Favorite Landlord Tips for Park City Property Management
Happy New Year to everyone here in Park City property management! 2013 was a great year and I am looking forward to 2014. I thought this would be a great opportunity to share with you a few of my favorite tips for Park City long term rentals that will help any landlord in Park City property management. Maybe you can incorporate a few of these tips as part of a New Year's resolution to be the best landlord you can be. Let's take a look at some of my favorite tips that will help landlords in Park City property management.
Be Proactive
Whether it is a maintenance request, a problem that your tenant relayed to you or the general condition of your property taking a proactive approach is always best. Many maintenance items can be easily dealt with if they are discovered quickly or dealt with when first reported. A nagging item can sometimes take a repair from quick and cheap to long and expensive. If a tenant has a complaint about a neighbor or some other type of issue, do not let it escalate. I have seen issues go ignored until a great tenant feels their only option is to move out. If a tenant comes to you with a complaint or problem make it a priority. Even if you ultimately can't do anything about a particular issue the tenant will at lease know that you are concerned over their peaceful enjoyment of your property.
Take A Reasonable, Understanding Approach
The old saying "you catch more flies with honey than with vinegar" is definitely applicable when it comes to Park City property management. If you are a reasonable, understanding person you will generally be treated in the same way. The last thing you want in a tenant/landlord relationship is for things to become personal in a negative way. If a tenant is a few days late on the rent with a reasonable explanation there is no need to berate or excessively drive home the point that rent must be paid on a certain day every month. If you have good tenants then treat them like good tenants! They are an important part of your property management operation and should be viewed as such. If you find yourself turning into the landlord who feels like every tenant is out to screw them over then you are headed in the wrong direction and my next tip might be just right for you.
Hire A Park City Property Management Company.
If you are feeling overwhelmed with taking care of your rental property, if you are tired of dealing with tenants, or if you are just too busy and don't have the time then you should consider hiring a competent Park City property management company. A good property manager has all the resources, staff and tools available to take the hassle out of a rental property. For a small monthly fee you are free from the constraints that having a rental property can place on your otherwise busy schedule. No more Friday-at-5pm maintenance calls or worrying about collecting rents. A good property manager will handle all this for you and more and is something you should strongly consider for Park City property management.
If you would like more informative 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.
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