Blog Post

Top 5 Ways Property Managers Make Your Life Easier

Dustin Edwards • Jan 11, 2024

It's not uncommon for people first getting into real estate to underestimate the work of being a landlord. There are many responsibilities when it comes to owning a rental property, and it can be stressful if you can handle only some of them.


Below are five ways a
property management company can help make investor’s lives easier with their services.


Tenant Screening and Acquisition

Finding high-quality tenants is one of the best ways to make your life easier as a landlord. This can be difficult if you’re trying to fulfill this on your own. Property management companies often have the resources to screen and vet a potential tenant. They check not only their credit but also their rental history. This can narrow the pool of potential tenants to only those who can pay the rent and be responsible for the property. This can reduce the likelihood of late payment complaints from neighbors and minimize the risk of property damage.


Many tenants nowadays have pets. Some entire service property management companies also provide a vetting service for pets. This can expand the pool of tenants while minimizing risks you may take by allowing pets.


Property managers may also market your rental property more effectively than you can alone. This puts your property in the eyes of more prospects. This can significantly reduce vacancy periods, providing a steady income stream from your rental property.


Rent Collection

Collecting rent is one of the most essential tasks of a landlord. Sometimes, it can be rather time-consuming, depending on your preferred method of collecting rent. Property managers can take care of collecting rent, which can help ensure you receive payments on time. It also eliminates the need to chase tenants for rent or go to the bank to deposit checks or cash. This can help maintain a consistent cash flow month by month.


Property Maintenance

Maintaining your rental property is one of the most time-consuming responsibilities of a landlord. Whether you are the DIY type of landlord who does the job themselves or you need to hire a reputable tradesman, keeping up with maintenance is a difficult task. Especially when an unforeseen issue occurs in the middle of the night, this can require a fast response, which can be stressful if you do your own maintenance.


Property management companies can promptly oversee and record
maintenance tasks and tenant requests. Many property management companies have a number of qualified professionals who can see to it that your property is well-maintained.


Responding quickly when a request is made is essential to keep tenants satisfied and happy. Property management companies can work promptly and keep tenants satisfied. This can significantly reduce your stress about the upkeep of your property.


Time Management

For landlords first getting started in real estate, managing one or two rentals can be time-consuming yet reasonable. Time is limited, and managing your property can significantly reduce your time to rest or invest in other projects.


Property managers can save you time by handling day-to-day tasks associated with property management. This lets you focus on other projects to expand your portfolio or maintain a healthy work-life balance.


Conflict Resolution

Eventually, there will be a conflict with a tenant, which is nearly unavoidable. A property management company typically has more experience handling tenant disputes and conflicts. Using their expertise to resolve disagreements can promote a peaceful environment for you and your tenants.


This includes issues that require knowledge of state and local laws. Property management companies frequently have the resources to take a tenant to court if needed.


Real estate can be a competitive industry, though you don't need to do everything alone. Many veteran investors see property management companies as an investment, not a cost. If it's time to invest in hiring a property management company, we invite you to call us today at (562) 888-0247 or fill out our
Owner Application online.

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By Dustin Edwards 01 May, 2024
Everyone wants to feel safe in their homes. As an investment property owner, it's up to you to decide whether or not to include security measures in your property. Many of the costs associated with the security measures can be included in the rent, meaning not only can you keep your property safe, but you can earn more income in the long run. However, you would still want your tenants to have renters insurance to protect their assets. Today, we’ll discuss the top five security measures you can add to your property and why they're beneficial to you and your tenant. Security Cameras Cameras are probably one of the first security measures people think about when asked about security. Cameras provide more benefits than just surveillance. They provide an extra level of security for the safety of the tenants and their belongings. Additionally, security cameras can be useful when repairs are required. Cameras can aid in supervising repairs and maintenance to ensure you’re receiving the agreed-upon work. During vacancies when the property is empty, security cameras can help keep the property safe from potential intruders. Doorbell cameras are incredibly popular now. They provide the aforementioned safety of a camera that can be accessed remotely, as well as the ability to communicate with visitors. Although one must be careful never to say you're not home, just say you're unavailable to strangers. Security Lights Security lights with motion detectors are another effective tool when adding security measures to your property. These lights brightly if a potential intruder attempts to get near your home. They can provide enough illumination to see the intruder or, at the very least, scare them off. Nowadays, you can find a combination of security cameras and motion-activated security lights, such as the floodlight cam wired plus from Ring . Additionally, because these lights only turn on when motion is detected, they’re more cost-effective than traditional lights with a switch. Illuminate the Property Light generally deters intruders as it's more difficult to hide. Adding lighting to the landscaping can increase the security of the property while creating a relaxing atmosphere. Lights can also be used in other areas of the property to accent features such as trees, benches, or artwork. This can help your property stand out while giving your tenants an additional feeling of safety. Keyless Entry Keyless entry is seen as both a convenience feature and a security feature. They usually use an electronic passcode, biometric data, or grant access through a smartphone app. Physical keys can be lost, stolen, or duplicated. You reduce the risk of unauthorized entry by eliminating the need for a physical key to enter the property. Many keyless entry systems include several features, such as remote locking and monitoring. Although keyless entry is a great new technology for keeping your tenants and properties safe, they’re best used with other security systems. Security Company Nothing beats having an extra pair of eyes on your property for security. This is where security companies like ADT and SimpliSafe come in. While companies may deal with security in varying ways, they aim to protect your investment. While safety is the primary role of a security company, remember that many tenants may be willing to pay more for a premium amenity like a home security company. Keeping your property and tenants safe is incredibly important to the longevity of an investment property. If you’re looking to improve the security of your Long Beach rental property or need help managing your beach city rental property, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .
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