Are you struggling with headaches, a lack of sleep, and muscle tension? It sounds like landlord stress is taking its toll! You don't have to continue managing your properties alone.
Instead, consider requesting landlord rescue services. A property management company can offer the support you need. Already, around 44% of people rely on property managers to ensure their success in today's competitive real estate market.
Not sure if you need a rescue? Read on for the signs it's time to call for help in Mission Viejo, CA!
Landlord Stress
Excessive stress can have a mental and physical toll. You could experience symptoms like:
- Muscle tension
- Irritability
- Headaches
- Insomnia
- Stomachache
- Pounding heart
- High blood pressure
- Heartburn
- Rapid breathing
- Weakened immunity
- High blood pressure
Stress can increase your risk of heart attacks, stroke, type 2 diabetes, and other serious conditions. There aren't enough hours in the day to do everything on your list alone. If these symptoms sound familiar, request a rescue.
You Own Multiple Properties
You could stretch yourself thin if you own multiple properties (especially if they're in different areas). Managing multiple properties can steal a lot of time from your day. You'll waste time and money:
- Driving across town
- Handling repairs
- Talking to tenants
- Filling out paperwork
If you don't have enough time to complete these tasks for multiple properties, outsource. Work with a full-service property management company. Choose a company that uses state-of-the-art technology to maximize efficiency.
Your tenants can submit rent payments and maintenance requests through an online portal. Your property manager will handle these requests, saving you valuable time.
Confusing Landlord-Tenant Laws
Neglecting to review current landlord-tenant laws could lead to compliance issues. If you're struggling to navigate these laws, consult an expert. Your property manager will ensure you remain compliant.
Leveraging their legal expertise can help you avoid fines. Otherwise, falling behind can add to your landlord stress.
High Rental Vacancy Rates
How many of your Mission Viejo properties are sitting empty? Even one vacant property will keep you from generating thousands of dollars a month. The best property managers use digital marketing strategies to attract renters.
Instead of a high rental vacancy rate, you can maximize your occupancy rate. Filling every available unit will boost your earning potential.
Late Rent Payments
Receiving late rent payments can add to your landlord stress. You won't have the funds to cover inspections or repairs.
Your property management company can offer you access to an online tenant portal. Tenants can automate payments, minimizing delays.
Troublesome Tenants
Without a tenant screening process, you could select troublesome renters. They may damage your property, pay rent late, and add to your landlord stress.
Allow your property manager to screen applicants first. They'll help you choose trustworthy renters.
Call for a Landlord Rescue in Mission Viejo
You don't have to manage your Mission Viejo, CA investment properties alone. Instead, call for a landlord rescue. Relying on a property management company can ensure your success without stress.
PMI Mission Viejo has 20 years of experience supporting owners like you. Rely on our award-winning strategies to maximize your profitability. Contact us now for a rescue!
