Top 3 Property Management Tips to Make Your Life Easier
There are more renters than ever, and that means that property managers have a lot of work on their hands. As more and more landlords outsource property management tasks, the workload keeps increasing.
This is great for business but bad for your work/life balance. How can you make your job as a property manager easier without lowering the quality of your work?
We’re here to help! Read on for a few quick property management tips.
- Update Your Property Management Software
In 2022, everything from tenant communication to collecting rent involves some form of software. If you’re struggling to keep up, it might mean that it’s time for an upgrade.
You want your property management software to include an easy-to-use tenant portal, an effective way to do background checks, and even some convenient marketing tools.
You want to make rent collection a breeze for both you and your tenants (click here for more info). This will reduce the amount of time and effort that you have to put into property management so you can increase the number of properties in your portfolio without overburdening yourself.
- Keep Great Contractors On-Call
Part of your role as a property manager is to make sure that tenant requests are all taken care of right away. A maintenance request might be minor, but a quick response will give you a better reputation and may encourage tenants to renew their leases or recommend your buildings to their friends and family members.
You’re not responsible for taking care of everything on your own, though. Hire contractors to deal with maintenance problems. Build relationships with them so you can continue using the same contractors long-term.
This will make tenants more comfortable, it might save you money, and it will allow you to call up a contractor at a moment’s notice because you don’t have to go searching.
You’re going to want at least one:
- Pest control professional
You may find a great all-around maintenance person, but it’s a good idea to have several in the event that one is unavailable.
- Keep Up With Routine Maintenance and Inspections
Speaking of maintenance, it’s a good idea to keep up with routine maintenance and inspections instead of only doing them upon move-ins and move-outs or upon tenant request.
When you do routine maintenance, you’re saving yourself money (and headaches) in the long run. You’ll catch problems before they turn into expensive catastrophes.
Routine inspections (even if they’re only of the common areas and not individual dwelling units) will help you keep everything in great condition for your tenants.
You can do routine apartment or home inspections as well, but try not to do them too frequently if you don’t want to disturb your tenants.
Try These Property Management Tips in 2022
These property management tips will save you a lot of time as a property manager. You’ll make your clients and tenants happier and make your own job easier!
Be a better property manager this year!
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