What Do Property Management Companies Do?

My grandfather died in 2006 and since 2008, my father has let us rent out that property. We live in Bangalore but my grandfather’s house is in Delhi. So it became hard for him to visit the house frequently or repair it or even find tenants for it. In the year 2018, he handed over this property to the property managers so that the property gets maintained. Now several people have already asked my father

what do property management companies do so let me tell you that they take the full responsibility of taking care of your property including renting it out. If you are trying to know more details about it, I will be glad to answer it here.

Previously a tenant lived in the house for 4 years but after he left, my father struggled to find tenants. Now after he handed over the property to a property management company so that these works can get done easily, he felt satisfied. Now let me tell you what they do for us

• They repaired the property as required

• They make sure that the property gets rented

• Property managers manage all the documents and even make the agreements for us

• They collect the rents from the/tenant(s) 

• They deal with tenants who fails to pay rent on time

• They help in simplifying the tax

Now of course they charge a fee but trust me it is nothing in front of the struggle my father used to face previously. At least you can sit at your home and get everything done and managed by the property manager easily.

I hope this answers

what do property management companies do.