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Things You Can't Turn Over to Your Property Manager
Some house owners get unclear about what their house manager does after they hire them. It's probably easier to define what we can't, or shouldn't do. After managing rentals for thirty years we have developed a short list of stuff that you should never ask your house manager to do for you personally.
Make your mortgage payments
No you should build your payment in your case. The consequences of not driving them to on the timely basis could be catastrophic. Your mortgage might go into default, your credit could be affected and you risk losing the house in a very foreclosure if the payment is just not kept current. Never trust another to build your mortgage repayments in your case especially your busy property manager.
Pay your property taxes
You wouldn't like your home manager accountable for paying your premises taxes. Owners really should have the county mail tax bills straight to them for payment. Failure to spend them can have serious consequences and will stop passed to your property manager. If you get a goverment tax bill and wish it to show up on your monthly owners report for tax purposes mail it for many years as well as a check such as the expect property managers to get the tax bill and pay it.
Maintain your landlord insurance and umbrella policy
If premiums usually are not paid the results might be disastrous. You should remain in direct control over your insurance plan and premium payment. check my blog is too imperative that you pass off and away to your home manager.
Track and pay your Home Owner Association dues
If that you do not pay your dues, you could be fined, accrue attorney fees, and obtain a lien put on your property. You must have your HOA mail everything straight away to you and pay your HOA dues straight to them. Also, HOA's don't respond well to any other companies like property managers. They want an immediate line to the owner regarding violations, assessments, amendments and community problems. You must live in the loop, receive their communications, and have the crooks to your coworkers to address. As much as you want to pass this onto your premises manager there is certainly a lot of in danger.
Contact with your home (builder) warranties
Warranty companies don't respond well to third parties like property managers and tenants. They made offers to you, not us, and quite often we want your help getting these to respond. Also, they are certainly not great at giving an answer to emergencies. Property managers need your muscle while using warranty company when they have a challenge.
Turning the utilities on and off
Utility companies decide to make it more difficult for others (management companies) to change utilities on for someone else. Utility companies want online resources the exact property to create the account, pay for the deposits and monthly installments when the property is vacant. Also, when property managers have multiple properties active while using same utility, the utility companies consistently misapplies deposits, charges and refunds. We are constantly fighting them (and also the owner) over incorrect account records.
The solution: turn them on inside your name through the vacancy. It only happens every couple of years therefore it is not frustrating.
Note: Utility companies will not allow third parties to create "continuous service" preventing utilities from ever shut off. Only the owner are able to do this. Set up continuous service once and end up forgetting about it forever.
You must not let your house manager manage everything. Some issues just have to stay underneath the owner's control for protection.
Point your web browser to for additional information about property management in Atlanta.
My Website: http://www.masonre.com.au/
     
 
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