Owning rental properties is a great way to establish passive income. Unfortunately, it’s not easy to manage all of the day-to-day challenges that come along with owning a rental property, especially if you’re new to owning real estate. That’s where hiring an Oregon property management company comes in.
One of the biggest challenges that comes along with owning a rental property is making sure that the building and grounds are properly maintained. If you have a full-time job and rent properties on the side, it’s impossible for you to be available in emergency situations 24 hours a day, 7 days a week. Instead of stressing about running over to your rental property after work to fix a leaky pipe, hire an Oregon property management company. They’ll take care of the problem and the paperwork so you don’t have to.
Just because you own rental property doesn’t mean you know how to find the right tenants. In addition, the appraised price of your rental property doesn’t necessarily dictate how much monthly rent should cost, which means pricing the unit can be difficult. An Oregon property management company can make sure that the right people are aware of your rental, and they can help you price it appropriately for the market in your area.
Fast, secure payments
Collecting rent is one of the biggest headaches when it comes to owning rental properties. An Oregon property management company will collect rent for you and make sure that you get paid on time each month. Some of the best companies actually offer tenants the ability to pay rent online, which isn’t an option if you collect rent yourself. Plus, online payments will ensure that you get paid even faster!
There are many other benefits associated with hiring a local Oregon property management company to assist you with your rental properties. To learn more about what our property management company can do for you, contact us today.