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Newburgh Landlords: Do You Really Want to Know Your Residents?

A Potential Resident Sitting at the Desk with Real Property Management ResultsIf you are a landlord, then you are aware that there is a fine line that you do not want to cross regarding your relationship with your residents. The security of your business and your private and professional life depend on landlord anonymity at times. However, with the position of a landlord being heavily involved in the daily management and success of your property, you may want to consider the benefits of employing a management team can bring.

By employing the services of Real Property Management Results, we can handle the potentially messy parts of property management. This allows you to simply sit back, relax and reap the benefits of investing in rental property.

Maintain Distance

As a landlord, it can feel natural to begin forming friendships with your residents. You will visit the property often to maintain and repair appliances, tend to management tasks, and generally be available to your residents. However, you may find yourself in a situation where your residents have your personal number and perhaps know where you live. This can cross a professional line and is not a smart idea if you wish to keep your personal life protected.

Letting your residents have this information may seem harmless until an issue arises with the property and personal and professional ideals clash. You do not want to be seen as the “bad guy” which can lead to less-than-professional decisions being made.

How We Can Help

Your residents could also attempt to exploit you with your personal information. By having a property management team, you can stay away from these issues totally. We handle everything from background verifications, to handling broken rules or lease agreements, to dealing with rent that is past due.

We know the local and federal laws so you don’t have to, and we enforce them with your residents to make sure there is always a clear understanding of the relationship we have, which is strictly professional. This eliminates you from the conflict completely by being anonymous.

Avoid Conflict of Interest

Perhaps being a landlord is not the only type of business you are in. Being in politics, owning a restaurant, or any kind of public career can cause conflict with residents trying to rent from you. If they recognize your name from elsewhere then they may already have a preconceived notion of the type of person you are. Whether it is good, or misinterpreted, having a property management team behind you eliminates the risk entirely, and protects your identity.

Having that protection comes in handy when a resident needs to be evicted from a property and wants to take it out on the owner, especially if you run another business. You don’t want a resident leaving a negative review on your business online because of an issue with a rental property. Why risk having your reputation dismantled if you don’t have to?

There are no regrets in keeping your business anonymous and secure. To learn more about the services Real Property Management Results offers, contact us online or call us at 812-461-1676 today.

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