When you own property that you don’t live in but also don’t want to sell, what do you do? Most people think that renting out their extra property is a great way to pull in some extra income, and they’re right! There’s nothing worse than a perfectly good property sitting empty, not earning any revenue at all. But there’s a lot more that goes into renting out a property than just listing it online and collecting the rent, as many property owners soon find when they attempt to rent theirs out on their own.
Skip that hassle and go with professional property management from the beginning. Professional property managers, like Douglas Realty Property Management in southwest Florida, will handle every step of the rental process. From preparing your property for rental to vetting potential tenants to routine maintenance tasks, we take care of even the smallest details, so you can just sit back and let the revenue roll in.
Just a few reasons that you’ll want to hire a professional property manager to manage your rental properties include:
Preparation = Higher Rent
How you present your property to the market makes a huge difference in how much rent you can charge. A well-prepared, strategically staged property will bring in more cash, month after month, than some photos of an empty and bare apartment. Even properties in questionable locations can bring in a premium if prepared and presented correctly. Here at Douglas, we have a proven method of preparing properties that gets our landlords top dollar with minimal investment.
Tenants You Actually Want
If you’ve ever rented out your property with a Facebook marketplace or Craigslist ad, you know the struggle. Unqualified tenant after unqualified tenant will barrage your messages with sob stories, bad excuses for bad credit, and a promise that they won’t be unemployed much longer. Skip this stress by letting us vet all tenant applications before setting up any in-person meetings. You’ll only meet tenants who meet your requirements, are financially qualified to rent, and have a track record of respecting their landlord’s property.
Iron-Clad Lease Agreements
A great tenant can turn into a bad nightmare if the lease agreement doesn’t cover all the situations that typically arise during a tenancy. When policies and rules aren’t written in black and white, differences of opinion can turn your good landlord-tenant relationship sour. At Douglas, we use only attorney-reviewed, 100% lawful lease agreements to avoid these issues. We’ve learned through hands-on work that it’s better to be too thorough in all legal agreements between landlords and tenants, and we use what we’ve learned to help all of our landlords have the best property management experience possible.
Maintenance Done Right
A property manager’s job isn’t done when the lease agreement is signed. All properties will need routine maintenance along with occasional repairs. Maintaining appropriate communication with tenants is essential so that they know who to contact when a maintenance issue arises. At Douglas, we perform routine inspections and maintenance on all properties we manage on a set schedule, and landlords can request additional inspections during the lease period for an additional fee. When a repair is needed, we use our network of contractors to get it fixed quickly, correctly, and at a competitive rate.
The Best Property Management in Southwest Florida
Save your sanity by using a professional property manager, like Douglas Realty Property Management, to manage all of your rental properties. We know the industry, keep up with the trends, and always value our landlord’s assets and time. Call us at 239-542-6906 or contact us online to learn more about our southwestern Florida property management services today!
