The rental market in the Nashville metro area continues to be volatile. Rents are starting to trend downward. You need every advantage to attract and keep reliable tenants.
Full-service property management gives you an edge. You can increase your returns while reducing the time you spend managing your properties.
Other types of property management help you with one or two aspects of managing your rentals. Learn more about full-service property management and why it could be the right choice.
Find Quality Tenants
The right full-service property management company will help you find and keep good tenants more easily. Their team will market your property in a variety of media. They'll show the unit to potential tenants.
The property management company will screen potential tenants. Tenant screening includes factors such as:
- Credit report
- Rental history
- Current employment
- Criminal history
Thorough tenant screening reduces your risk. Someone with good credit and a consistent rental history is more likely to be a reliable and trouble-free tenant.
Reduce Tenant Turnover
Once you find good tenants, you want to keep them. A property manager has a range of strategies to reduce tenant turnover.
Good community upkeep is a key factor. It makes tenants feel like the property management company cares about their quality of life.
The company has the staff to reply promptly to tenants' communications. They can respond to maintenance requests and other issues in a timely manner.
Keep Your Property in Top Condition
As a property owner, you need to schedule preventive maintenance and handle emergency repairs. These tasks can be expensive and time-consuming. Completing them on schedule is essential for keeping your property in top condition.
A full-service property management company will take care of maintenance and repairs. You save time and money.
Professional property managers have a network of vendors. They can usually negotiate better rates because they're a larger client.
Improve Rent Collection
A property management company can improve your rent collection. They make paying rent more convenient for tenants by offering an online payment portal.
If a tenant falls behind, the property manager will take appropriate action. They will ensure that any late fees or penalties comply with Tennessee law. You avoid the hassle and stress of handling collection issues yourself.
Streamline the Eviction Process When Necessary
You have the legal right to evict tenants who fail to pay rent or cause significant damage or disturbances. However, the eviction process can be time-consuming. A full-service property management company will help evictions go more smoothly and efficiently.
A property manager has experience with the process. They can help you file the paperwork. They can help you follow all the legal requirements.
Choose Full-Service Property Management in Tennessee
Full-service property management has many benefits. A property management company can help you find and keep better tenants. The property manager will oversee preventive maintenance and emergency repairs.
You can relax knowing the property management company is handling rent collection and evictions.
Green Tree Property Management is one of Tennessee's premier full-service property management companies. Our professional, local property managers specialize in Nashville real estate.
Schedule a consultation today to discuss our property management options and choose the best fit.
