there can be a steep learning curve. You need to find a company that has been a round for a while and has a track record of success.

2) Personal Attention
Having a good relationship with your property management company is a big plus. You need someone who cares and is willing to go the extra mile to help you out. An established company with years of experience will have plans and strategies in place to make sure your property is taken care of and everything gets done.

3) Are They Reliable
Rather than just having a friend or maybe your real estate agent manage your property, you’ll be better off working with a larger organization. After all, if your friend is managing it for you, what happens when they go on vacation or get sick? You’ll be stuck holding the bag for things like repairs, maintenance or phone calls. However an established company has employees and backup plans so you never have to worry about who’s taking care of your property.

Every property management company is different but some do stand out as better than others. If you are looking for quality property management, look no further than AZ Residential Management. They provide personal attention to each owner and great service to all that they serve. Contact them today to learn more about how they manage properties and how they can help you.