A lease is like a prenup between a landlord and a renter. It's a document of rules about what to expect in the relationship and what happens if they're broken.
Write it well, and it's happily ever after. Write it wrong, and you could be in for a nasty split.
Would you trust a document that important to just anyone? Would you trust yourself to write it?
Luckily, you don't have to. Read on to learn the benefits of hiring a leasing-only service in Forth Worth, TX.
1. Professionalism
One of the best rental management tips is to remember that you don't know everything and to defer to those who know more. Hiring a leasing-only service means getting professionals in a wide range of areas.
They're marketing experts who know how to attract as many tenants as possible.
The right rental rate can make or break an application. Leasing-only services can help you set one around the average for Forth Worth, which is $1,240 per month.
They know what tenants in the area want and can recommend the best improvements. They'll also create attractive listings that make the property look its best with professional photographs and text.
Finding tenants is only one-half of the battle. They also know how to screen these tenants. You'll only get the best applicants who'll pay rent and take care of the property.
Leasing-only services are legal experts. They know federal, state, and local laws for Forth Worth property leasing and management and how to keep you compliant.
2. Reduced Vacancies and Consistent Income
"Vacancy" is the ultimate dirty word in the language of a landlord. Having a property without a tenant is like running a train and using money for fuel. The maintenance work alone can put you in the red.
A leasing-only service can fill these units sooner than you could alone. They'll also encourage lease renewals so that your current tenants will stay longer. This combines to help you reduce turnover costs and get a steadier income stream.
3. Hassle-Free Process
Time is the most valuable asset that anyone can possess. The money that leasing-only services can make you is nothing compared to the time they can save you. Why waste your weekends on landlord services such as reviewing applications and collecting rent?
A leasing-only service takes care of it all for you. You won't have to put in the time, money, or effort to find consistent quality tenants. You get all the leasing advantages with none of the effort or drawbacks.
Where to Find a Leasing-Only Service
A leasing-only service offers expertise in marketing, tenant screening, legal compliance, and more. They provide landlords with a hassle-free way to reduce vacancies and create a consistent income stream.
1st Choice Property Management has been serving clients since 1993. We provide them with a high level of care and attention and manage every property as if it were our own.
Let us take the struggle of keeping your investments profitable off your shoulders. Contact us today to experience the many property management benefits we can provide.
