Post and Courier: Property Managers Keep the Headaches Away

As a property owner, many investors and homeowners consider whether to hire a property manager or self-manage their rental properties. While self-managing may seem like a cost-effective option, it is important to understand the legal and practical implications of this decision.

One of the biggest advantages of hiring a property manager is avoiding legal issues. Property management is a complex field, and there are numerous laws and regulations that you must comply with as a landlord. This includes fair housing laws, health and safety codes, and local rental regulations. Failure to comply with these laws can result in costly legal battles and fines. A property manager will have a thorough understanding of the laws and regulations that apply to your property, and will ensure that you remain in compliance at all times. They will be equipped to handle compliance in lease violations, security deposit disbursement and other matters that could result in the owner paying out triple damages under SC Law. At Family Owned Property management you get the extra benefit of know its founded and overseen by a licensed SC lawyer who specializes in Landlord/Tenant law.

Another advantage of hiring a property manager is the peace of mind that comes with having a professional handle the day-to-day management of your property. As a self-manager, you will be responsible for handling tenant inquiries, maintenance issues, and rent collection. This can be a time-consuming and stressful process, especially if you have multiple properties. With a property manager, you can relax and enjoy the financial benefits of being a landlord without the headaches that come with managing your properties yourself.

Finally, one of the biggest benefits of hiring a property manager is the ability to avoid after-hours calls. As a landlord, you are responsible for addressing any issues that arise with your property, even if they occur outside of normal business hours. This can be especially difficult if you have a full-time job or other commitments that prevent you from being available 24/7. A property manager, on the other hand, is available to handle any emergencies that may arise, so you can rest easy knowing that your property is in good hands. Read the article recently written by Post and Courier to hear more about the 2pm and holiday nightmares you can avoid by hiring the right property manager.

In conclusion, hiring a property manager is a smart choice for any property owner. Not only will you avoid legal issues, but you will also have peace of mind and the ability to sleep through the night without worrying about your properties. So, if you're considering self-managing your rental properties, take a step back and consider the advantages of hiring a professional property manager.