Owning a rental property can be an excellent source of passive income for the property owner. However, if you try to manage your own rental property, you might find yourself struggling to make all the important decisions that go into marketing and managing a rental property. How much rent should you charge? What repairs and maintenance tasks could help you rent your property out for more? Should you allow pets?
The pets question is a great example. There are pros to allowing pets (a greater pool of potential tenants and pet fee add-ons), but there are also cons (damage to the property and liability for pet behavior). Most property owners aren't familiar with market expectations property management techniques that can mitigate the negatives. Our expert property managers know what most of the properties in your area are doing and they know how to make sure your property has the perfect pet policy to maximize your investment.
There's no reason to make these difficult decisions on your own. Our property managers have years and years of experience managing all types of properties. Contact PMI today and put their experience and expertise to work for you.