Why Should Landlords Be Involved With Their Rental Properties?

A lot of people buy rental properties and just turn them over to a property management company to handle everything. It's a common way to invest, but being an involved landlord can be a great choice that provides you increased security and peace of mind for your biggest assets. Keep reading to learn a few reasons why landlords should be involved in their rental properties.

More Control Over the Process

When you have a property management company you don't have as much control over how your property is rented, the way tenants are screened, or whether maintenance is done right. You also need to agree to the rules and regulations the management company contract includes.

Choose the Tenants You Like

Finding the right tenants for your rental properties isn't always easy, but it can be very rewarding. It can also help you feel more confident when you know you have good people renting from you. There are screening options you can use to find out about credit and criminal history and to look up evictions, so you know you're choosing someone who is likely to pay their rent on time and not cause a problem.

Save Money on Maintenance Costs

When you have a company managing your rentals they typically have a full-time maintenance staff. That's not free, and it can drive up the cost of simple maintenance and upkeep, which you'll be billed for. If you want to save money and pay less in maintenance you can do it yourself or hire a contractor on your own to take care of any problems.

Set the Rent Amount You Want

It's important to be in line with the market in order to rent your property efficiently, but when you're involved with your rental property you don't have to agree to a management company's rent amount. You can set the rent to anything you want it to be, giving you options to negotiate or make changes if you want to.

Staying involved with your rental properties gives you the control you need over a serious and important process, so you can be more comfortable as a landlord. It's well worth the small amount of extra work required.

As real estate investors ourselves, we understand the rental property owner and investor mindset and offer a select set of services unlike other property management companies.

The combination of these elements sets us apart and creates a unique opportunity for rental property owners and investors. Contact us today to learn more!