{"id":10658,"date":"2018-10-25T15:15:46","date_gmt":"2018-10-25T22:15:46","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=10658"},"modified":"2018-10-18T12:04:15","modified_gmt":"2018-10-18T19:04:15","slug":"a-real-estate-investors-secret-weapon-is-the-property-manager","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2018\/10\/a-real-estate-investors-secret-weapon-is-the-property-manager\/","title":{"rendered":"A Real Estate Investor\u2019s Secret Weapon is The Property Manager"},"content":{"rendered":"<p style=\"text-align: justify;\">A property manager is a must-hire for any real estate investor\u2019s peace of mind, no matter the size of the business. Whether you\u2019ve got just one single-unit commercial property on the corner or a whole row of residential units, you\u2019re going to need a skilled and experienced property manager on your side to keep things running smoothly.<\/p>\n<p style=\"text-align: justify;\"><strong>What a Good Property Manager Can Do for You<\/strong><\/p>\n<p style=\"text-align: justify;\">Whether you use a property management company or you hire on an individual to take care of things directly, having a property manager at your beck and call can save you a number of headaches. Here are just a few things that a good property manager can accomplish for you.<\/p>\n<p style=\"text-align: justify;\"><strong>Provide Tenant Screening Services<\/strong><\/p>\n<p style=\"text-align: justify;\">Tired of having to go through each tenant application yourself? A property manager can go through any number of applications personally, using their honed skills to filter out potential problem tenants based on their responses to your paperwork. This increases your chances of finding reliable tenants that will pay their rent timely and consistently or tenants that won\u2019t be disruptive or disrespectful of neighbors. With more than 2600 new renters entering the market every day, the ability to source quality ones is incredibly important.<\/p>\n<p style=\"text-align: justify;\"><strong>Act as a Point of Contact for a Tenant<\/strong><\/p>\n<p style=\"text-align: justify;\">Owning and operating rental properties is a full-time job, and you don\u2019t always have the time or energy to be a primary point of contact for each and every one of your tenants. If a sink needs unclogging or a window needs replacing, a property manager can organize routine maintenance and repair without needing to get you involved each and every time. This provides you more time to get other important things done.<\/p>\n<p style=\"text-align: justify;\"><strong>Maintain the Happiness of Your Tenants<\/strong><\/p>\n<p style=\"text-align: justify;\">Property managers are concerned with providing excellent levels of service to the tenants they oversee. Being available to renters\u2019 needs and responsive to their comments and questions means that property managers keep your tenants happy. Happy tenants, of course, like where they live and don\u2019t look for different places to move to. This makes having a good property manager on staff an excellent tool for retaining renters in the long run.<\/p>\n<p style=\"text-align: justify;\"><strong>Minimize or Eliminate Late Payments<\/strong><\/p>\n<p style=\"text-align: justify;\">There\u2019s nothing that gums up the works of an investment property than late rent payments. As a real estate investor, you really don\u2019t have the desire to chase down delinquent tenants. Meanwhile, property managers know that they don\u2019t get paid unless there\u2019s money to pay them with, and that money comes from consistent monthly rent. This makes every property manager highly motivated to ensure your tenants pay on time, every time.<\/p>\n<p style=\"text-align: justify;\"><strong>Make Everything Run More Smoothly<\/strong><\/p>\n<p style=\"text-align: justify;\">Real estate investment business owners have enough commitments to worry about on a daily basis. That\u2019s why having a property manager available to step in and look into the daily running of your rental property can be such a major boon. Reducing your own personal stress leads to a better quality of life just as investing in real estate can help build wealth in the long-term, making property management services a must-have for anyone looking to grow their real estate investment business.<\/p>\n<p><a href=\"https:\/\/realtybiznews.com\/property-manager\/98751124\/\" target=\"_blank\" rel=\"noopener\">The Property Manager : A Real Estate Investor\u2019s Secret Weapon<\/a> by Ben Shepardson | Realty Biz News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A property manager is a must-hire for any real estate investor\u2019s peace of mind, no matter the size of the business. Whether you\u2019ve got just one single-unit commercial property on &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2018\/10\/a-real-estate-investors-secret-weapon-is-the-property-manager\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-10658","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A Real Estate Investor\u2019s Secret Weapon is The Property Manager &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2018\/10\/a-real-estate-investors-secret-weapon-is-the-property-manager\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"A Real Estate Investor\u2019s Secret Weapon is The Property Manager &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"A property manager is a must-hire for any real estate investor\u2019s peace of mind, no matter the size of the business. 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