Tuesday, November 29, 2011

What new landlords don’t know

Often times, when a new property owner plans to rent their units, they think it will impact their bottom line too much. Wrong! Hiring a company like Fred Leeds Property Management will not only save you time and hassle, it will ultimately make your bottom line greater than you imagines. The next time you consider managing your own properties rather than hiring a South Bay property management company, remember a few key things.

Thorough legal knowledge is necessary
If you don’t have a real estate background, the intricacies of housing laws and regulations can be overwhelming—unless, of course, you’re working with Fred Leeds properties. Property management is hardly limited to finding tenants and collecting rent. There are myriad compliance issues with Fair Housing Laws, as well as the need to protect your rights and handle messy situations like evictions and late rent. Plus, these laws are always changing, which requires landowners to constantly stay abreast. When you work with Fred Leeds Property Management, we ensure that all compliance issues are met and that your rights are protected.

Tenant screenings are not easy or straightforward
Finding quality tenants is critical to your success as a landlord. When a tenant doesn’t take care of your property or damages it, this can cost you money and hassle in the long run. When you work with Fred Leeds properties, we make sure to perform thorough background checks on potential tenants, and interpret the results using our years of experience.

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