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Property Management: Why You Need the Support of a Full-Service Company

Property management companies are used to manage properties as well as sources for tenants. If you are a property owner, you want to make sure that your building is managed and maintained so you can maximise your investment. That is why the choice for a property management company is important.

Whether you are a landlord of one building, own a multi-let, or preside over several properties, you need to rely on a property management company’s services.

How a Property Management Firm Can Help

The following list represents some of the ways that property management companies assist landlords or property owners.

  • Marketing of properties or vacant rooms by Eastbourne letting agents
  • Preparing rooms or properties for tenant use
  • Screening tenants
  • Preparing and initiating current rental contracts and licences
  • Collecting rents
  • Chasing late rents
  • Providing monthly accounts of financial activities
  • Coordinating maintenance activities
  • End-of-year reporting services, including tax filing
  • Continually maintaining and caring for properties
  • Inspecting properties monthly
  • Performing check-outs with tenants, including reviewing conditions and discussing deposit deductions, if necessary

Landlord-Based Information and Advice

Property management companies also offer landlords and property owners a number of helpful resources that they can utilise for their rental properties. Some of the guides or information include the following:

  • Information on landlord duties
  • Fire safety advice for landlords
  • Licensing houses with respect to multiple occupation
  • Electric safety for landlords

As you can see, there is a lot to consider when it comes to managing a property. That is why you need to turn over the activities to a reliable provider.

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