1. It is cheap.  With tax write offs the investor gets close to a 50% discount.
  2. Decisions are made with current laws in mind.
  3. The investor's insurance company protects both the investor and the property manager for one price.  It does not cost extra to cover the property manager.
  4. Tenants get 24/7 access to repairs.
  5. All bills can get paid by the property manager, no rent collection, no bank deposits, no check writing, and no stamps!
  6. Many property manager's are starting to offer online access to statements and bills, so no need to maintain a filing system.  I do suggest downloading the statements to your computer so you have a backup.  But, you can go paperless!
  7. No missed showing appointments to rent property.  The property manager has to suffer through this.
  8. Better tenant selection from a professional.
  9. Access to cheaper and more reliable repair people.
  10. Someone to share your frustrations with a new friend.

www.HomePointe.com

 

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Post is included in group: Investors
Post is included in group: Posts to Localism
Post is included in group: Property Management
Post is included in group: Investing in Real Estate
Post is included in group: Realtors®

3 Comments on 10 Reasons Using Professional Property Management Pays for Investors

AUG
04
2008
386,527 Points 28 Featured Posts Localism Sponsor Outside Blog

Hi Robert: I have a client who is considering renting his vacant home in Land Park. He had a prospective tenant contact me, and let me say this young woman was trouble. She's on disability, has a bunch of medical problems -- a series of hard luck stories such as her home burned down with everything in it -- a kid who tears up the house and doesn't behave -- a mom who wants to live in her garage (the garage!?! it's a one-car, unfinished), a dad who lives in Canada and would be paying her rent . . . I told him to call you and to forget trying to rent it himself.

elizabeth weintraub sacramento land park real estate agent

9:44am • #1
Outside Blog

I have to say, I rarely get poor applicants....my application process and application fee set the stage for them knowing that I am going to check their credit as wall as past landlord references.

Most individual property owners do not have access to credit reporting services; much less the proper legal forms (even if they use ones from their "friendly" Realtor); and when they need landlord-tenant information, they go to the wrong attorney who NEVER tells them he/she has never handled a landlord-tenant case and who charge them $200/hour.

Property managers are worth it....

1:31pm • #3

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Robert Machado, CPM MPM Sacramento Area Property Manager and Property Management

Sacramento, CA

More about me…

HomePointe Property Management, CRMC

Address: 5896 South Land Park Drive, Sacramento, CA, 95822

Office Phone: (916) 429-1205 x 105

Cell Phone: (916) 531-5896

Email Me



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