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1. Set the right rental rates
A property management company will conduct thorough market research to set a rental rate for your property so that you achieve the perfect balance between maximising monthly income and maintaining a low vacancy rate.
2. Marketing and advertising your property
With years of experience, a property manager knows exactly where to present your property. This is important to fill your property quickly and avoid long vacancies
3. Finding the right tenants
Experienced property managers are experts at finding good tenants and take care of all the details, including securing all criminal background and security checks, checking credit reports, verifying employment and gathering previous references from landlords.
4. Managing tenants
Besides finding good tenants, a property management company manages all aspects of the relationship between tenant and landlord. The property management company provides routine and emergency maintenance, conducts routine inspections and manages situations where conflicts need to be resolved.
5. Managing relationships with suppliers
Property managers have relationships with maintenance workers, tradesmen, contractors that an independent landlord can hardly match. Your property manager will not only get you the best work at the best price, he will also oversee all necessary maintenance.
6. Making sure you comply with housing regulations
There are a multitude of applicable laws and regulations you need to adhere to when renting out and maintaining your rental property. These include local regulations, as well as fair housing regulations. A property manager can help you avoid unpleasant situations by keeping your property up-to-date and in compliance with regulations.
7. Enabling you to invest outside the Rotterdam region
If you manage your own property, you are pretty much limited to investment opportunities within a small radius. By hiring a property manager, you avoid this.
8. Maximise profitability
having a property manager take care of the day-to-day aspects of running your property, you are free to spend your time on further investment opportunities
9. Maximise the profitability of your money
Most property managers charge a percentage of your property's monthly rent in exchange for their services which is less than the money you save by hiring a professional to look after your property.
10. De winstgevendheid van uw geld maxilmaliseren
De meeste vastgoedbeheerders rekenen een percentage van de maandelijkse huur van uw eigendom in ruil voor hun diensten wat minder is dan het geld dat u bespaart door een professional in te huren om voor uw woning te zorgen.
