Managing a rental property during the time of COVID-19 presents new challenges for landlords. These are reasons why hiring a Property Manager can help you become a better landlord.
They can communicate effectively
Right now, it is crucial to keep tenants updated on maintenance and inspection schedules and concerns about rent. A Property Manager will be able to handle all of this on your behalf. With their experience and professionalism, they can help your tenants feel reassured and safe during this time.
They can handle maintenance
Part of your obligation as a landlord is to handle repairs and maintenance requests. A Property Manager can easily get in touch with the most skilled and trusted tradespeople in the area for these matters. They can arrange and schedule repairs with the tenant and the tradie on your behalf.
They are up-to-date on regulations
There are updates nearly every day that are of importance to landlords and tenants. A Property Manager can continuously monitor the news and keep you and your tenants posted on the most relevant information. A Property Manager will have access to resources and tips from industry experts to make sure they’re delivering the most valuable updates.
They understand the market
A Property Manager has a thorough understanding of the rental property market and how COVID-19 is impacting it currently and in the future. If you are concerned about the value of your investment property, your Property Manager is somebody you can speak to and who can give you advice about maintaining or increasing the value of your property during this time.
They can find you the ideal tenant
Homes and real estate are all the more vital during this time and a Property Manager can find ways to effectively market your rental property. They will have access to technology and other marketing tools to make sure your investment property is being marketed at the best possible value to the most suitable tenant. If a prospective tenant is isolating and cannot inspect the property, your Property Manager can conduct video walkthroughs. They can handle background checks and screenings on your behalf.
Thinking of switching property managers? Here’s why you should move to Rental Results https://www.rentalresults.com.au/make-the-smart-move-to-rental-results/