So, you invested in real estate property and thought you could manage your rentals yourself. Instead, you are behind on maintenance, and accounting, and don't know when your next paycheck is coming in.
Only 45% of landlords manage their own properties, and for good reason. It's a lot of work!
Landlord rescue services exist to help property owners with day-to-day management tasks and can replace an existing property management company that isn't getting the job done.
Keep reading to learn more about what landlord rescue services can help with.
Property Maintenance Assistance
Property maintenance is a critical task for property managers, but if you aren't taking care of your property, you will need additional help.
Landlord rescue services can come in and make repairs and help get property maintenance requests back on track. There are certain things landlords are required to fix like:
- Wiring
- Hot water access
- Toilets
A single landlord won't be able to handle maintenance for every single property they own, especially without repair experience.
A property management company will provide maintenance assistance as a form of landlord rescue services. They can hire contractors and set up a maintenance schedule on your behalf.
Legal Expertise
A landlord rescue program in Salt Lake City will have the legal expertise required to manage a rental property. For example, a professional property manager can help with drafting legal documents and evicting tenants.
If you don't know how to deal with certain real estate woes, hire a property manager who can handle them. First-time landlords might not know how to legally manage tenants.
Tenant complaints will be filed through them and legal staff on board can help deal with complications. This will also help you save from overpaying for legal services.
Lease Management
If you need landlord rescue services, you've likely fallen into the hole a bit. Salt Lake City property management services will come in and clean up the mess, in addition to helping you with general management tasks.
Every landlord wants to find the best tenants, but it's not going to be easy if you've become a slumlord that needs help. Property management services will get you back on track and then find the best tenants for your property.
Great tenants are those who:
- Pay their rent in full and on time
- Doesn't commit crimes
- Follow property and leasing rules
Finding the ideal tenant involves going through the tenant screening process, a service that the best property managers provide. It also involves marketing your listings and setting up ads on the right websites.
Get Back on Track With Landlord Rescue Services
If you're more of an investor than a landlord, you might have gotten off track with managing your property. Or, you hired a rental property management company that isn't increasing cash flow or protecting your assets.
It's time to get back on track with landlord rescue services from Wolfnest. Our property managers will come in and get your property back up to speed, as well as handle repetitive tasks that successful properties require.
Ready to start making rental income again? Contact us today to learn more about our services.
