Today, we are talking about some of the benefits to using a professional property management company in Eugene. If you’re thinking about managing your own rental property and you’re not sure why you should hand it over to a professional, here are some things to consider.
First, getting help from a property manager means you will have a lot more free time. Property management can be a full time job. When you put a professional in charge of it, you don’t have to worry about your property at all. You can focus instead on your family and your work. When you’re on vacation, you actually get to be on vacation. A professional property manager will be the one taking calls and handling problems. You don’t have to be on call to take care of things or answer questions from your tenants. Getting that time back is a huge benefit for landlords.
Another benefit is the level of expertise you get. With a property manager, you have someone who is focused on the laws and the trends and history of the local rental market. These things change all the time, and it’s our responsibility to stay up to date on what’s going on in the courts and in the market. We keep up with everything, and we do it well.
Property managers can also maintain professional relationships with your tenants on your behalf. Some of our landlords once thought it would be easier to rent their property out to a family member or a friend. We have found that in nearly every case, those situations go south. Things get bad and then there’s a broken relationship and lost income to worry about. We get a lot of clients who come to us after losing thousands of dollars due to damage that their friends caused in the property. It’s heartbreaking and unfortunate. A professional property management company can provide a degree of separation between you and your tenant.
Finally, property managers will save you money. They will keep you out of expensive court cases and they will ensure your property is maintained well. This is what we do best and we know the industry.
If you have any questions about this blog or anything pertaining to property management, please contact us at Trio Property Management, and we’d be glad to talk to you.