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Top Reasons to Work With a Northern Utah Property Management Company
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<p><strong>If you’re wondering why you should hire a Northern Utah property management company to handle your rental property, there are a lot of reasons to consider.</strong><br />
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<ul>
<li><em>Property managers know the market and can price your Salt Lake City property better.</em></li>
<li><em>Property managers have tighter rent collection processes—so you get rent on time.</em></li>
<li><em>Property managers have a larger pool of qualified renters to choose from.</em></li>
<li><em>Property managers have a better screening process to protect your investment.</em></li>
<li><em>Property managers get long term lease renewals and have shorter vacancy periods.</em></li>
<li><em>Property managers take classes and continue their education in fair housing laws and property laws.</em></li>
<li><em>Property managers have updated leases that protect investors and their rental properties.</em></li>
<li><em>Property managers are available 24/7 for emergencies—it’s just part of full service property management.</em></li>
<li><em>Property managers conduct inspections and keep maintenance costs down so that you can see real returns!</em></li>
</ul>
<p>There’s certainly more worth discussing when you’re thinking about the benefits of professional property management companies in Northern Utah.</p>
<p>However, all of the above can be broken down into <strong>three basic reasons to hire an Ogden property management company:</strong></p>
<ul>
<li><em>Professional property management brings in more money for the owner</em></li>
<li><em>Full service property management creates more free time for the owner</em></li>
<li><em>Good property management reduces stress and expense for the owner.</em></li>
</ul>
<h2>Ogden Rental Management Means More Money for Owners</h2>
<p>Landlords often challenge the idea that a property management company can make you more money. In reality, property managers have a better grasp of the local market and local rental rates.</p>
<p>Many times, an owner will be charging $50 a month less than the market demands—and trust us, that adds up! Ultimately, that $50 a month turns into $600 per year, which almost pays for professional management services on its own.</p>
<p>Minimizing vacancies also saves you money! Placing a renter isn’t just about filling vacancies—anyone can do that. <strong>A property manager will find you a good renter to protect your investment.</strong></p>
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<li>Problem renters will prey on properties that are self-managed.</li>
<li>Professional managers have a less than one percent eviction rate.</li>
</ul>
<p>Bad residents don’t bother contacting us because they know we have a tight screening process. They’ll take advantage of investors who are working alone, instead.</p>
<h4>Marketing Services</h4>
<p><span style=”background-color: transparent;”/><a href=”../../..//property-management-ogden-utah/” target=”_blank” rel=”noopener” style=”background-color: transparent;”>Professional property management in Ogden</a><span style=”background-color: transparent;”> also means tapping into cost-effective advertising. We don’t just throw up a sign and advertise in a few places!</span></p>
<ul>
<li><span style=”background-color: transparent;”>Most property management companies are tied into all the good rental sites and really drive attention to your Northern Utah property.</span></li>
<li><span style=”background-color: transparent;”>We have relationships with local Realtors, too! Our vetted network is put to work for you to serve you and fill your vacancy.</span></li>
</ul>
<h4><span style=”background-color: transparent;”>Maintenance Services</span></h4>
<p>Your property management company will also save you money on maintenance and repairs.</p>
<ul>
<li>A lot of local vendors know they can count on management companies for repeat business.</li>
<li>They’ll offer the lowest possible price to good property management.</li>
<li>Those savings are passed on to you, the owner.</li>
</ul>
<p>Owners get caught up in do-it-yourself madness, but the cost of ‘saving’ money is often too expensive—<strong>especially for your long-term wealth!</strong></p>
<h2>More Free Time Through Northern Utah Property Management</h2>
<p>At Reeder Asset Management, we save you time throughout the entire property lifecycle.</p>
<ul>
<li>It starts with rental property showings, renter screenings, and background checks.</li>
<li>Then, there are more showings and screenings to find the perfect renter.</li>
<li>We create airtight lease agreements, record move-in videos, and take photos.</li>
<li>There’s also the time that’s spent posting notices and following up on lease violations.</li>
</ul>
<p>We respond to service calls and remain available 24 hours a day and seven days a week. Yes, your Salt Lake City, Ogden, Logan, or Brigham City property manager will respond in the middle of the night if necessary.</p>
<p>We also take the time to <a href=”../../..//blog/build-lasting-relationships-salt-lake-city-property-management-tips/” rel=”noopener” target=”_blank”>deal with renter relationships, too</a>! You might feel like you have to give a tenant an extension on rent because you have a big heart. You’ll have pet issues and pest issues and legal issues – all of which take up a lot of time, especially if you find yourself in court. Then, there’s the eviction, which takes a lot of time and costs a lot of money. After the eviction, you’ll need to get the property ready to rent again, and everything starts over.</p>
<p>Most property management companies have processes in place to deal with the whole tenant experience and save you time.</p>
<p><img src=”https://www.reederproperties.com//wp-content/uploads/2022/10/Mechanic-with-wrenches-in-pocket-at-the-repair-garage.jpegwidth1000ampnameMechanic-with-wrenches-in-pocket-at-the-repair-garage.jpeg” alt=”Mechanic with wrenches in pocket at the repair garage” width=”1000″ style=”width: 1000px;” sizes=”(max-width: 1000px) 100vw, 1000px”/></p>
<h2>An Ogden Property Management Company Means Less Stress</h2>
<p>Less stress doesn’t mean <em>no</em> stress. You’ll still get called about <a href=”https://www.manta.com/cost-furnace-replacement-ogden-ut” rel=”noopener” target=”_blank”>the furnace breaking down</a> or <a href=”https://www.manta.com/cost-tankless-water-heater-ogden-ut” rel=”noopener” target=”_blank”>the water heater blowing out</a> to authorize a major repair—but it won’t be in the middle of the night.</p>
<p>We handle the ‘what-ifs’ of investing in real estate:</p>
<ul>
<li><a href=”../../..//blog/what-to-do-when-your-renters-dont-pay-salt-lake-property-management-tips/” rel=”noopener” target=”_blank”><em>What if a renter doesn’t pay rent on time?</em></a></li>
<li><em>What if there’s a flood in your rental property <a href=”https://www.menshealth.com/trending-news/g19529566/home-repairs-you-should-avoid/” rel=”noopener” target=”_blank”>because of a renter’s ‘DIY?'</a></em></li>
<li><em>What if the furnace needs to be replaced in the dead of winter—<a href=”https://www.thebalancesmb.com/handling-tenant-complaints-2125258″ rel=”noopener” target=”_blank”>and your renters are calling</a>?</em></li>
</ul>
<p> These things raise your stress level and provide an excellent reason to hire a property management company. </p>
<p><strong>A good property management company will manage your property like a business—<em>not a charitable donation.</em></strong></p>
<p>Of course, all of these topics can merit their own blog—and we’d love to tell you more face to face (or virtually over a meeting). <span style=”font-weight: bold;”>If you have any questions about the benefits of using a Northern Utah </span><a href=”/services/” target=”_blank” rel=”noopener” style=”font-weight: bold;”>property management company</a><span style=”font-weight: bold;”>, please contact us at Reeder Asset Management.</span> We serve properties and owners in the Wasatch Front! Our offices are located in Logan, Brigham City, Ogden, and Salt Lake City for your convenience.</p>
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<p style=”text-align: center;”><em>Updated and republished 8/25/2020.</em></p>
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Posted by:<br />
<span>Reeder Asset Management</span> on December 12, 2017
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