5 Headaches You'll Avoid By Working With a Property Manager

1. Finding Qualified Tenants

Of course, you wouldn't trust your house to just anybody. A bad tenant may leave your house in poor repair, be a nuisance to your neighbors, skip out on payments, and even commit crimes during his stay. But how do you screen potential tenants? Background checks? How long do those take? And how many will you need to perform? 

At RLM, we've been in the business of finding quality renters for more than 20 years. We know what to look for from experience. Because we're a medium sized company, we can efficiently match homes for rent with screened, qualified renters.

2. Repairing Damage to Your Property

It's 1:24 a.m.  You've got a big meeting the next day. Suddenly, your phone rings and your tenant tells you with alarm in his voice a pipe is leaking and he doesn't know what to do. On your own, figuring out what to do could cost you your precious sleep – not to mention the after-hours rate for a decent plumber.

A property manager can not only take the call, but he'll have plans already in place to handle these repairs. RLM only uses carefully chosen contractors, preserving the integrity of your property.

3. Receiving Payments

So what happens when a tenant is late with a monthly bill? And how do you best keep track of payments you receive against the expenses you incur?

RLM handles all the accounting for you, and provides you with detailed reports each month. We'll also keep track of your tenants for you, taking steps that maximize the possibility they'll be responsible financially. Tedious number crunching simply won't be part of your 'to-do' list if you work with a reputable property manager.

4. Dealing with Problems

There's simply no way to guarantee that every tenant will be perfect. And what happens when things go sour? If you're out of town, and you suddenly stop receiving rent checks, what do you do next? This is every homeowner's worst nightmare: A squatter is occupying their precious space.

Because we've been in the property management business for decades, we're familiar with eviction law and procedures, should that step need to be taken. We'll even show up at court hearings for you, and make sure your property is protected using legal tools available to property owners.

5. Drafting Tenant Agreements

If you're wanting to rent out your home, do you know what to include in a lease agreement? How can you best protect yourself against legal liability, while protecting your property and the rights of the renter?

RLM handles the tenant paperwork, getting the rental started on the right foot.

In business since 1977, RLM will seek the maximum value for your next property rental. Please call us at (281) 893-9564 to get started.