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Real Estate Information |
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Why Use a Property Manager?
Most experienced property investors use property managers. Why? Because they make you money. Property management isn't just about collecting rent. It's about ensuring your property is always rented, ensuring you have the best possible tenants, and ensuring you're getting the best possible rent. It's about keeping the property well maintained, tracking expenses and income, and dealing with the legalities of leases and the rights of tenants. This is what property managers do. It's their core business. For a landlord, the benefits are significant. Save Valuable Time The most obvious benefit is time saving. You don't have to spend an hour or so each week making phone calls, placing ads, interviewing prospective tenants, speaking to solicitors, speaking to your tenants, collecting rent, organising tradesmen and so on. How much could you earn in that hour if you were focussing on your work rather than chasing your tail? Know Your Market Property investment is a business. To succeed in business, you need to know your market. Property managers make their living out of knowing the rental marketplace. They know how much your property is worth and who'll want it. They know the best ways to reach the market and they have the resources to do it. A property manager with some real marketing nous can earn you thousands every year, just with an intelligent marketing campaign. Know Your Rights Rental legislation is constantly changing. It's important that you know your rights as well as the rights of your tenants. But most people don't even know where to start looking. Property managers work with tenancy legislation every day. They know all the ins and outs, as well as the pitfalls and loopholes. They're experienced in all aspects of lease negotiation - from bond to maintenance agreements to eviction. Most importantly, they'll protect your rights as a landlord. Get Good Tenants Most good tenants will only rent through property managers. The whole process is much more streamlined and convenient. Payments can be made electronically, their questions can be answered quickly, and everything can be done during business hours. The opposite is true of bad tenants. They target privately managed rentals, because that's generally all they can get. Property managers chase down and validate every reference, and they get to know problem tenants. They do everything possible to provide you with a hassle-free investment because they know the eviction process is every landlord's worst fear. You can't just kick someone out without notice. The whole process can take months. But if you're unlucky enough to end up with a problematic tenant, a property manager will manage the whole eviction process - including all dealings with tenants, sheriffs, and court officials. Sure, you can juggle all of these elements yourself, and you'll save yourself a small management fee? But what's the cost? Do you want to work for your investment or do you want it working for you? About The Author * Glenn Murray is an SEO copywriter and Article Submission Specialist. He is a director of PublishHub and also of copywriting studio Divine Write. He can be contacted on Sydney +612 4334 6222 or at glenn@divinewrite.com. Visit http://www.divinewrite.com or http://www.publishhub.com for further details, more FREE articles, or to purchase his e-book, 'SEO Secrets'.
MORE RESOURCES: Inside the Secret World of Luxury Real Estate in DC Washingtonian Residential real estate firm owner arrested by State Police The Business Journals V.P. of Real Estate Group Will Step Away After Harassment Claims The New York Times An upstate New York county has become home to the hottest real estate market — and it’s a world apart from NYC New York Post Houston real estate market favors buyers amid increase in months of inventory - Houston Public Media Houston real estate market favors buyers amid increase in months of inventory Houston Public Media Suspect in Dallas shooting that killed Houston-area real estate agent released on bond FOX 4 News Dallas-Fort Worth YVHA partners with local real estate firm on Cottonwoods project SteamboatToday.com Chicago Real Estate in 2025: Why Local Expertise Still Wins in a Tech-Driven Market washingtonbeerblog.com ULI’s Economic Forecast: Real Estate Outlook Remains Positive Despite Near-term Speed Bumps Urban Land Magazine Zillow settles lawsuit over StreetEasy listing fees Real Estate News by RealEstateNews.com New maps to increase Ventura County's fire hazard zones by 108%. Here's what comes next Ventura County Star The 5 Best Real Estate Schools in Washington, D.C. for 2025 housingwire.com Real Estate Industry Insider Vija Williams Joins eXp Realty to Launch Transformational “UPGRADE” Community GlobeNewswire Swedish real estate group Balder invests in Scandinavian Data Centers Data Center Dynamics Q1 2025 company earnings in mortgage and real estate housingwire.com CAR, CRMLS align on transparency, push back on private listings Real Estate News by RealEstateNews.com LAST CALL: Today is the Final Day to Submit Nominations for the 2025 Excellence Awards Boston Real Estate Times First Draft of Tax Reform Bill "Very Positive" for Real Estate National Association of REALTORS® CalPERS, CalSTRS executives address real estate rebalancing Private Equity Real Estate | PERE Friedman Real Estate negotiates sale of former First Independence bank building in Detroit REJournals International Fashion Retailer Primark Signs 9,396 SF Lease at 101 Arch Street Boston Real Estate Times Current Real Estate Roundup - May 15, 2025 Nantucket Current 1st Quarter Real Estate Trends Northwest Iowa Now R.W. Holmes Facilitates 10,437 SF Office Lease for Boston Fusion at 1 Hartwell Place in Lexington, MA Boston Real Estate Times REAL ESTATE | Barton Business Condominiums on HWY 45 and CTH D | By Tom Zernia - BOSS Realty Washington County Insider For this Atlanta church, being on mission means a real estate deal Baptist News Global Should private home listings be allowed? The Seattle Times Missoni announces residential real estate project in Portugal FashionNetwork USA New real estate giant with big Seattle footprint emerges from merger of Blackstone-owned companies The Business Journals Christie's International Real Estate to Represent Kempinski Grace Bay Residences in Turks and Caicos PR Newswire Akin Adds Market-Leading Lawyers in Real Estate Funds and Infrastructure M&A Akin Gump Strauss Hauer & Feld LLP Anywhere CEO Ryan Schneider Reveals Residential Market Evolution at Major KBW Conference Stock Titan Stephanie Shojaee Is Shaping the Role of a Multi-Hyphenate Leader and Real Estate in Miami USA Today U.S. Commercial Real Estate Lending Rebounds Sharply in Early 2025 The World Property Journal Greenville real estate team receives SC Small Business of the Year award upstate business journal Kempinski Grace Bay Chooses Christie’s International Real Estate Turks & Caicos for Exclusive Sales Representation Travel And Tour World Saudis Greet Trump to His Tastes, With Pomp, Opulence and Real Estate The New York Times Anywhere to Participate in the KBW Virtual Real Estate Finance & Technology Conference Longview News-Journal Lower acquires real estate portal Movoto housingwire.com Navigating Change: HUD’s Strategic Role in the Evolving Commercial Real Estate Landscape Commercial Observer San Jose deal could change fortunes of West St. James housing towers The Mercury News West Portal crash driver hid millions in real estate, new lawsuit says The San Francisco Standard Rausch Commits $100M to Partnership With Texas Real Estate Investment Firm Crowe Capital Arkansas Business T3 Sixty Names CoStar's Homes.com and Matterport Among Elite Real Estate Tech Leaders for 2025 Stock Titan States With Lowest Mortgage Rates Today – May, 15 2025 Norada Real Estate Investments Out-of-state buyers are purchasing more RI homes. Is that a good thing or bad thing? The Providence Journal Australian Commercial Real Estate Still Attractive Despite Global Uncertainties, CBRE Survey Shows Hotel News Resource Plano estate shatters Collin County price record, sells in 48 hours for over $15.9 million The Business Journals HGTV’s Egypt and Mike Building Real Estate Dreams Together Black America Web Mission Real Estate Agent Indicted for Fraud Scheme Texas Border Business World’s 5 richest real estate women billionaires hold $39B fortune VnExpress International Grocery-anchored shopping centers are the 'darling' of real estate investors - The Business Journals Grocery-anchored shopping centers are the 'darling' of real estate investors The Business Journals Homes for Sale in New York and New Jersey The New York Times |
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