As a landlord, you might own dozens of properties for which you are legally and financially responsible. You cannot risk letting them fall into disrepair. You also need your tenants to pay their rent on time. 

However, you might be unable to visit each of your properties each day to manage them yourself. Instead, you can outsource their upkeep and financial viability to a professional third-party property management company.

Rent Collection

When you contract your leasing business with a third-party property management service, you can collect your tenants' rent on time. You may expect your tenants to pay rent on their units on the first of each month. However, you may be unable to visit each property on the first to collect rent checks yourself.

Instead, you can hire a property management company to oversee each property and collect tenants' rent checks. The tenants can turn in their rent payments to the property management service, which in turn can deposit the checks for you. You avoid having to visit each property yourself to collect rent payments and can instead hand off this task to your property management professionals.

Dealing With Maintenance Issues

Property management professionals can also deal with maintenance issues at your properties. The on-site property manager, for example, can document maintenance requests from tenants and make sure work orders are handled in a timely manner. The manager can also hire contractors to come to your properties to fix appliances, repair doors and windows, and deal with other maintenance issues that might arise among your tenants.

You avoid having to deal with maintenance tasks yourself. You can hand off the task of getting maintenance orders worked up and finished to your property management service for each property.

Acting in Your Stead

Finally, an on-site property management company can act in your stead when you are not on the property yourself. You want tenants to abide by the terms of your lease with them. You can ensure they do not throw loud parties, trash the property, act violently toward other tenants, and break other property rules by hiring a property management company to supervise your tenants and units for you.

Professional property management can serve your properties and tenants well. The property manager for each property can collect your rent payments for you. The manager can also make sure maintenance requests are handled properly and supervise tenants to ensure they do not violate their lease terms.

Contact a local property management service, such as Uniland Development Company, to learn more.