Notes

Things You Can't Turn Over to Your Property Manager
Some property owners get puzzled by what their property manager does whenever they hire them. It's probably better to define what we should can't, or shouldn't do. After managing rentals for 30 years we have created a short list of issues that you shouldn't ask your home manager to accomplish in your case.
Make your home loan repayments
No one should make your mortgage payment in your case. The consequences of not making them over a timely basis could be catastrophic. Your mortgage might go into default, your credit could be affected and also you risk losing the property in the foreclosure when the payment is just not kept current. Never trust another to you could make your home loan repayments for you personally especially your busy property manager.
Pay your premises taxes
You do not want your property manager responsible for paying your house taxes. Owners should have the county mail tax bills straight to them for payment. Failure to pay them might have serious consequences and may not passed to your property manager. If you get a goverment tax bill and wish it to demonstrate on your monthly owners report for tax purposes mail it to them along with a check along with expect property managers to obtain the government tax bill and pay it.
Maintain your landlord insurance and umbrella policy
If premiums usually are not paid the effects may be disastrous. You should be in direct charge of your insurance plan and premium payment. This is too imperative that you pass off and away to your house manager.
Track and pay your Home Owner Association dues
If you don't pay your dues, you could be fined, accrue attorney fees, and get a lien put on your premises. You really should have your HOA mail everything directly to you together with pay your HOA dues straight away to them. Also, HOA's don't respond well to organizations like property managers. They want an immediate line towards the owner regarding violations, assessments, amendments and community problems. You must be in the loop, receive their communications, and obtain these phones your coworkers to address. As much as you desire to pass this onto your property manager there is certainly a lot of at risk.
Contact using your home (builder) warranties
Warranty companies don't respond well to any other companies like property managers and tenants. They made offers to you, not us, and often we'd like your help getting these to respond. Also, they aren't proficient at answering emergencies. Property managers need the muscles with all the warranty company whenever they have a challenge.
Turning the utilities on and off
Utility companies decide to make it more difficult for third parties (management companies) to turn utilities on for another person. Utility companies want online resources the property to put together the account, give the deposits and monthly installments when the home 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 in your name in the vacancy. It only happens every couple of years so it is not time consuming.
Note: richmond property management is not going to allow third parties to set up "continuous service" preventing utilities from ever shut off. Only the owner can do this. Set up continuous service one time and lose focus on regarding it forever.
You must not let your house manager manage everything. Some issues only have to stay within the owner's control for protection.
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