Are you thinking of renting out your home but dread the hassle of being a landlord? If so, you’re not alone. Being a landlord can be a lot of work, from screening tenants to dealing with maintenance issues to collecting rent. But there is a way to make the process easier: by using a property management company such as Rhino Property Management.
What is a Property Management Company?
A property management company is a firm that specializes in the management of rental properties. Property management companies typically handle all aspects of the rental process so you don’t have to be hands-on with your property every day.
Why Use a Property Management Company?
There are several reasons why you might want to use a property management company, whether you’re a homeowner or a renter.
1. We know the ins and outs of the business.
Property management is our bread and butter. We know all the local, state, and federal laws that apply to rental properties. We keep up with industry news and changes so you don’t have to. And we have access to resources, like maintenance professionals and contractors, that you may not have.
2. We’ll help you find qualified tenants.
Screening tenants is one of the most important—and time-consuming—parts of being a landlord. We have systems in place to weed out applicants who don’t meet your criteria so you don’t have to waste your time doing it yourself.
3. We’ll handle all the paperwork.
From leases to security deposits to move-in/move-out inspections, there’s a lot of paperwork involved in renting out your property. Property management companies can take care of all of it for you so you don’t have to lift a finger.
4. We’ll collect the rent each month.
Chasing down late payments is no fun for anyone. When you work with a property management company, we’ll handle rent collection for you so you don’t have to deal with delinquent tenants yourself.
5. We’ll take care of maintenance and repair issues as they arise.
Dealing with maintenance issues is one of the biggest hassles of being a landlord. But when you work with a property management company, we’ll take care of everything for you—from finding reputable contractors to overseeing repairs to making sure the work is done right and on time.
6. We provide peace of mind—for both landlords and tenants.
When you work with a property management company, both landlords and tenants can rest assured knowing that their rights are being protected and that their best interests are being taken into consideration. Tenants will appreciate having someone to turn to when they need something fixed or repaired, and landlords will appreciate not having to be on call 24/7/365.
7. We add value to your investment by keeping it well-maintained.
Regular upkeep and preventive maintenance will help keep your rental unit in top shape, which could lead to higher rents and less turnover (not to mention fewer emergency repair bills).
8. We protect your investment.
As licensed real estate professionals, we carry liability insurance as well as errors & omissions insurance (E&O). This means that if something goes wrong while we’re managing your property, we’re covered.
The Pros of Using a Property Management Company as a Renter
As a renter, working with a property management company can make your life easier. A good property management company will handle all the logistics of renting an apartment or home, from finding available properties that fit your budget and needs to filling out paperwork and scheduling move-in dates. In addition, if you have any problems with your rental unit, such as maintenance issues or noisy neighbors, you can simply contact your property management company and they will take care of it for you.
- You’ll have access to a wider selection of rental properties all listed in one place.
- You can rest assured that the rental process will be handled professionally and efficiently by people who know what they’re doing.
- If there are any problems with the property, you can simply contact the property management company and they will take care of it for you.
CONTACT RHINO PROPERTY MANAGEMENT TODAY
(801) 981-5237
If you’re thinking about renting out your home but don’t want the hassle of being a landlord, consider using Rhino Property Management. A good property management company can save you time and money by handling all aspects of the rental process, from advertising the property to collecting rent to dealing with tenant issues.