About 75% of Americans reported experiencing physical or mental symptoms of stress in the past month. How many of those individuals do you think were new landlords? Landlord stress can cause you to burn out or neglect your investment properties.
Before that happens, request landlord rescue services in Tulsa, OK. Not convinced you need help? Read on to discover it's time to request a rescue now.
Landlord Stress
Are you struggling to sleep or focus? Chronic stress can negatively affect your cardiovascular health, immune and digestive systems, and mood. Symptoms include:
- Heartburn
- Rapid breathing
- Headaches
- Increased depression
- Insomnia
- Weakened immunity
- Increased risk of heart attack
- Pounding heart
- High blood pressure
- High blood sugar
- Stomachaches
- Tense muscles
If these symptoms sound familiar, call a property management company. They can help you work more efficiently. Their services will save you time and money while reducing your stress levels.
Choose a full-service property management company. They can handle everything from marketing and maintenance to rent collection and evictions. Instead of feeling stressed, you'll have peace of mind knowing an experienced team is managing your properties.
A High Rental Vacancy Rate
A high rental vacancy rate can cost you thousands of dollars every month per property. If you're struggling to fill vacant units, call for help. Your property managers can:
- Clean each property
- Stage each unit
- Hire a real estate photographer
- Optimize your online listings
Choose companies that use traditional and digital marketing strategies. Social media marketing and paid advertising will maximize your reach online. As you reach more renters in Tulsa, you can start filling vacant properties.
You Own Multiple Properties
Owning multiple properties can become time-consuming and expensive if you don't have help. Perhaps you own multiple properties in different cities or states. Don't stretch yourself thin.
Instead, look for a property management company with local experience. They'll keep track of local laws and regulations that can affect your real estate investments. Leveraging their experience and services will help you avoid stressful situations.
Tenant Problems
Are you screening rental applicants before choosing tenants? Failing to screen applicants could lead to individuals who:
- Pay rent late
- Damage the property
- Fail to follow your rules
- Disrupt neighbors
Your property management team will thoroughly vet every application you receive. They'll run a criminal background check, review credit scores, and look for eviction histories. With their help, you can choose reliable renters.
Property Maintenance Delays
Delaying to complete property maintenance projects can lead to upset renters. Your tenants may decide to take legal action or move out. Meanwhile, your investment properties will deteriorate.
Choose a property management company that will keep up with inspections and maintenance. Maintaining your investment properties will save you money on future repairs.
Call for a Landlord Rescue Today
Managing multiple properties alone can lead to unnecessary landlord stress. Instead, hire a property management company. Their landlord rescue services will help you thrive in today's competitive market.
Our team at PMI Green Country has 20 years of industry experience. We use award-winning strategies to help investors maximize their profitability. Contact us today for a rescue!
