Veteran Owned & Operated!
According to Self Financial, about 44 million housing units in the US are currently occupied by renters.
If you've entered the real estate market, you need to have the right approach if you want to be successful. Managing rental properties isn't easy, so it can be a good idea to get professional assistance. A property management company can have a huge impact and may help guide you towards your investment goals.
Keep reading through this guide for a rundown of some key reasons to hire a property manager in Charlotte, NC.
Finding High-quality Tenants
Finding tenants is one thing, but finding quality tenants is another. A property manager can market your rental property effectively to help it gather more interest in the local market.
They'll do this using engaging descriptions and professional photographs. The more interest your property has, the easier it will be to find good tenants and make the income you're after.
They can then carry out thorough tenant screening on any potential applicants. They'll identify any potential red flags such as a history of:
- Unpaid rent
- Evictions
- Property damage
- Criminal activity
You can then narrow your list of applicants down the the most suitable tenants. These will be the ones who are less likely to cause issues for you in the future.
Keeping Your Properties in Good Condition
One of the most important duties that a property manager has is property maintenance. They can organize any maintenance or repair work with local contractors whenever it's needed.
It's common for property managers to create routine maintenance schedules to take care of regular tasks. These help prevent small issues from growing into much larger ones. They can also conduct routine inspections to look for signs of any potential problems.
Properties that are kept in good shape will hold their values much better. The tenants currently living in them will also be happier knowing that maintenance issues are handled quickly and effectively.
By improving tenant satisfaction in this way, lease renewals will be more likely. As such, you won't have to worry so much about having to fill vacant properties.
Legal Compliance
One issue that many landlords have a hard time dealing with is legal compliance. Real estate law is complex, and most investors don't have a thorough knowledge of the field.
Property managers, however, have a much better understanding of relevant laws. They can help ensure you don't do anything that could land you in legal trouble.
A local property manager is best for this reason. They'll be up-to-date with local rules and regulations which a property manager from another area may not be.
Professional Property Management in Charlotte, NC
Working with a property management company is one of the best ways to ensure your real estate investments are handled correctly. They can help you find the best tenants, make sure your properties are well looked after, and help you avoid any legal issues.
PMI Charlotte Metro is a full-service real estate asset management company serving clients throughout Charlotte and the surrounding communities. Our local team is experienced and qualified, and we're veteran-owned and operated. Take a look a our property management page for more information on our services.
