Only 51% of landlords have hired property managers, according to a survey by 99firms.
Other property owners prefer to undertake the management work themselves. If you're one of these landlords, doing all the work yourself can be overwhelming. You can minimize the burden by leveraging leasing only service.
The plan is to seek professional help finding and securing tenants. Read on to discover how the leasing only service can maximize your property income.
Streamlined Tenant Search
Vacant units in your rental property result in lost income. You need to find tenants for these units as soon as possible to boost your revenues. However, as the landlord, you might struggle to market vacant units.
You can overcome this struggle by seeking professional help. The plan is to find a reliable leasing service provider.
With the assistance of this specialist, you'll market the property on different online platforms. The experts will also guide you on ways to improve your property's curb appeal.
Professional Tenant Screening
Effective tenant screening can reduce the risk of problematic tenants and minimize evictions. As the property owner, you might lack the essential resources for tenant screening. You might be uncertain about the key things to help you decide whether to accept a potential tenant's application.
Outsourcing tenant screening can help you overcome this challenge. It can ensure proper:
- Background checks
- Credit reports assessments
- Employment verification
- Rental history reviews
These things assess each applicant to determine their suitability for your property. They give you peace of mind that tenants moving into your property have been thoroughly vetted.
Assistance With Lease Preparation
Drafting a legally sound and comprehensive lease is essential in protecting your interests as the landlord. Leasing only service offers assistance with lease preparation, making sure the agreement complies with all relevant laws in Louisville, KY.
The lease clearly outlines the responsibilities of both the tenant and the landlord. It has clauses on handling conflicts and the eviction process.
So, search for the best property management leasing services provider to get this help. Consult them on other rental income strategies you can adopt.
Tenant Move-in Assistance
A lease only service assists with creating a move-in checklist for new tenants. It helps with organizing and conducting move-in inspections. The experts handle the transfer of keys and ensure that all initial payments, such as the first month's rent and security deposit, are made.
These things help avoid disputes over damages when the tenant moves out. As the landlord, you'll have a record of the condition of the house when the tenant moved-in. You'll use this report to assess damages after the tenant vacates the property.
Use Leasing Only Service to Increase Your Rental Property ROI
Leasing only service allows you to seek professional help while maintaining control over your property. It can help you find tenants fast for your vacant units, boosting your rental income.
Hire PMI Louisville to get this professional assistance. Our team can guide you on different property leasing options to pick the ones that maximize your returns. You can trust us to market your vacant units and help with tenant screening.
Contact us today to discover more about our property management services.
