What Does A Property Manager Do?

What Does A Property Manager Do?

 

When beginning your real estate investor journey looking into a property manager is important. So what does a property manager do?

 

Property managers work for landlords to help handle the everyday details of running your rental property. They handle all types of day-to-day activities from handling calls from tenants about property issues, collecting rent, or helping answers about leases. As you oversee your rental, you can eliminate the stress of dealing with tenants.

 

Property Manager Tasks

  • Price Your Rent:
    • Property Managers help assist in pricing your rental based on the location, schools, and job prospects.
  • Vet Tenants:
    • When renting out your property, your property manager will vet your applicants to ensure less turnover and screening them for income, credit checks, and criminal background.
  • Protect You From Lawsuits:
    • Your property manager makes sure that your rental property is abiding by local laws and regulations so that you as a property owner do not get in trouble.
  • Handle Emergency Repairs:
    • If a tenant has a problem with their property, they call your property manager to handle the issue no matter what time of day it is. This way you are not handling maintenance issues at all times of the day. 
  • Provide Important Tax Filing Documents:
    • When working with a property manager, they make sure that when tax time comes around they give you the important documents you need to file your taxes.

 

WiscoTurnkey Management

When you work with WiscoTurnkey, we handle everything from finding you the perfect property to working with you to finance the property and handling all the needs of your tenants. All you have to do is pick a property and start earning a passive income immediately. Not sure if turnkey investing is right for you? Talk to one of our experts to learn more about our process.

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