When rental properties are managed using professional management techniques there are significant differences in vacancy rates, tenant screening, and the overall condition of the property. When a property owner doesn’t see the value and importance in great property management a great investment can go bad quickly. Check out this quick video showing first-hand the differences between professional management and the alternatives.
The professional managers of the “good” properties in this video followed strict screening criterion when selecting tenants. They also performed routine inspections, preventive maintenance was performed, and tenants were held responsible to maintain the quality of the property. The “bad” properties in this video are the typical horror stories that keep a lot of investors out of real estate not knowing these situations are most likely caused by the landlord’s poor management than the tenant. See for yourself.