Call: (248) 474-6464
Honest and reliable property management for Southeast Michigan
24/7 Client Access Center
Owner Sign-in Tenant Sign-in

Advantages of Hiring a Property Management Company

While investing in and leasing property has many advantages, being a landlord presents a variety of challenges. If you don't have the time, know-how or interest in being a 'hands-on' landlord, then hiring a property management company is your best option.

A property manager not only handles the day-to-day tasks that are required of property ownership, but they can also add significant value to your investment. Here are just some of the advantages of hiring a property management company:

They'll Screen Tenants

An experienced property management company has dealt with thousands of tenant applications and knows how to look for red flags when reviewing paperwork and in face-to-face interviews. Letting your property manager handle the screening process will increase your chances of getting a trouble-free tenant and decrease tenant turnover.

Better Maintenance and Lower Repair Costs

Unless you're skilled in dealing with a wide variety of maintenance issues, it's best to leave it up to the professionals. By hiring a property management company, you gain access to their trained maintenance staff, as well as to their network of licensed and insured contractors. Your tenants will be happier, and you'll preserve the value of your investment.

Better Rent Collection Process

How late payments and rent collections are handled are crucial to your success as a landlord. Collecting rent on time is the only way to ensure consistent cash-flow, and it's the property manager's job to ensure that rent is paid or that a tenant is evicted when it isn't paid. 

Fewer Legal Issues

Did you know that there are strict laws regarding the eviction process? A good property manager has knowledge of all the latest laws involving tenants and landlords and won't leave you vulnerable to potential legal hassles that are expensive and time-consuming. There are not only federal laws that you must follow, but also laws unique to each state and municipality.

If you're looking for reliable property management services, look no further than Mutual Property Management today!

5 Questions to Ask Your Rental Applicant

Every landlord wants to avoid bad tenants as these people can cause problems for the landlord and the other tenants as well. One good way to avoid bad tenants is by having a proper screening process before you sign an agreement with the applicant....

Helpful Tips For Finding The Right Property Manager

Whether you're renting out your home or several properties, getting a reliable property manager on board can save you time, stress, and money in the long run. You’ll trust this person to deal with your tenants, make repairs, and collect...

How Do You Ensure Tenant Safety On Your Property?

Residential property owners have a crucial responsibility of ensuring that their tenants have a safe home. Apart from ensuring that the property is structurally sound, the landlord must think about the safety of the tenants. While it is not...

The Deadly Sins of Property Management

The property management landscape is full of ticking time bombs waiting to explode. From tenants, owners, housing authorities or service people, property managers face an incredibly long list of potential hazards. Here are some of the deadly sins...