Self Managing Landlords

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Most landlords underestimate the time energy, and attention it is going to take to manage a property. Property management can be challenging, time intensive, and stressful, but with systems and strategies it doesn't have to be that way.

Some common problems that self managers run in to are screening for the right tenants, collecting rent, and handling maintenance. Dealing with these problems can cause stress, frustration, or even burnout. Even worse you could suffer from financial losses, legal issues, or wasted time. The solution is simple: build a system that provides solutions. If you know you have to screen tenants then implement a system that does this automatically. If you don't want to collect checks for rent find a system that does online payments. If handling maintenance calls and getting the work done is a problem, then use a portal and hire an on call maintenance tech. Your systems are tied to your success. It is easy to be successful when you have the right processes and strategies in place. Use this information and these resources to gain back your time, so you can focus on what matters most.

While systems should make your life easier, they are not the only thing that will make you successful. If you are a landlord your property is your business. You want to make sure your business is running efficiently and effectively. Your business success is tied to your tenants, so it is important to keep them satisfied. Happy tenants are more likely to pay rent on time, take care of your property, and stay long term. All of these things affect your cash flow. 

Learn About Systems You Can Use Here

Learn How To Deal With Maintenance Here

Your property is a business and it's important to make sure your business runs effectively. A business can only be successful if it has customers. Your tenants are essentially your clients. You have to make sure the ideal client gets in the door, they pay for your product/service, after all that you have to make sure to keep them happy. The key to managing all this is to create a system. When you have a system you have solutions