There is more tenants than before, and that means that property managers have lots of work on their hands. As more and more landlords outsource property management duties, the workload continues to increase.
This is nice for business but bad for your work/life balance. How can you make your job as a property manager easier without compromising the quality of your work?
We’re here to help! Read on for some quick property management tips.
- Update Your Property Management Software
In 2022, everything from tenant communication to collecting rent involves some form of software. If you are struggling to keep up, it may mean it is time for an upgrade.
You want your property management software to include an easy-to-use tenant portal, an effective way to perform background checks, and even some convenient marketing tools.
You want to make rent collection easy for you and your tenants (Click here for more information). This will reduce the amount of effort and time you must spend on property management so you can increase the number of properties in your portfolio without overtaxing yourself.
- Keep Great Contractors On Call
Part of your role as property manager is to make sure that all tenant requests are taken care of promptly. Maintenance requests may be small, but a fast response will earn you a better reputation and can encourage tenants to renew their lease or recommend your building to their family and friends members.
You aren’t responsible for taking care of everything yourself. Hire contractors to handle maintenance issues. Build a relationship with them so you can continue to use the same contractor in the long term.
This will make renters more comfy, possibly save you money, and let you call a contractor at a moment’s notice since you will not must go searching.
You will want at least one:
- Electrician
- Plumber
- Pest control expert
- Cleaner
You may find an awesome all-in-one maintenance person, but it is a good idea to have a few if one is not available.
- Follow Routine Care and Checkup
Speaking of maintenance, it is a good idea to keep up with regular maintenance and inspections rather than only doing them during moves and moves or at the request of tenants.
When you do regular maintenance, you save money (and headaches) in the long run. You’ll catch problems before they turn into costly disasters.
Regular inspections (even if it is just common areas and not individual residential units) will help you keep everything in great condition for your tenants.
You can even do regular apartment or house inspections, but try not to do it too often if you do not want to disturb your tenants.
Try These Property Management Tips in 2022
These property management tips will save you lots of time as a property manager. You will make your clients and tenants happier and make your own job easier!
Be a better property manager this year!
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