8 Property Nightmares & How to Avoid Them

06/01/2015 | By Summit Vacations

8 Property Nightmares & How to Avoid Them

Most homeowners find the idea of property management exhausting. You’ve got to commit to ongoing maintenance, business tasks and dealing with the tenant’s constant problems. And just when you think it couldn’t get any more exhausting, it does.

And that’s just the everyday life of property management.

Things can get much worse.

At any given moment, something terrible could happen to the property that causes you a day of phone calls, financial investment and trying to fix something.

It’s a nightmare.

These frightening things stand in the way of effective property management. And it’s the last thing that any homeowner wants to face.

Beware of these alarming things. And if you want to avoid them altogether, perhaps it’s time to hire a property manager to take care of the daily maintenance and unexpected nightmares for you...

Poor Prospects for Lessees

Some lease prospects apply to your property with terrifying application. Things like poor credit history and criminal backgrounds are signs for you to stay away. These types of risks can cause even bigger problems down the line.

To avoid the consequences of a poor lessee, conduct background checks on anyone that you want to rent your property to for an extended time.

Getting Surrounded by Bad Neighbors

There’s nothing that can ruin a nice, quiet neighborhood faster than a bad community. Things like rowdy neighbors, criminal activity and wild parties can bring a headache for any property owner.

You can’t always control these things. But if you have a property manager that manages other properties in the area, you can trust that nearby rentals will only go to upstanding citizens.

Pest and Bedbug Infestation

Hearing about a bad pest infestation can ruin anyone’s day.

Pests like termites, cockroaches and bedbugs can ruin your property if they aren’t discovered quick enough. Work closely with a pest control vendor to prevent these issues. Regular inspections and treatments will often be enough to keep pests away.

Unruly Landscaping

The curb appeal can make or break a property, especially in a beautiful town like Breckenridge. If you own a rental property, make sure to hire a professional landscaper to keep the landscape beautiful.

You should have someone come take care of the property on a regular basis. Otherwise, your perfectly good rental can drop in value because the grounds look unkempt and unruly.

It takes consistent, professional maintenance to avoid property nightmares. If you don’t have the time or energy to do it yourself, contact us today. Our property management services can help you avoid nightmares, manage your property and keep your mind at ease.

Tags: Breck, Breckenridge, Property Management