Notes

Things You Can't Turn Over to Your Property Manager
Some home owners get unclear about what their home manager does when they hire them. It's probably easier to define that which you can't, or shouldn't do. After managing rentals for 3 decades we now have designed a short list of items that you must never ask your home manager to complete for you.
Make your mortgage payments
No you need to build your payment to suit your needs. The consequences of not causing them to be over a timely basis may be catastrophic. Your mortgage may go into default, your credit might be affected and you also risk losing the house inside a foreclosure when the payment is not kept current. Never trust another to you could make your mortgage payments to suit your needs especially your busy property manager.
Pay your premises taxes
You don't want your premises manager responsible for paying your premises taxes. Owners really should have the county mail tax bills straight to them for payment. Failure to pay them may have serious consequences and should stop passed to your property manager. If you get a government tax bill and want it to demonstrate up on your monthly owners report for tax purposes mail it in their mind along with a check but don't expect property managers to obtain the tax bill and pay it.
Maintain your landlord insurance and umbrella policy
If premiums aren't paid the effects might be disastrous. You should live in direct control of your insurance policy and premium payment. This is too crucial that you pass off to your premises manager.
Track and pay your Home Owner Association dues
If that you do not pay your dues, you can be fined, accrue attorney fees, and acquire a lien put on your home. You must have your HOA mail everything directly to you together with pay your HOA dues right to them. Also, HOA's don't respond well to organizations like property managers. They want a primary line on the owner regarding violations, assessments, amendments and community problems. You must live in the loop, receive their communications, and have these phones your manager to deal with. As much as you would want to pass this onto your premises manager there is excessive vulnerable.
Contact with your home (builder) warranties
Warranty companies don't respond well to others like property managers and tenants. important link made offers to you, not us, and sometimes we'd like your help getting the crooks to respond. Also, they usually are not efficient at responding to emergencies. Property managers need the muscles using the warranty company after they have a challenge.
Turning the utilities on and off
Utility companies are making it harder and harder for organizations (management companies) to turn utilities on on the table. Utility companies want online resources the exact property to set up the account, pay the deposits and regular bills when the exact property is vacant. Also, when property managers have multiple properties active using the same utility, the utility companies consistently misapplies deposits, charges and refunds. We are constantly fighting them (and the owner) over incorrect account records.
The solution: turn them on with your name throughout the vacancy. It only happens every couple of years so it will be not frustrating.
Note: Utility companies will not likely allow any other companies to set up "continuous service" preventing utilities from ever disconnect. Only the owner are able to do this. Set up continuous service 1 time and end up forgetting over it forever.
You ought not let your property manager manage everything. Some issues simply have to stay under the owner's control because of their protection.
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