The American Psychological Association's 2023 Work in America Survey indicates that more than three-quarters of people experience work-related stress each month.
You're well aware that landlords in Lafayette have no shortage of headache-inducing challenges to stress about, including late payments, complaints, repairs, legal complexities, and vacancies, to name a few. However, you may not know just how much you can simplify everything for yourself. All you need is a bit of guidance.
Are you tired of juggling endless tasks and dealing with difficult tenants? Read on to learn how to reduce landlord anxiety and make your job much easier.
Turn Vacancies Into Opportunities With Smart Property Marketing
You've listed your property on popular rental websites, but inquiries are few and far between. How can this happen?
Some of the most common reasons why rental properties remain vacant for long periods include:
- Overpricing
- Low-quality photos
- Poor online advertising exposure
A professional rental market analysis from a reputable property management company like PMI will help you determine the ideal rental price for your property. We also take gorgeous, eye-catching photos and have software that ensures your listing is available on all the most-visited rental sites.
Take the Guesswork Out of Tenant Screening and Rent Collection
Maybe it took you forever to find a tenant on your own, but now they're late on the rent -- again. Now, you're busy looking for ways to manage landlord stress.
Outsourcing your tenant screening helps you find trustworthy, reliable tenants quickly. While adhering to the Fair Housing Guidelines, we at PMI verify the following (and more) during our thorough tenant screening process:
- Identity
- Income
- Employment status
- Credit score
- Rental history
Our 24/7 Online Tenant Portal makes it simple for tenants and landlords to keep track of payments. And if something goes wrong with a tenant we placed, our Eviction Protection Plan can help ease your emotional and financial burden.
Prevent Emergencies With Proactive Property Maintenance
Let's say you get up early and start your day with a text message from a tenant that reads, "The bathroom is flooded."
With a preventative maintenance plan that involves following a routine rental inspection checklist a couple of times per year, you can reduce your chances of this type of problem. However, even if you inspect and service your systems regularly, emergencies can still occur from time to time. At PMI Lafayette, we also offer the following to help you deal with property maintenance issues without the headaches:
- 24/7 support for maintenance issues
- An emergency line
- An online portal with easy access to records and real-time updates
- A network of reliable tradesmen
Stress-Free Solutions for Lafayette Landlords
Whether you manage commercial or residential properties, our team at PMI Lafayette can help you tackle all of the tasks and challenges mentioned above with our full-service approach to property management. We're a locally owned office backed by the fastest-growing property management franchise, with more than two decades of experience.
Let us handle the most stressful and time-consuming parts of the job so you can focus on expanding your portfolio and doing the things you enjoy. Contact us today to learn more about how we can simplify property management for landlords like you.
