Hiring A Utah County Property Management CompanyHiring A Utah County Property Management Company

If you have never had to hire a property manager before, maybe you are wondering what aspects you need to consider. Hiring a property management company is a big decision and there are many things that go into it. Here are some fairly simple, yet, important factors to consider before making the final decision.

Monthly Cost:

When looking at Utah Property Management companies, one of the most important things to consider is the monthly fee schedule for your rental property. Common industry rates are anywhere from 6%-10% per month of gross monthly rents collected. This will be collected monthly and you will want to make sure you get a rate you feel is fair. Many Utah Property Management companies will also charge additional fees. Some might charge a higher monthly percentage rate with less fees, or vice-versa. You need to be careful of this, because some companies will try to be sneaky with some of these costs. We will cover these fees next.

Additional Fees: (For Some Companies)

Utah Management Companies will charge some or all of the following fees at different times during the year:

-Yearly management renewal fee

-Lease up fee

-Maintenance markups

-Setup fee

It is important to make sure that you understand what the following fees will cost as well as the purpose of these fees. Some companies may charge a very low monthly rate, only to surprise you with a lot of fees. Make sure to clarify all costs associated with the property management services.

Services Offered and Area Served:

You will want to ensure that the Utah property management company you hire provides the services you need for your specific rental property. Maybe you have a residential rental home? You will want a property manager that specializes in the renting of these homes. Or maybe you have a small commercial property? You will want to ensure that your property manager has experience with commercial rental properties. No matter what, you will want a company with a good reputation that will take good care of both you and your rental property.

Utah County is an excellent place to own a rental property. With great employment rates, major universities, and so much growth, owning a Utah County rental will continue to be a great investment. To ensure maximum rental income and minimal vacancies, hiring a Utah County Property Management Company will be a wise decision. You will receive many benefits from the service, in addition to the stress relief and not having to deal with hassles, you may realize great cost savings as well.

Rental property managers will deal with the late night calls from renters, deal with the hassles of rent collection, arrange maintenance/repairs, advertise and market the rental property, and much more. If these are things are not your cup of tea, hiring a property management company is going to be a great benefit for you. After considering these important factors, you should be will informed and ready to make the big decision with confidence!

by Landon Murie
References and Bibliography
Landon Murie is the Founder and Manager of EASE Property Management. EASE helps landlords who need help renting and taking care of their rental properties. Learn more about his Utah Property Management company.
Rated:NR/0 Votes
5 Views
Add To My Article Reading List
Add To My Article Reading List
Print Article
Print
More Article By Landon Murie
More Article by Landon Murie
Share
More Articles From Real Estate
More Articles From Real Estate
Related Articles and Readings
Property Prices in Florida Just Keep Going up True or False By: Steve Parnell
Property owners in the UK have now experienced a fairly consistent period of growing property prices. Sometimes the growth has been moderate, sometimes ? and in some parts of the country in particular ? it has been very fast indeed. A large portion of the increased spending power of many ...
The Well Serviced UK Overseas Property Buyer By: Nicholas Marr
Overseas property buyersBuying a home overseas in the sun or snow has its obvious attractions. Overseas property that increases in value while paying you an income is a dream come true for many property investors. The UK property investor is venturing away from the slowing and expensive markets of home ...
How to Sell Or Let Your Property Faster By: Ian Grainger
Selling or letting your home can either go very smoothly and very quickly or it can turn into a nightmare of viewings, no offers and huge amounts of frustration This is, of course, largely dependent on the state of the housing or lettings market at ...
How to Profit from Property By: Jennifer Tweed
Having recently learnt that the decision has been made not to offer the tax benefits associated with putting residential property in SIPPS, it is worth reminding ourselves of the long term objective of property investment.Regardless of whether you put residential property into a SIPP, you should remember that on average, ...
The UK has Gone Property TV Show Crazy By: Nicholas Marr
The UK has gone property TV crazy. There are now shows about developing, buying, doing up and selling your home on every channel nearly every day. TV show presenters have become celebrities and household names.Some TV stations have had property show weekends purely dedicated to property TV shows. The UK ...
The information provided in this article and/or the comments is the sole responsibility of their respective authors and does not necessarily reflect the opinion of ezinepost.com. ezinepost.com  does not endorse any article and/or comments published by our web users unless otherwise noted. 

Member Panel

login to submit articles and more

StatisticsEZINEPOST.COM

  • » Active Categories: 419
  • » Active Articles:251893
  • » Active Authors:32244
  • » Active Members: 31843
  • » Statistics Updated:
    - Sun Apr 1st, 2018 06:13PM EST