Why Property management important

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Why Property Management Important
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• Maintaing and renting property can be rather
  emphasize on people. the constant watching over
  and answering tenants needs. the worrying about
  and deals with bad tenants.

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Benefit of Property Management

• If you've purchased an investment property,
  you may find that there are several advantages to
  using a property manager, rather than managing
  the property directly.

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Role of Property Manager

• Property managers are responsible for setting
  the initial rent level, collecting rent from
  tenants and adjusting the rent.

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• Setting Rent
• The property manager knows how to set the
  right rent level to attract tenants to your
  property. They have an understanding of the
  market where the property is located and have
  looked at comparable properties in the area.
• Collecting Rent
• They play the role of the enforcer. They
  ensure optimal cash flow by setting a date to
  collect rent each month and strictly enforcing
  late fees.
• Adjusting Rent
• The property manager can increase the rent by
  a fixed percentage each year, according to
  individual state and/or municipal law.

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