Property management - also known as real estate management or rental management - is best for owners of real estate who want professional help overseeing the financial, marketing, and maintenance of a property.
The property manager shoulders the responsibility of handling the day to day tasks of finding and screening qualified tenants, executing leasing or rental agreements, collecting rents, handling tenant complaints or legal issues such as evictions, building maintenance and repair, as well as a complete financial accounting and reporting to the property owner.
Property owners who place a premium on their time are the one's who often see the greatest return on their investment in a property manager. The key is to choose a property manager who specializes in your specific type of property, and offers management services to fit your unique needs. Property managers specialize in one or more the following property types listed below. If you're curious how else a property manager can help keep your house(s) rented, check out 10 Reasons to Hire a Property Manager.