If you’re a property manager, whether you own properties and you manage them yourself or you contract out your services, certain things go into managing a property. It can be difficult to determine what exactly your job duties are. Well, here are some property management services you really need to offer when it comes to your tenants.
First, property management firms are responsible for filling vacancies. They need to know where to advertise the rentals and what to include in their ads. They also must know what attracts tenants so they can offer tips to help renovate a property.
Once you find the tenants, you have to screen them. It’s best to put together a consistent screening process that including credit checks, criminal background checks, and more. Most property managers see dozens of tenants every year, so you have to have a good idea of how to select the right tenant for your properties.
Handling leases include things like setting the lease term and making sure it has all the necessary clauses to protect the owner. This also includes determining the amount for the security deposit.
Handling emergencies and complaints
Most property managers are paid to handle things like maintenance requests and noise complaints. They also have to have the necessary contacts to handle emergency situations like broken glass, a burst pipe, or a squirrel loose in the house.
Handling move outs
When a tenant moves out, the property manager has to inspect the unit, check for damages, and determine what portion of the security deposit they can return to the tenant. After the move-out, the property manager has to clean the unit, repair any damages, and find a new tenant.
Dealing with evictions
If a tenant doesn’t pay their rent or otherwise breaches the terms of the lease, the property manager has to understand the proper way to file and move forward with an eviction.
If you are looking for Denver property management, contact us today at 303‑665‑7368.