If you're a rental property owner with tenants, you'll no doubt be aware that it can be a whole lot of work. You might even be thinking that the term "hands-free landlord" sounds like an oxymoron. Generally speaking, landlords are always busy doing a million and one things.
Whether that's trying to fill unoccupied properties, organizing repairs, screening new tenants, or just keeping an eye on everything—the life of a landlord certainly isn't a walk in the park. But what if it could be?
If you'd like to streamline your tasks, minimize the world you have to do, and take the heavy lifting out of being a landlord, then this guide can help. Read on to learn how you can take your first steps toward being a hands-free landlord.
Let's Get Digital
One of the best and easiest ways to make your job simpler and more streamlined is to digitize your business. In other words, move as many of your processes online as you possibly can.
Vetting tenants, discussing issues, organizing works, researching landlord tenant law, and receiving rent can now all be done completely online or over the phone. This means the need for you to travel to various locations multiple times a day is lessened. In turn, you'll have more free time to enjoy yourself.
Have Processes in Place
As with the vast majority of other jobs, when you're a landlord, being organized can save you tonnes of time and effort. Try to put set processes in place for things such as renewing leases, doing background checks, taking deposits, purchasing landlord insurance, and cleaning homes. You'll find that they happen a lot quicker and they're a lot easier.
If there are certain tasks or situations you know will be arising again and again, make a protocol for them to be followed each time. It will make your work and your life a much smoother experience.
Hire Some Help
Of course, one of the only ways to set up a real hands-free landlord experience is to hire assistance to help you with your daily tasks. Delegating and outsourcing different aspects of the landlord tenant relationship and your landlord duties is a great idea if you want more time for yourself.
You can hire a handyman, a property management company, an attorney, a gardener, a cleaning company. Hiring help is the best way to achieve a landlord experience that is totally hands-free.
Helping Landlords Live Their Best Lives
If you're a landlord and you're feeling overwhelmed about the amount of work you're faced with, you're not alone. Being the owner of a rental property can be grueling. But luckily, help is at hand.
At AMG, we've been helping landlords in the Kissimmee area for years. If you'd like to achieve a more hands-free landlord experience, why not get in touch with a member of our team today and see how we can help?
