Most Harrisburg landlords know that outsourcing their duties to a property management company is often the smarter move. If you've settled on this path, you may have realized that you have two options: outsource all your duties or specific ones.
Property management companies offer full-service and hybrid packages. Both options have their advantages and disadvantages, but which way should you go?
In this article, we're making a case for full service property management. Dive in to learn why this is the best option for your needs as a landlord.
Escape the Pitfalls of Being a First-Time/Accidental Landlord
You've saved up over the years and finally secured your first rental property and you can't wait to start being a landlord. Or maybe you've found yourself with landlord duties after inheriting a property you can rent out.
Either way, first-time landlords don't always have it easy. From familiarizing yourself with relevant housing and landlord-tenant laws to setting a rental price and screening tenants, you can quickly become overwhelmed and make costly mistakes.
The world of rental property ownership can be unforgiving to those who haven't understood it. Hiring a full service service management company is the best way to give yourself the best chance of being a successful first-time landlord.
These professionals will take over all your duties, giving you adequate time to learn the ropes on the sidelines if you wish to become a DIY landlord later on.
Get Professional Help with Skilled Tasks
Have you ever attended a marketing class? What about bookkeeping?
If you're anything like the average Harrisburg landlord, you don't know much about marketing and bookkeeping. Yet, these are some of the skilled tasks a landlord is expected to do.
Instead of trying to take on what you aren't familiar with, companies offering property management solutions are on standby to lend a helping hand. These companies have built competent teams offering skilled services such as:
- Real estate marketing
- Rental property accounting
- Property maintenance and repairs
- Tenant Eviction
- Rent collection.
Being an Out-of-Town/State Landlord
Not everyone who owns a rental property in Harrisburg lives around. If you live in another Philadelphia city or even in another state, managing your property can become a nightmare.
For a job that needs you round-the-clock, you won't be an efficient landlord. There are certain matters that need to be attended to immediately and can get out of hand if you aren't present to provide a solution.
A comprehensive property care firm makes life easier for out-of-town landlords. A Harrisburg-based company that provides 24-hour property management services will ensure all issues arising from your rental are attended to promptly.
Enjoy the Benefits of Full Service Property Management
Hiring a full service property management company can be an unwelcome idea if you're looking to maximize your rental income. While being a DIY landlord doesn't necessarily mean you'll fail, it's clear having a full-time property manager providing round-the-clock property care is more beneficial.
In Harrisburg, Hometown Property Management is the go-to full-service provider. Our mission is to enhance the lives of real estate investors and residents through comprehensive property management. We assist investors in managing, leasing, buying, and selling various property types, and help people find affordable, clean, and safe rental housing.
Contact us to start enjoying the advantages of full service rental management.
