Being a landlord isn't as simple as it may seem. Leasing, maintenance, repairs and collections become a daunting task for many, which is a good reason to hire a professional property manager.
Many people who own properties decide to rent them out rather than sell. This is done for a number reasons. Many people, especially in the Houston area, move around for work and eventually want to come back to their home, so while they're gone the asset can be used and maintained. Others want to own a number of different rental properties as a source of growing equity and income. Regardless the reason, it's extremely beneficial to work with an experience property manager.
Property management services include handling any regular scheduled maintenance on the home, or any unexpected problems with the home. Any good property manager knows what is covered under a contract and what is the renter's responsibility. For instance, if a tenant clogs the drainage due to negligence, it's the renter's responsibility to fix the issue - not the property owner. As well, if the air conditioning or heater goes out, it's the property manager's responsibility to have the problem remedied in a short amount of time. Knowing what party holds the responsibility can save the landlord a significant amount of money.
