In this category we look at how to be a property manager, because not all property investors are interested in being a landlord. The thought of actually dealing with all that property maintenance and tricky tenants can be very exhausting. The fact is, not everyone is suited to being a landlord because this can require an immense amount of patience and perseverance, and this is where a property manager comes in.
So, what is Property Manager?
The main role of the property manager is to act as a third party between the landlord and the tenant, and to make sure all properties are maintained to a high standard. A property manager handles the different aspects involved in the physical management of a property for the term of the tenancy agreement. This will include everything from liaising with the landlord, being the main point of contact for the tenants, administrative tasks, organising maintenance and repairs, both general and emergency, dealing with complaints, all while keeping to a set budget.
They will be best placed with knowledge of how to manage your rental property effectively, knowing what is involved in the ongoing management and maintenance of a rental property. A property manager will advise how to keep good tenants, and help prevent void periods on your rental property, and they will have the best contacts for all different types of tried and test contractors too.
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We inform our landlords on property industry updates with blogs on Residential Property Management London. There are many updates that a landlords must keep up with whether it is tax, fire regulations, health and safety regulations, changes in the rental market or how best to keep the property maintained on time within budget.
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