Recently a colleague of mine moved to another state and needed me to take over for her and help her past client with their property management needs. Being familiar with the business and what needs a property owner has of their property managers, I decided that I would be a good fit for that position.
Many of you may desire to own investment property but not have the time or desire to manage it. For a relatively low rate you can hire property managers to take the time consuming task of managing the ins and outs of the property for you. The monthly costs are typically 10% of the rent role to handle the phone calls/request for services. If repairs are needed -- the property manager would address those either themselves or hire the proper person for the job. Those costs would of course be passed on to the owner.
The property manager also prepares the property quickly and efficiently between rentals as well. I.E. when a tenant decides not to renew -- they organize the cleaning, painting, routine maintenance, etc. that might be needed. They then advertise and market the property to get it rented asap.
Once the property is rented the property owner would be responsible for one month's rent to cover the process of finding and placing a renter.
As you can see ... there are a lot of aspects of owning and successfully leasing an investment property. If you'd like more information on my services and what I provide for you ... please don't hesitate to contact me directly.
Michael Walker
585-645-1258
RochesterRentals@MikeWalkerHomes.com
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