Handling a rental property can be complicated—even with only one tenant. For multi-unit properties or rental communities, it can become even more difficult. That’s why the staff at NAI FMA Realty in Lincoln, NE, is committed to following effective property management practices. These are designed to find the best tenants, handle all property matters, and establish a lucrative, long-term rental plan with minimal maintenance. Below, they explain what they do to help their customers.

3 Practices Property Management Companies Utilize

1. Screenings

Dealing with bad tenants can lead to everything from constant complaints to property damage. In the end, it becomes a costly issue, which is why applicants are thoroughly screened by property managers. This is accomplished by conducting background checks through certified services and speaking with previous landlords. They also collect financial documents to ensure applicants can afford the rent. The right tenants significantly reduce worries and risks, and they will help get the highest monthly returns.

2. Maintenance

Being proactive and attentive is essential for property management. When issues arise—such as leaking pipes or insect infestations—tenants can become unhappy, and the property can be seriously damaged. That’s why property management companies make it a point to be watchful and have repair professionals on-call to resolve issues quickly. 

3. Tenant Relationships

Frequent tenant turnover is one of the biggest problems in rental real estate. Long-term tenants provide financial security, which is why property managers prioritize building relationships. Rules and regulations in the lease need to be enforced, but done so politely. They also resolve disputes quickly and professionally. Tenants appreciate considerate property management professionals, and as a result, they are often willing to resign their lease and be respectful of requests.

Best property management practices ensure the greatest return on investment, as well as tenant satisfaction. To that end, the staff at NAI FMA Realty in Lincoln, NE, is here to help. Their experienced team offers a number of real estate services, as well as sale and purchase assistance, and they will work with you to ensure a smooth transaction. Give them a call today at (402) 441-5800 to schedule an appointment, and visit their website for more information on what they do.