Property Managers Tips
As a property manager, you spend a great deal of time catering to other people. You answer tenants’ calls about maintenance issues, you field calls from prospective tenants about rental properties, and you spend a lot of your time showing properties to people that may or may not decide to rent from you. It’s a property manager’s job to do all these things and it can be overwhelming. Here are some tips to help you stay on top of your game and make it easier for you to deal with all that a property manager does.
Utilize SMS Marketing
This is going to make your job so much easier. Instead of fielding calls from would-be renters that never lead to an actual rental contract, you use the services of Propertybytext.com to do the heavy work for you. By placing a keyword and text code at your rental property locations, or incorporating QR codes into your rental advertisements, interested renters can get a wealth of information about the property right on their cell phones, without ever having to bother you. You no longer waste time dealing with people that truly aren’t interested in renting your properties.
What’s more, when the prospective renter texts for more information, you gain access to his cell phone number, and you choose if, and when, you call him back.
Besides utilizing Propertybytext to free up a massive amount of time in your day, there are other things you can do to make your properties more appealing to prospective renters.
- Make your property appealing to good applicants.
- Make repairs as soon as you know about them. Do not wait until a housing inspector cites you.
- Get a copy of the police call report for your properties on a monthly basis.
- Get to know the neighbors near your properties. Ask to exchange phone numbers and ask them to alert you if they notice problems.
- Perform regular inspections of the properties.
- Periodically ask tenants if everything is working properly.
- Stay on top of all paperwork, forms and government requirements.
- Ask your tenants to tell you any time they see peeling paint. Address it quickly.
Keeping your properties in tip-top shape is not the only thing you need to do as a property manager. Making sure you only rent to good people that you trust to care for the place will help you with upkeep.
- Use a written screening process for all applicants.
- Run credit checks on all prospective renters.
- Run criminal background checks before approving any prospective renter.
- Verify rental history (if applicable).
- Obtain references, preferably at least one previous rental property owner.
- Require identification always.
The benefits are many when a property manager takes pride in his work and goes the extra mile to ensure his tenants are happy. Your properties will be better cared for because good tenants want a nice place to live, there will be less “turnover” – your renters will happily remain living there for longer and it will improve property values in the neighborhood. As a property manager, you will be able to spend more time on routine management and less time on crisis control.