Low-stress land-lording, is it even possible? The answer to this question is yes!
In this article, we’ll break down some of the most common reasons why landlords get stressed out and provide you with a professional solution that will lead to low-stress land-lording.
What are some of the most common reasons why landlords stress out?
In 2020, some of the most common reasons why landlord stress out include the following:
Rent Collection – Yes, it’s true, most landlord hate rent collection, especially when their tenants pay late because, anytime a tenant pays late, the landlord is going to have to chase them for that rent payment while their expenses add up.
Maintenance – Another common source of stress for many landlords is maintenance. Most landlords hate maintenance because it takes away from the time that they can invest in growing their portfolio of investment properties.
Legal Problems – The longer that a landlord owns rental properties, it’s highly likely that they may end up dealing with a legal issue due to something as common as an oversight, or legal mistake.
Legal problems can stress the landlord out because they can also bring financial consequences which can amount to thousands of dollars.
What’s The Solution To Eliminating Landlord Stress?
The solution to landlord stress is obviously to hire a property management company! At 36 North Property Management, we save our landlord clients the time, money, and hassle of managing their investment properties themselves.
We offer a full suite of Property Management Services ranging from rent collection, maintenance, customer service, accounting, and so much more.
To learn more about the property management services that we can offer you, contact us today by clicking here. You will be glad that you did!