PRS Property Management has a wide range of experience servicing the Phoenix area including Tempe, Chandler, Ahwatukee, Mesa, Gilbert & Queen Creek.
There is often a need to use outside professional service providers in order to be a successful rental property owner. One definition of a property manager is someone who manages real estate for another person in exchange for compensation. Many duties are involved, including marketing of the property, screening tenants, collecting rent, maintaining the property and handling tenant problems. We pride ourselves on providing professional property management and knowing how to handle many tasks relating to properties and tenants. When problems exceed our professional knowledge, or our own legal authority, we advise property owners to seek out qualified professionals to support and protect their investment.
A good insurance agent is a necessity. Insurance agents can advise landlords when policies shift, when new policies are available and of course they also help property owners find the best possible coverage for the lowest price. Some investors are capable of preparing their own taxes, but many are not. A good professional tax person can often save property owners money by knowing and using every tax advantage allowed.
Too often, a property owner with tenant problems will contact an attorney they have used for other personal or business legal issues. However, not every attorney has the knowledge and experience necessary to handle difficult landlord and tenant issues. When in doubt, ask your attorney about the real estate experience in the firm and compare fees.
Investors want to be sure they are getting the best possible mortgage advice when they are buying or refinancing a property. A good loan person can map out all the fees and provide an overview of the best mortgages available and how those loans will perform over time.
When we require the services of a professional outside our own property management field, we will advise you of what you need and provide referrals. A combination of professional service providers is necessary for the success of an investment property.
If you have any questions about what kind of services you might need to keep your rental property running smoothly, please contact us at PRS Property Management, and we would be happy to help you.
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