3 More Tips For Park City Property Management
When it comes to Park City property management there is always more to learn and room to improve. One of my very first posts when I began blogging was "3 Tips For Successful Park City Property Management". As we approach the end of the year I thought I would offer up some additional tips that I feel really help any landlord who is involved in Park City long term rentals. These are some basic tips and by no means meant to be an exhaustive list. They are just a few things that I have found to be beneficial for landlords.
Quality Vendors
I happen to own my one rental property. And I am fairly handy around the house so I often do my own repairs. I recently replaced a dishwasher and before that a new garbage disposal. But everyone will eventually run into a repair or other type of replacement work that they are incapable of completing. Sometimes you just don't know how to fix the problem. Sometimes you do but lack the necessary equipment to do so. And sometimes you are just too busy taking care of things in your own life and don't have time to fix what is going wrong at your rental property. This is where a trusted vendor can save you time, money, and a lot of frustration for you and your tenants. Build a list of contacts for each type of trade you need. This should include plumbing, electrical, HVAC, appliance repair, carpet and flooring installation, windows and doors, and a general handyman if you are not the type of person to make repairs on your own. A good vendor does things right the first time, charges a fair rate and makes you look like an all star with your tenants.
Proper Procedures
At times Park City property management is the coordination of many moving parts in order to produce a superior result. One of the best ways to make sure that you get the right result every time is to have well-thought-out procedures in place for common things like tenant move ins and outs, tenant screening, and maintenance requests. These are things you are likely to encounter in property management and having an already established process for handling these requests takes the guess work out of sometimes complex issues. Things like move in and out forms, leasing applications for tenants, requiring maintenance requests be submitted in writing, list of house or property rules, contact lists, etc. are just some things that can help either avoid problems or solve them quickly.
Hire A Property Manager
Maybe the one thing that is keeping your Park City property management operation from running smoothly is you. Knowing if you have the skills, ability and time to handle a long term rental in Park City is the first step in deciding whether a property manager makes sense. A competent property manager brings with them a host of skills and abilities that the average person does not have. Things like property management laws and regulations, industry and market knowledge, and a professional staff only scratch the surface. A property management company takes the hassle out of managing a property and provides a professional face to your rental operation.
If you would like more information tips on being a landlord, or further information about Park City property management in general click the link below for a free consultation. You will receive valuable information specific to your property that will help you make an informed decision. You will also receive a free, no-obligation quote on our property management services. At CC Realty we specialize in making investment property ownership a trouble free experience. Please contact us today for your free consultation.
photo credit #1