Have you ever wondered if you should hire a residential property manager? Once you have invested in a residential rental property, the responsibility of maintaining and running the property can become overwhelming. For many Owners, the logical solution is to hire a residential property manager to oversee their rental property. A quality property manager will be attentive, use common sense and provide quality communication to both the property Owner and Tenant.
10 Top Reasons to hire a Residential Property Manager:
- Local Knowledge of Rental Rates
- Marketing Expertise
- Expert Tenant Screening
- Rent Collection
- Property Law and Regulations
- Tested and Reliable Professionals
- Inspection Reports
- Financial Records and Security Deposit Trust Accounts
- Emergency Calls and Shield You From Tenants
- Professional Advertising Photos
Quick Turnovers. Tenant Retention.Quality Tenant Screening.
The best residential property manager will provide quick turnovers, in-house Tenant screening and long-term resident retention. These components of property management won’t show on a financial statement but they have a significant impact on an Owner’s bottom line.
In addition, property maintenance is an important part of property management. Ensure the rental property manager is handling repairs correctly vs band-aid fixes (long-term effects of proper maintenance/bottom line). There should be no maintenance mark ups and no maintenance coordination fees. In addition, a property manager should use a professional software program like Buildium or Appfolio.
100% rent collection during the pandemic & we have *never* evicted a Tenant screened by us.
Rice Real Estate specializes in long-term residential property management in Las Vegas and Henderson. We are a full-service, locally owned and operated management company. We are committed to connecting responsible property owners with quality residents to ensure a stress-free experience. Rice Real Estate offers residential property management in select zip codes. Please call to confirm we service your rental property: 702-551-9592 ext 1.
