In the quest to avoid long vacancy periods with your St. Louis rental property, you may be in a hurry to market your property, place a tenant, and begin collecting rent.
Changing property management companies can feel like a huge hassle. However, if you’re not getting the service and the value you expect, you should considering looking elsewhere for St. Louis property management.
Establishing and developing a respectful, trustworthy landlord-tenant relationship is essential when you’re renting out a St. Louis property. That relationship depends on clear, responsive, and proactive communication.
You know there’s a risk involved in owning residential real estate and renting investment properties out to tenants. It’s rare that this happens, but you might end up with thousands of dollars in damage left behind by a tenant who seemed reasonable and responsible.
If you’re wondering whether it’s time to hire a property manager for your St. Louis rental property, consider some of these points.
For some St. Louis rental property owners, the turnover process between tenants can take as little as 24 hours. For others, there are weeks and even months of repairs and renovations necessary in order to return the property to rent-ready condition.