Have you started pulling your hair out over your growing list of landlord duties? Tenant screening, maintenance, and rent collection can all become too much. Unfortunately, chronic stress can cause depression, headaches, and insomnia.
It can also increase your risk of heart disease, stroke, and type 2 diabetes. Instead of letting your stress levels rise, consider landlord rescue services.
Not sure if you need help from a property management company? Read on for the signs it's time to call for a rescue!
High Vacancy Rates
How many of your rental properties are sitting vacant while you search for Boston renters? The rental vacancy rate in the US is already over 6%. Your properties will continue to sit vacant (and drain money from your accounts) without a rental property marketing strategy.
A property management company can develop a multi-channel marketing strategy to help you reach your ideal tenants. Their services can include:
- Video marketing/virtual tours
- Social media marketing
- Email marketing
- Content marketing
- Search engine optimization
- Paid advertising
They can help you market your listings on platforms renters already use. A multi-channel strategy will ensure you generate more online visibility. As more people see your listings, you could generate more leads.
No Tenant Screening
Neglecting to screen tenants could leave you with frustrating renters (which can cause you even more landlord stress). These renters could:
- Upset neighbors
- Sublet the property
- Damage the property
- Neglect to request maintenance
- Refuse to pay rent on time
The best property management company will already offer tenant screening services. They'll help you find renters with a good credit score and verified source of income. The information they gather will help you make informed decisions as you select tenants.
Rental Property Maintenance Delays
Failing to schedule rental property management projects on time will cause the property to deteriorate. You could struggle to attract renters if the property doesn't look its best.
If it's a hassle to find reliable contractors, hire a property manager. They'll leverage their professional connections with local vendors.
Your property manager can solicit bids, schedule maintenance, and ensure projects are complete. You'll have an easier time maintaining your stunning property and improving property values.
Too Many Landlord Duties
If you feel like there aren't enough hours in the day to complete your landlord duties, request help. An experienced property manager can take some of the weight off your shoulders.
Choose a full-service property management company. They can handle everything from rent collection to tenant evictions. Their professional services and industry expertise can help you avoid stress and mistakes.
Request Boston Landlord Rescue Services
Don't let your stress affect your health or sanity. Instead, consider requesting landlord rescue services from a property management company. Their experience and expertise can help you thrive, even in a competitive market.
Look no further for a rescue than PMI Bay State. We have 20 years of experience helping landlords maximize their earning potential without stress.
We're the top property management company (with the awards to prove it). Contact us now to discover how we can put an end to your landlord stress.
