You may have embarked on the journey of property ownership in Akron, OH, with the idea that it would be a passive, hands-off venture. However, as you've probably discovered, real estate investing is an active process that requires buckets of time and effort.
Unpredictable Ohio weather can wreak havoc on your property, leading to unexpected upkeep and repair costs. Furthermore, late-night emergency calls, troublesome tenants, and vacancies are just a handful of the other hurdles you may find yourself jumping over.
A property management team can help. They have many skills and services that can add value to your Akron properties and lower your stress levels. Here are a few.
Managing Rental Payments
Rent collection, tracking down late payments, and dealing with bounced checks are responsibilities that property managers handle. What's more, they do so without bothering the property owner.
Property managers send payment reminders before the due date, ensuring that tenants are aware of their payment obligations. This helps create a sense of accountability among tenants, resulting in fewer instances of late payments.
They also provide tenants with convenient payment options, like online portals or wire transfers. Tenants who don't have cash on hand can always pay using their debit cards.
Effortless Tenant Management
Ever had a tenant call in the middle of the night with an issue? With a property management team, you never have to worry about these kinds of interruptions.
These professionals handle all types of properties and situations. Your tenants will use them as middlemen, so you don't have to deal with aggravated renters directly.
This can be especially helpful if you live far away from your property. Property management teams stand by to solve issues on the spot.
Effective Marketing and Screening
Property management companies can reach out to more high-quality tenants. They know how to create appealing descriptions of your property and the best places to post a listing.
Once they attract interested prospects, they screen them. Credit history, criminal record, and employment history are all verified before an applicant is considered.
Maintenance and Repairs
Keeping your rental property in top shape can be a chore. By hiring an experienced company, you can be sure maintenance and repairs are addressed promptly and professionally.
You won't have to worry about finding reliable contractors, either. Most companies have a network of licensed professionals they can call on for repairs.
Legal Issues
A property management company knows the Ohio landlord-tenant laws, so they can handle any legal issue. From eviction proceedings to ensuring your property meets all the necessary regulations, property managers ensure your business practices are compliant.
Enjoy Stress-Free Property Management
If you own a property in Akron, OH, a property management company can simplify your rental collection process. They'll also deal with the day-to-day tasks of managing your property, like maintenance and handling tenant disputes.
PMI Cuyahoga Valley RAL can give you the peace of mind you've been searching for as a property owner, freeing up your time to invest in other ventures. We've offered property management services for over twenty years.
Contact us today to learn more about our services.
