Investing in real estate can be lucrative. With that said, success in the industry is not always guaranteed.
It’s important to have professionals such as a:
- property manager,
- general contractor,
- property and casualty insurance agent,
- real estate appraiser,
- property inspector,
- real estate agent,
- real estate lawyer,
Aside from having these professionals, there are certain services that are paramount to the success of your rental business. Below are 5 popular property management service providers to help you achieve that goal.
5 Popular Property Management Service Providers
America is a nation of pet lovers. In 1988, the percentage of U.S. households with pets was 56%, according to the survey conducted by the American Pet Products Association (APPA). Today, that figure stands at 68%. This means that over 85 million families in the U.S. own a pet.
What does this mean to a property manager or landlord?
It means that a bigger proportion of the tenant pool owns at least one pet.
If you allow pets into your rental property, then you should integrate pet screening into your overall screening process.
PetScreening can help you with that. They provide their services to landlords, property managers, and housing providers to manage the pet screening process.
Furnace filtering is an important component of an HVAC system. Energy Star recommends checking your HVAC filter every month, especially during the winter and summer when they are used more frequently.
Air filters trap particles and contaminants. If they are left unaddressed, they can affect air quality, which can have negative effects on health and comfort. These particles and contaminants include:
- Dirt and dust
- Mold and mold spores
- Lint and other fibers
- Animal fur and hair
- Microorganisms and bacteria
The following are some important benefits of replacing your property’s air filters:
- Less dust means a cleaner home.
- Clean air filters reduce your maintenance costs. Without routine air filter replacement, dust circulating through your rental home can make other things malfunction.
- A clean air filter can improve the lifespan of your system. A clean air filter can guarantee that your system won’t have to work harder to heat and cool the home.
FilterEasy offers a fully customizable subscription service that sends new filters to the rental home on a fixed schedule. This helps completely automate the replacing of filters and puts the responsibility onto the tenants and not the property managers.
Are you spending countless hours managing your property?
If so, Tenant Turner can help.
Their software can help you with rental property showings, scheduling appointments, tenant screening, and phone calls.
By using their software, you’ll be able to translate the saved time and money into more productive work.
4. Lead Simple
Most property management companies are looking to grow their portfolio. To do so, they need to effectively market and advertise their services to rental owners.
One of the most important factors for growing their company is the ability to properly track and follow up with potential owners (leads). Lead Simple makes this easy. It is the most popular CRM system in the industry.
As a landlord or property manager, protecting your rental property is a crucial part of your business’ success.
Latchel will provide your tenant with a dedicated line, which tenants can use to call them in case of emergencies.
Once they receive the call, they will gather information about the emergency. Next, they will troubleshoot with your tenant over the phone. This helps minimize the unnecessary dispatching of a contractor. Once they confirm the issue, they then dispatch a contractor.
There you have it. Five popular property management service providers that every landlord or property manager should know about and use.
Aaron DiCaprio is an attorney, residential investor and CEO of Rent Rescue. Rent Rescue provides rent default insurance that reimburses owners a portion of their lost rent and legal expenses when a tenant defaults on their lease. Aaron can be reached at firstname.lastname@example.org.