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You are here: Home / Blog / Differences Between a Property Management Company and a Private Owner for Rentals

Differences Between a Property Management Company and a Private Owner for Rentals

January 20, 2021 by Douglas Realty

Acting as the landlord for your investment rental property isn’t always easy, especially if you are juggling multiple properties at one time. Your rental properties are important priorities, but that doesn’t mean you need to inconvenience yourself by making “landlord” your second job. 

The right property management group like Douglas Realty takes all of the responsibilities off of your shoulders, streamlines your entire rental process, and gives you back the gift of time. The number of benefits associated with trusting a property management group for rentals is hard to ignore.

Property Management Groups Take Charge of Tenants

Once a property management group begins to handle your rental properties, it shoulders the core responsibilities related to your tenants:

  • Expertly controls the tenant screening process in order to spot red flags
  • Minimizes your financial risks
  • Acts as the first point of contact when tenants have concerns

This means your phone will stop ringing at all hours of the day, and you can sleep easy knowing that any emergencies are handled by professionals. All of this will help minimize tenant turnover, keep your renters happy, and improve your cash flow. 

Property Management Groups Handle Rent

Rent is the foundation of your cash flow as a rental property owner, but rent is also usually the source of many problems. Property management groups collect their portion of fees from rental payments, so they are every bit as motivated as you to ensure that your tenants pay rent in a timely manner. They will enforce lease policies, communicate with tenants, and even serve eviction notices, if necessary. 

Property Management Groups Make Your Life Easier

In general, relying on a property management group like Douglas Realty allows you to enjoy more free time, focus on any main daytime job you have, and stop stressing over every existing or potential rental problem. 

This means you can take a vacation without being interrupted by calls from frustrated or upset tenants, you can trust that rent will be collected each month, and you can spend more of your time the way you want to! 

Call (239) 542-6906 today to learn more about Douglas Realty and get the help you need with your rental property in Southwest Florida. 

Filed Under: Blog

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