There is a trend for would be homeowners to choose to rent versus taking on house payments that feel like forever. Some of the driving force behind this trend are the costs associated with a new roof, a new hot water heater, new air conditioner, etc. When homeowners sell a house one of the stumbling blocks for the new buyer is the age of the roof in order to obtain homeowners insurance. A roof cannot be more than 10 years old even though a roof is supposed to last for 20-30 years. The seller often times is unwilling to replace the roof as a part of the sale. That means the would be buyer has to pay for a new roof or choose not to buy the house. Another huge issue is that hot water heaters only last 8 years more or less whereas they used to last 25 years. And the price of HVAC's has sky rocketed from $5,000 to $10,000 just in the last couple of years and that doesn't count the cost of adding freon periodically. All of this adds to substantial cost for the homeowner that a tenant never has to deal with. A tenant can place one call to their property management company and the repair/replacement issue is taken off their hands. The tenant does not have to call various companies to get bids, compare the bids and make a decision as to which unit to buy or company to use.
A property management company does so much more than collect rent. They are a tenant's first line of defense in making repairs, reducing stress and cost.
Let a property management company work for you.
