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Top 3 Stressors and Solutions of Property Management in Gwinnett

property management in gwinnettOwning, renting out, and managing a property in Gwinnett does not come without its challenges. Many aspects come together to create a flawless process. From finding and screening tenants to maintenance to daily communication with vendors, tenants, and owners, the list never ends! Proper management is difficult to conduct on your own, and that’s where we come into play! Property Managers are here to take the stress out of renting your property. We focus primarily on communication and satisfaction! But- what do we do exactly? Let’s take a look at the top 3 stressors of property management in Gwinnett, and how we can ease that tension for you as an investor!

#1- Time and Communication

Property Management is very time-consuming and can easily surpass a typical 40-hour work week. Sometimes it can feel like every second of the day is taken up by something else! As a property investor in Gwinnett, chances are that your investment properties are not your full-time job. With that being said, there’s only so much time in a day to get done what needs to be done! By hiring a property manager, we take all those day-to-day operations off your shoulders. Maintenance is handled, move-in and move-outs are taken care of, and any tenant communication is done through our team of highly trained professionals to ensure the satisfaction of not only the residents but yourself as well.

Time

Being able to balance multiple tasks at once is our specialty. As mentioned before it seems like there is always something to do! On any given day Tenant A can have a leak in their kitchen, Tenant B hasn’t paid their rent this month, and Tenant C has a dog living on the property that doesn’t allow pets! Now tell me, if you are working a full-time job as a self-managed residential property manager how would you handle all of that? Our company accesses every situation regarding your investment as our own property, so you can take a breath!

Communication

Daily communication is detrimental in this industry. New property owners, long-time clients and residents, and future residents, all have one thing in common: they come to us as property managers to help guide them through whatever step of the process they are in. We specialize in communication to establish a strong rapport that builds trust while working with us. As a property investor, you always know what is going on with your property and never left in the dark. Transparency is something that we pride ourselves on so you can have a piece of mind with your property.

#2- Finding, Screening, Managing, and Collecting Rent from Tenants

Property Management in Gwinnett is more than simply putting up a “for rent” sign and calling it a day. Countless factors contribute to placing tenants. Let’s start by finding the tenants. Showings and marketing are imperative. As a property manager, you need to be able to basically drop everything and show the property in hopes that a star tenant will arise. Proper marketing will help advertise your residence, which leads to more showings, which leads to more potential applicants.

As a self-managed PM, chances are that you don’t have the accurate resources to screen potential applicants. What this means is that you will not have the security of knowing anything about them; performing intensive screening is crucial when placing tenants. Credit checks, criminal reports, employment, and income verifications are all important aspects to gather while finding residents to live in your property. By hiring a licensed property manager in Gwinnett, you can sleep soundly knowing that we only place tenants who are completely qualified under our strict requirements in your property.

Collecting rent and managing properties go hand in hand, as one would not be without the other. Unfortunately, collecting rent sometimes does not come without a challenge. As a self-managed PM, how would you handle a tenant not paying rent? Don’t worry- again, that’s what we’re here for! Our tenants have an accessible portal where they can make online rent payments. We keep a close on what isn’t paid, and we will take necessary action if need be. Those conversations are not easy, but our team will take the stress right off your shoulders! We are trained to handle tough situations regarding your property, and we have the legal backing to get done what needs to be done to the best of our possible ability.

#3- Maintenance: Physical and Property

Maintenance calls never come at a convenient time, ever! A large aspect of property management in Gwinnett is maintenance and ensuring the property is fully functioning at all times. Physical maintenance of the property is more related to property checks; HOA violations, property assessments, etc. whereas property maintenance is more-or-less the day-to-day issues that arise on the property.

Physical

A considerable portion of your time as a property manager is taken up driving to different properties and performing maintenance. Move-ins- and move-outs can take up much of your time. Checking that the property is in well-enough shape to get ready for the market, and having it cleaned, landscaped, and repaired if need be; all of these tasks take time.

Property

Being on-call to submit maintenance requests to vendors is necessary. All requests should be answered promptly, even the most ridiculous ones. From hot water not working, to a lightbulb that needs to be changed, people rely on their property manager or landlord to take care of these things. Obviously, no one is getting sent out to a property to change a lightbulb, but as mentioned before, those calls need to be answered by someone.

Behind the Scenes

Managing maintenance on your own also requires a certain level of planning and networking. Do you have a list of contractors to reach out to for any and every type of repair? How about backups in case they can’t or don’t respond? Keeping an up-to-date list of vendors requires research, planning, and coordination, all of which take up valuable time. So why not let someone else do it for you? Knowing someone else can verify, coordinate, and complete repairs at your rental property on your behalf is a huge benefit of hiring a professional property management company in Gwinnett.

Real Property Management of Greater Gwinnett’s sole focus is on managing residential rental properties in Georgia. Based out of Lawrenceville, our team is capable and dedicated to helping property owners relieve the stress of managing a rental property. It’s simple: we take the burden off your shoulders while you reap the many benefits of owning real estate. Whether your biggest stressor is coordinating maintenance, collecting rent, or managing tenants, our team is here to support you! Contact us today to find out why so many rental property owners choose reliable Property Management in Gwinnett!

If you are looking to move into Gwinnett County, contact us today and we will help you find the perfect rental home! If you own a home and would like to rent it out in Gwinnett County, reach out to us and we will be glad to assist you in the process!

 

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