Notes

Things You Can't Turn Over to Your Property Manager
Some house owners get unclear about what their home manager does whenever they hire them. It's probably simpler to define what we should can't, or shouldn't do. After managing rentals for 30 years we have created short list of things that you shouldn't ask your house manager to accomplish for you.
Make your home loan repayments
No you ought to build your mortgage payment in your case. The consequences of not which makes them on the timely basis could possibly be catastrophic. Your mortgage may go into default, your credit could be affected so you risk losing the exact property in a very foreclosure in the event the payment just isn't kept current. Never trust another to you could make your mortgage payments for you personally especially your busy property manager.
Pay your property taxes
You will not want your house manager accountable for paying your home taxes. Owners must have the county mail tax bills straight away to them for payment. Failure to spend them can have serious consequences and really should stop passed with a property manager. If you get a government tax bill and need it showing on your monthly owners report for tax purposes mail it in their mind along with 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 are certainly not paid the outcomes could be disastrous. You should remain in direct charge of your insurance policy and premium payment. This is too important to pass on your house manager.
Track and pay your Home Owner Association dues
If you do not pay your dues, you might be fined, accrue attorney fees, and obtain a lien put on your premises. You should 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 stay in the loop, receive their communications, and get these phones your employer to cope with. As click to read as you want to pass this to your house manager there is certainly a lot of at risk.
Contact along with your home (builder) warranties
Warranty companies don't respond well to others like property managers and tenants. They made promises to you, not us, and often we'd like your help getting the crooks to respond. Also, they usually are not great at responding to emergencies. Property managers need your muscle using the warranty company when they have an issue.
Turning the utilities on and off
Utility companies are earning it more and more difficult for any other companies (management companies) to show utilities on for someone else. Utility companies want the owner of the home to put together the account, give the deposits and monthly installments when the house 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 (along with the owner) over incorrect account records.
The solution: turn them on in your name throughout the vacancy. It only happens every couple of years therefore it is not time-consuming.
Note: Utility companies won't allow others to set up "continuous service" preventing utilities from ever disconnect. Only the owner are able to do this. Set up continuous service on one occasion and forget about this forever.
You must not let your house manager manage everything. Some issues have to stay underneath the owner's control for his or her protection.
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