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Tom Mobley
We offer property management in Beaufort, SC for commercial and residential rental properties. Let us take the hassle out of owning rental property. [MoreÖ]

Why hire a Property Manager? Submit your Property!

Here are some great reasons why you should consider hiring Mobley Properties:

You have lots of properties or rental units. The more rental properties you own and the more units they contain, the more youíre likely to benefit from a management company.

You donít live near your rental property. If your rental property is located far from where you live, hiring a property management company can be invaluable in dealing with the many issues that you will not be able to handle from afar.

Youíre not interested in hands-on management. Many landlords look forward to the challenge of finding good tenants and the rewards of maintaining a safe and attractive property on their own. But if you view rental property ownership strictly as an investment and want little or nothing to do with the day-to-day management of your properties, consider hiring help to manage your property.

Your time is limited. Even if you enjoy hands-on management, you may not have much time to devote to your business, especially if land lording isnít your day job. And if you prefer to spend your time growing your business, including searching for new properties, arranging financing for renovations, or changing your business structure, then a management company may be a good way to spend your money.

You can afford the cost. Hiring a property management company is an attractive option if you can afford the fees. When interviewing companies, expect to hear quotes ranging between 5% and 10% of what you collect in rent revenue. If itís a down market and youíre able to manage things yourself (or with the help of a resident manager or other employees), you may want to keep doing so until the market turns around.

Youíre suddenly inundated with management tasks. If your business is growing, at some point you may find that you need a substantial amount of help to manage everything properly. At that point, it might make sense to hire a management company.

You donít want to be an employer. If you hire a resident manager or other employees to help with your property, you become an employer. Youíll have to handle payroll and deal with a host of other legal requirements and considerations. But, because a property management company isnít your employee (itís an independent contractor), and neither are the people who work for the company, by using one you avoid the hassles of being an employer.

Your property is part of an affordable housing program. If you participate in an affordable housing program, things can get complicated. Usually, in these programs the landlord receives financial assistance, which may be in the form of a grant, low-interest loan, or tax credits, in return for agreeing to rent at least part of the property to tenants earning below a certain income level. In order to continue receiving the assistance, the landlord must comply with a complicated set of rules. With so much at stake, itís often worth hiring a property management company that has expertise and experience with the particular housing program in question.
 
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