What is residential property management and why do you need it?
If you own a rental property in Salt Lake City, it’s natural to want to provide the best service so you can retain quality tenants. But it isn’t easy — especially if you have other matters to take care of. This is where residential property management becomes essential.
At its core, residential property management is overseeing rental real estate. This includes apartment complexes, detached houses and condominiums. Unlike commercial properties, the turnover rate is high in residential real estate; a lease for a residential property generally lasts six or 12 months. Thus, a property manager’s job is mostly geared toward marketing, arranging showings and leasing the property.
Residential property managers act on behalf of you, the owner, to preserve and even raise the value of your rental property, making it attractive to tenants and helping you generate income.
The responsibilities of a property manager vary, but some tasks are common among all property types. The following are the typical responsibilities of residential property managers:
- Tenant screening
- Property maintenance
- Rent collection
- Property budget management
- Tenant issue management
- Tenant eviction
Why Choose Epic Property Management?
We make residential property management easier for you. With the help of Epic Property Management’s services, you can enjoy the benefits of being a rental property owner without the difficulties associated with being a landlord. We help you:
Lease to High Quality Tenants
We have mastered the art of screening tenants. In all our property management projects, we have rarely had tenants who caused problems thanks to our 30+ years of experience.
Make Better Use of Your Time
Our property managers also handle your day-to-day operations so you can spend more time at work or relaxing.
Secure Your Property
We keep operations running smoothly, making sure that your assets are protected while your tenants live on your property, in safety and security.
Generate Passive Income
Our efficient property management means you need not worry about tenant turnover rates and building expenses. We’re here to keep those low, and to keep your earnings high.
Ready to experience the Epic difference? Contact us today at (801) 548-4487.
