We as property managers, here in Austin or in other cities across the world know that a portion of the residential market is managed by owners who want to do it themselves and save money. I’ve got to tell you, I’m with them. I’m all about saving money.
However just like you may pay for dinner at a restaurant or we used to pay for travel agents or we still pay for someone to change our tires when they wear out, there are some things in life best left for others to do. They can do it more effectively, efficiently and frankly better than we can because that’s all they do. I have no doubt that I could learn to change the tires on my car but buying the equipment to mount them, balance them and taking the time to learn isn’t something that I care to do. Spending time with my spouse or on the trail at Lady Bird Lake here in Austin are two things I would rather do. So I spend a little money and get a good chunk of my life to use as I please.
Now let’s say we still want to save money and it’s hard to give it up. We’re willing to invest the time to learn how to mount those tires and we’ve got a friend that will let us use his equipment for free. Not bad, I’m saving money and starting off without any expenses. This is awesome! Then one of the tires falls off because we tightened the lug nut a little too much or we don’t properly balance them and then the warranty is voided. Now we’re in a situation where we’re going to have to do more work and repair what we spent all that time and effort trying to do ourselves.
Ladies and Gentlemen, property management is not rocket science, neither is changing tires on your car but I can promise you that we can save you more money over the long run and definitely cover your tail better than you can do on your own. One of the largest expenses you’ll have as an owners is when your property turns over from one tenant to another. You’ll encounter vacancy cost, leasing fees, make ready expenses and more. This could equal 20% of your annual income easily. Thus if we can provide exceptional service by using our tried and true policies and procedures, 24/7 tenant emergency line, and detailed, proactive, and proprietary lease provisions and rules and regulations manual (about 18 pages long) we should be able to lower your turnover but at least 50% if not more.
Quality property management pays for itself. Don’t fool yourself thinking you can do just as good. I don’t change the tires on my car, nor tell my dentist how to drill. Let the experts do what they do. You’ll be better off in the long run all the way around from expenses to liability.
Call us today for the best property manager and property management services in the greater Austin Texas area. 877-711-1836