How to be a homeowner without a headache
It seems that almost everyone reaches a point in their life where they want to be a homeowner. From reality TV shows to glamorous stories about how some prominent people went from working full time to making hundreds of thousands of dollars off their rental properties, it’s really no wonder why people think homeownership is so lucrative and nice. After all, at first glance, it seems that owning a ton of properties and waiting for the rent checks to arrive every month would be so simple and carefree. Not to mention, you could make a lot of money just doing a bank run every month.
Of course, in reality, life as a homeowner is not at all simple.
Landlords have to deal with everything from minor plumbing system hiccups to electrical issues, house updates, tenant damage, and more. In many cases, they also have to tend the lawns on their properties, schedule maintenance checks, and pay for all kinds of repairs, most of which are likely caused by tenants who were leaving. Keeping up with due dates and deadlines is another hassle, and when you start looking at the long list of responsibilities a homeowner is expected to handle, it becomes clear that it might not be such an incredible option after all.
But despite all the headache, it’s still very lucrative. And by finding the right tenants, you can save yourself a lot of trouble. However, even with these things in mind, landlords must ensure that the lawn is taken care of, the home is maintained, that repairs are fixed in a timely manner, and that all issues raised by tenants are addressed. This means getting a lot of phone calls, scheduling a lot of handyman visits, and even advancing money for these things out of pocket. Rent checks are usually enough to keep landlords inspired to move on, as this hard work surely pays off at the end of the money, but between paychecks, it can be difficult to handle everything.
That’s where a property maintenance company often comes into play. Whether you have one property or many, a property maintenance company can help make sure everything is resolved quickly, easily, and with a smile. Instead of spending countless hours talking to tenants, scheduling repairs, and meeting with the people you hire, a property maintenance company will take over that role and basically handle all the headaches of being a landlord.
Once you give your tenants the number, they will call the company to report any problems with the property. The company will then be responsible for handling all the necessary maintenance and repairs, and will then give you a summary of what happens each week. In other words, your job is to relieve your stress and assure you that everything is fixed.
The end result is that you have more time and energy to invest in marketing your properties, worrying about expiration dates, and cashing checks.