It’s not always easy being a property owner. Answering constant phones calls from tenants, fixing clogged drains and broken air conditioners, all while managing finances and bookkeeping can send any landlord into a tizzy, wishing everyone would just leave them alone for a while.
However, with almost fifty percent of housing in Arlington, VA being rental units and with almost eleven percent of those units being vacant, it’s imperative for a landlord to address every issue that comes along. Renters are fickle and there is never a sense of loyalty for a renter to stay somewhere that doesn’t feel right.
Why Tenants Leave
There are many reasons why tenants leave and not all can be controlled by the property owner. Outgrowing the space, relocating for a job, or losing income are just a few reasons out of a landlords control.
However, unresponsive to tenant phone calls or delaying needed repairs, are also reasons why tenants leave and these are reasons that are completely in the control of the property owner. Renters want to make sure that the money they are spending each month on rent gives them the home they deserve. A home that is well-maintained and a landlord who is always available is what keeps tenants happy and willing to stay.
What Can You Do?
It’s understandable that property owners are busy people. There aren’t always enough hours in the day to address all your tenants concerns. Besides the bookkeeping aspect of the job, a landlord has to be available, almost 24 hours per day. They must address the concerns of the tenant and they must never delay a needed repair. This doesn’t leave much time for spending with the family and friends and enjoying your own life
A professional property management in Arlington, Va is the answer. Property management companies act in your place by answering phone calls in a timely manner, making needed repairs without delay, finding good, qualified tenants to fill vacancies and much more. If there is ever a need to file an eviction notice, a good property management company will take your place and make sure that all goes smooth.
Renting out units and keeping tenants happy is not rocket science, but it does take time that some landlords just don’t have. If you’re having a hard time keeping tenants; finding good tenants to fill vacancies; or unable to make repairs in a timely manner, it is time to consider hiring a professional property management company to help.
Trying to do it alone will only cause hardship to your tenants, leaving you with another vacancy to fill. Consider what a property management company can do for you. Keeping tenants happy will keep them in the unit while allowing more time for you. A vacant unit is an income loss that no landlord can afford. Contact a professional management company today for a better tomorrow.