1. Increased efficiency in rent collection and other tenant services. Professional property managers are experienced in the collection and processing of rent and other funds, as well as handling tenant requests and maintenance.
2. Better tenant screening and selection. Property management companies have access to the best tenant screening resources and know what to look for in a good tenant.
3. Fewer legal headaches. Property managers are familiar with the relevant regulations and know when and how to follow them.
4. Improved property values. Professional management can maximize tenants’ satisfaction and thus property values.
5. Wider marketing reach and improved occupancy rates. Property managers typically have extensive marketing resources and can find new tenants faster than owners could.
6. Increased cash flow. Well-managed rental properties will have fewer vacancies and receive full rent when due. This helps boost the owner’s return on investment.
