Why You Need a Licensed Property Manager for Your Long-Term Rental

For many long-term rental property owners, finding the perfect property manager feels daunting. What should your property manager take care of? What qualifications should they have? These and any other questions you have are valid thoughts that we often get asked by owners at Village Properties at Sunriver, and we are here to help answer these and more!

What Does a Property Manager Do?

The biggest (and most important) thing that a good property manager does is make your life as the long-term rental owner easier! Property Managers take on tastes that are often time consuming, overwhelming, or outside of the homeowner's abilities.

Our team at Village Properties at Sunriver goes above and beyond to make our long-term property owners enjoy the benefits of their rental property with way less stress. We specifically offer out owners many unique and helpful services, including:

• Access to and Guidance from Our Dedicated Team of Licensed Professionals

• Marketing For Your Rental to Quickly Find Tenants

• Specialized Knowledge Regarding Properties and Rental Laws

• Full-Time Maintenance & Housekeeping Staff

• High Quality Home Photography for Listings

• Access to a Vacation Rental Cross-Over Program to Benefit from Short-Term Renters During Peak Vacation Season

• And Much More!

When choosing a property management partner, be sure to select one that give you the most benefits that suit your needs!

What Makes a Property Manager Qualified?

Many property management companies say that they have an outstanding property manager without information to back it up, but we have the history and testimonials to prove that we do! Village Properties is a rental property management team that cares for our clients and their properties, and only hires the best. We take pride in having a licensed property manager and supporting team members who keeps up with everything concerning long-term rentals, including the constantly shifting laws and codes related to them. Our property managers continue to further their education annually to ensure that your property complies with all current and new laws.

Don't lose money due to fines from being out of compliance! Work with a property manager who keeps your profit in your pocket by knowing the tenant-landlord laws.

When Should You Hire a Property Management Company?

This is another common question that many property owners ask. We have to say that you will know when the time comes, as there are signs that will make it clear. If you're feeling like all the tasks and to-do's of owning a long-term rental are overwhelming and you'd rather spend your time on something different, that is usually when you know it's time to partner with a professional team.

Rather than worrying about all the tenant-landlord laws, how to keep each property separate and organized, or staying hands-on with your tenant(s) and their needs, let our Long-Term rental team take over.

A few things to consider that help you know when it’s time to hire a property management team include:

• You have more than one property: we have noticed that the more properties you own, the harder it can be to manage it yourself.

• Not living near your long-term rental property: depending on where you may be living in the country, your property may not be immediately accessible. This, in turn, can lead to costly trips to see if something needs to be fixed or checked on multiple times year and can be disruptive to your daily life if any emergencies occur.

• Your time is limited: this is one of the biggest reason owners partner with property managers. The needs of your property and tenant(s) can take a lot of time out of your day to handle anything that needs to be done with the property, especially if you don't live near your long-term rental.

Things to Consider When Hiring a Property Manager

Just like hiring a team to help with any other service, there are some main items you want to consider as you interview different property managers to see who is a good fit for you and your home. Here a couple of our top considerations that we recommend thinking of as you meet with different companies:

• What are my main pain points with my long-term rental (not having enough time, understanding rental laws, not living close to my rental, tenant management, property maintenance, etc.) and does the property manager solve those issues?

• Does the property manager have a qualified team of professionals (spoilers: Village Properties at Sunriver does!)

  • And subsequently, does the property manager have a good history of owner relationships and service success (more spoilers: Village Properties has this too with 40 years of happy homeowners and tenants!)

• What is my budget to hire a property manager, and does this company fit within it?

• Do I feel comfortable with this team, and confident in their abilities to care for my home and tenants?

Get Property Management Help Today

Our experienced and knowledgeable team is here to help you understand your options as a long-term rental property owner. It may be time to allow a professional team to take over your rental property and manage it for you. Taking time off work to go to manage your property on your own can be not only time-consuming but also costly. Rather than worrying about your property, allow us to take over all the tough parts of property management so you can own your rental stress-free. If you’re ready to start with our long-term rental team today to manage your property, give us a call today!