Why Is Having a Property Manager Important?
Here is a VERY SHORT LIST of what property management companies can do:
Determine what to repair and assist in carrying out the repair.
Determine the rental rates to ensure the rental is rented quickly.
Help find correct rental rates. These help with the advertisement and financial responsibilities that relates to tenants.
Handle rent collection and eviction of tenants. A good property management company ensures that evictions are based on a mutual agreement.
Carry out frequent visits and inspections of the property to stay up to date on the state of the property.