Rental property management can be complicated. Managing rental properties without help is often frustrating. If you are a landlord, then a rental property management company can handle the job for you. Here are some rental property management tips for when you plan to do the job alone.
Advertising: Advertise your property by using smart advertising plans to attract a good number of tenants.
Do research and set proper rental rates: Compare your rental rate with properties that are similar to yours. Check ads or online resources before finalizing the amount. Setting the rent too low or too high is not good.
Tenants: Before selecting a tenant, make sure that you properly verify his/her identity, income, and rental history.
Rental lease agreement: Create a proper lease agreement that clearly outlines the conditions of rental for your property. It must include monthly rental payment amount, the due date, security deposit amount, move in date, date of evacuation, eviction terms, and repairs and maintenance responsibilities.
Property maintenance and repairs: Keep your property in good condition. Never neglect repairs because this translates into a good relationship with your tenants.Speak with an expert: For profitable and low maintenance property management solutions, talk to an expert.
Westchester Real Property Management provides comprehensive property management solutions to meet your needs. For property management services or information, call Westchester Real Property Management at 914-288-6023.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.