Owning and managing property are 2 different skills. Without knowing the responsibilities involved, many property owners purchase properties to manage by themselves. A landlord/property manager needs to know the responsibilities involved, before choosing to handle property management. For more information you can call at (914) 288-6023 and fax at (866) 314-9739. You can send mail at info@realpropertymgtor visit www.westchester.realpropertymgt.com.
What is involved in effective property management?
1. What is involved in effective
property management?
Ph. No.(914) 288-6023
Fax: (866) 314-9739
www.westchester.realpropertymgt.com
2. Responsibilities involved in property
management
• Owning and managing property are 2 different skills.
Without knowing the responsibilities involved, many
property owners purchase properties to manage by
themselves.
• A landlord/property manager needs to know the
responsibilities involved, before choosing to handle property
management.
3. Knowledge of landlord/tenant law
• You should be familiar with the property management laws
of the state of your residence. If the owners fail to follow the
law, they may face severe fines.
4. Time and expense spent visiting properties
• To check the condition of your rental properties, you have to
visit them regularly and should be able to perform
emergency maintenance.
• If owners’ properties are far away from home they have to
spend a lot of time in transit. If owners decide to selfmanage too many properties, they have to spend all the
time leaving other jobs behind.
5. Ability to deal with tenants
• A landlord should know how to deal with tenants and how
to advertise his property to attract them. They should
periodically collect rent from the tenants and solve any
issues they rise.
6. Responsibility for repairs and maintenance
• A landlord has to perform all the maintenance by
themselves. A landlord needs to have basic
plumbing, electrical, carpentry and landscaping skills to
properly maintain a property. Otherwise, they have to spend
revenue on repair services.
7. Good property management software
• If an owner needs to manage large number of properties, then they will
have to invest in software for property management.
• If a property owner has a growing number of properties, it is better to
hire a good property management company to handle all the above
responsibilities instead of wasting time and money through improper
property management skills.
8. Rental property management company in New
York
• Rental property management Westchester Company Real Property
Management manages your local properties with expertise and
reliability.
• They have local real property management teams consisting of highly
trained experts in every aspect of property management, including
marketing, leasing, maintenance, collections, evictions, accounting, insp
ections, and legal compliance.
9. Contact Us:
Real Property management, Westchester
Add: 777 Westchester Avenue, Suite 101
White Plains, NY 10604
Ph. No: (914) 288-6023
Fax: (866) 314-9739
www.westchester.realpropertymgt.com