A Bradenton property management company can provide a number of services and excellent value for landlords and investors in Manatee County and Sarasota County. Today, we’re discussing why it makes sense to hire a professional company, and what you have to gain.
Professional Property Management Services
Landlords in this day and age can advertise properties on sites like Zillow, Trulia, and even Craigslist on their own. With even basic marketing, they can find a good number of tenant leads. Unfortunately, finding leads isn’t the only aspect of property management. What happens when you find an interested tenant? How do you screen? When a tenant moves in, how do you ensure the property is being maintained well? Who do you go to for legal advice if a tenant stops paying rent? These are all services that a property manager can provide.
Inspections and Property Showings
If you’re living out of town, working with a property management company is a necessity rather than a luxury. If you do live in town, maybe you can provide some of these services yourself. You can drive by the property and inspect the outside or even schedule an inspection, depending on your comfort level. A lot of landlords don’t do this, however, because they don’t have the time or they don’t know what to do. When you contract with a property management company in Bradenton, your manager will do these things for you. We will advertise and show the property, even at times that are inconvenient to a property owner. We can be available on weekends and in the evenings. Our staff will show at these unsociable times because we are professionals and it’s what we do to provide value to you.
Tenant Screening and Property Maintenance
Once we find the right tenant, we screen. We have tools at our disposal that aren’t open to individual landlords. Once the lease is signed, we inspect the property with the tenant. Additional inspections are scheduled at the three-month and nine-month period. Inspection reports are documented and the property is photographed. We send these inspections to our owners and tenants so everyone understands how the property is being maintained.
Lease Renewals and Pricing
At the nine-month inspection, we start to think about lease renewals. We will scour the market for comparable properties so we know if a rental price increase is a good idea. Usually, we advise landlords to raise the rent five or six percent every year, and we can always demonstrate why the increase is a good idea. Or, if the market is struggling, we’ll advise you that it’s a better idea to keep the rent stable. These are the things we offer as a property management company to provide value to you.
Property owners can concentrate on what they do best while we manage from the rental perspective. If you have any questions, please contact us at Gulf Coast Property Management and we’d be happy to help you.
Hungry for more? Check out the two blogs below or visit our Owner Resource Center here to find answers to all of your questions. Or give us a call at (941) 782-1559, we’d be happy to answer any questions you may have.