When you own and rent out Phoenix real estate, you want to make sure your investment is protected. A good property management company can do that for you. Today, we’re discussing how we protect your property.
Tenant Placement
The first step is to place the correct tenant in the property. You don’t want to lease your home to just anyone you find quickly. You need a good tenant pool to choose from, and then you need to select a great applicant through a thorough screening process. A great tenant will take care of your home for the next couple of years.
Document Property Condition
Your property manager will conduct a thorough move in and move out inspection. There will be a lot of photos and video taken to make sure we have a good comparison and documentation in case there are damages and we need to collect or withhold money from a security deposit.
Strong Lease
A very strong lease is needed to protect your property. With years of experience, property managers have been through all the scenarios. We amend our leases every six months and add what we can in order to protect you and your investment. Access to a strong lease is a great reason to use a professional property management company.
Property Management Phoenix Maintenance
A good property management company will work with a team of professional vendors. Our practice is to survey the tenants after each maintenance request to make sure they are satisfied, and to hear from them to make sure the vendor did a good job and the repair was properly performed. If not, we send them back to complete the job.
Property Inspections
If your property manager offers inspections, take advantage of the service. We find that the most important time to inspect is three months after a tenant moves in. By then, you will see if they aren’t following the lease and if they’re breaking the rules. It’s still early enough to prevent major damages from happening. It is important to immediately address any problem. We will send a notice or send out a vendor depending on what’s wrong.
Legal Knowledge
Finally, a good property management company knows the law and protects you from liability. There will be safety inspections for pools, and we’ll make sure the smoke detectors and carbon monoxide detectors are installed. We can advise on attractive nuisances like trampolines, diving boards, and Jacuzzis. We will notice trip hazards like holes in the ground and cracks in the pavement. We know that we cannot withhold repairs if tenants are late with rent or cut off the utilities. These things are against the law, and we want to avoid court cases for our owners.
These are just a few of the ways we protect your property. If you have any questions about Phoenix property management, please contact us at Service Star Realty.
