inception-app-prod/MzQwNWRkZTItM2U0Zi00ZDhiLWFkYjAtODc2YzU4Mzg0Yzkz/content/2021/06/a821cbf66054609dac78477f5a38a73d.png
  • Home
  • Our Listings
    • New Listings
    • Featured Listings
    • Advanced Search
  • For Lease
  • Our Services
    • Sales
    • Property Management
  • About Us
    • Our Team
    • Our Story
    • Our Offices
  • Our Blog
  • Contact Us
Hometown Realty

662.570.1051

info@hometownrealtyms.com
Sign In
Sign Up
inception-app-prod/MzQwNWRkZTItM2U0Zi00ZDhiLWFkYjAtODc2YzU4Mzg0Yzkz/content/2021/06/a821cbf66054609dac78477f5a38a73d.png
  • Home
  • Our Listings
    • New Listings
    • Featured Listings
    • Advanced Search
  • For Lease
  • Our Services
    • Sales
    • Property Management
  • About Us
    • Our Team
    • Our Story
    • Our Offices
  • Our Blog
  • Contact Us
inception-app-prod/MzQwNWRkZTItM2U0Zi00ZDhiLWFkYjAtODc2YzU4Mzg0Yzkz/content/2021/06/a821cbf66054609dac78477f5a38a73d.png
inception-app-prod/MzQwNWRkZTItM2U0Zi00ZDhiLWFkYjAtODc2YzU4Mzg0Yzkz/content/2021/09/houserow.png
Market InsightProperty Management

5 Reasons to Hire a Property Management Company

Jody Davis, Broker,10/8/2021

Are you fascinated with the idea of investment property but get freaked out when you think of all that can go wrong?  I was too.

When I bought my original investment property, I nearly backed out of the deal because my mind went to a dark place when thinking about tenant calls, leaking toilets, and the absolute worst, evicting a tenant.

All these are enough to make you run away from investment property and into the safer world of stocks, bonds, etc.  Boring, but safe.

I went through with that original investment property and learned all the ways of what NOT to do. 

Standing in the doorway after evicting my original tenant with a fish tank left in the living room floor and a dog in the back bedroom, I
couldn’t help but smile to keep from crying. This is that dark place my mind went to before the purchase.  “I have a lot to learn”, I thought.

So, when we talk about our property management company at Hometown, we mean it in the most humble of ways. 

We have in every way built it from the ground up…fish tanks and all.

1. Time

Real estate can be one of the most lucrative ways to invest your extra income. 

Income, debt pay down, tax benefits, appreciation are just a few of the ways real estate can provide to your bottom line.

Real estate is great because you can let your money work for you. 

When you manage your own properties, you end up working for your money.

Freedom to focus on what you love will help in every area of your life.

2. Timely Rent Collection

Collecting rent in an efficient manner can be time consuming. 

Early on, I used to drive over to tenant’s homes and collect rent on the coffee table in person. Obviously, not the most efficient way to collect rent.

It can also be hard to use structure when you personally own the property you are trying to manage.

Many times, I would make concessions early on because these were friends.  “I don’t have the full rent of $600, only $200 today.  Can I pay
you the rest later in the month?” “Sure.” 

If you’re anything like I was early on, a property manager can directly affect your bottom line by using systems to collect rent on time without emotion.

3. Finding Tenants

One of the hardest things about rental property is finding a good, dependable tenant.

After all, your ability to find a tenant who checks all the boxes will determine the success of that investment.

Property management companies will provide background checks, credit checks, and a thorough vetting process to make sure your

investment is protected.

4. Maintenance 

The first thing I often hear from someone on the fence about rental property is...

“I just don’t want to have to fix a leaking toilet in the middle of the night.”

Luckily, with a property management company, this particular nightmare, along with a laundry list of others, is handled.

They will have a full list of preferred vendors who they will call on in the event your property does indeed have a 2 am toilet leak.

5. Turnover

In the event a tenant moves out, it can create a whole new level of stress for a landlord. 

Assessing the damage, coordinating repairs, and finding another tenant can be enough to make most give up.

A good property management company will lean on their expertise to make this process as efficient as possible. 

Alas, all you have to do is spend time at the beach with your family while we handle this process.

If you have rental property and are tired of the hassle, give our Property Management division a call today. 

We have built it from the ground up by finding a way to improve the process with each new property. 

Real estate is exciting. Don’t let the excitement fade away by continuing to do what you don’t like.

Your bottom line, and your sanity, will be much improved by giving us a shot.

Print Details
Previous post
Next post
Real Estate Matters
3 Tips for First-Time Home Buyers
inception-app-prod/MzQwNWRkZTItM2U0Zi00ZDhiLWFkYjAtODc2YzU4Mzg0Yzkz/content/2021/06/a821cbf66054609dac78477f5a38a73d%281%29.png

Office Information

Hometown Realty - Columbus410 Main St. Ste 1Columbus, MS 39701
662.570.1051
info@hometownrealtyms.com

About Us

  • Our Team
  • Our Story
  • Our Offices

Property Search

  • Search

Consumer Protection & Privacy

  • DMCA Compliance
  • Accessibility
For ADA assistance, please email compliance@placester.com. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information.

© 2022 All rights reserved

Created with Placester

Sign in

Sign in with your email address

Sign In
Forgot your password?
Create an account
You have been successfully logged in
The page will reload automatically.
Go to the homepage
Sorry something went wrong
Login or password are incorrect. Please try again.
Try again

Sign Up

Sign Up
Already a User? Sign In
You have been successfully registered
Please check your email.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Reset password

Enter your email address

Reset password
Return to Log In
Reset password email has been sent.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Change password

Change password
Your password has been successfully reset.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

We Want to Help You

YesNoNo, I'd Like a Hometown Agent to Contact Me
This field is required.
Within 30 daysWithin the next 3 monthsWithin the next 6 monthsNot sure - just browsing
This field is required.
Single FamilyMulti-FamilyCommercialLots/Land
This field is required.
YesNo
This field is required.
Under $100,000$100,000+$200,000+$300,000+$400,000+$500,000+$750,000+$1,000,000+
This field is required.
Yes
This field is required.
Send
Succes! Your message was sent!
Thanks for filling out our form! We will look over your message and get back to you quickly.
Back to homepage
Oops! Error occurred.
Please try again.
Back to form
Already a User? Sign In

Account verification in progress

Please wait...

Account Verified!

You may now log in into your account
Go to the homepage

Verify your email address

In order to log in to your account, you need to confirm your email address. Please check your inbox!
Go to the homepage

Share this listing

Copy Link