Posted by on May 23, 2014

Last week, Investors Beat, put out an article about the benefits of 3rd party property management and why it can be an asset to even a property owner with 1 house.

Investors Beat addresses risk-mitigation as the number one benefit of hiring a property manager. “Truthfully, reducing your liability is the best way to maximize your revenue because when it comes to landlord-tenant relationships, poorly-handled legislative conflicts and property damages are the biggest expenses and can easily drive property owners into bankruptcy.”

The top 3 reasons addressed are:

1. Day-to-day tasks

  • Finding a tenant.
  • How and where to advertise a rental property.
  • How to optimize an open house or showing.
  • Screening the tenant.
  • How to get credit reports and background checks on a potential tenant.
  • How to verify current and past residency.
  • Signing the lease.
  • How to draft a legal lease that will hold in court.

2. Staying informed about legislation changes

3. Emergency responses

To read more, check out Why you should consider hiring a property manager at Investors Beat

http://www.investorsbeat.com/why-you-should-consider-hiring-a-property-manager/