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33rd Company News

Ways Landlords Are Wasting Their Weekends

Tom Sedlack - Thursday, October 6, 2022

Finding the perfect balance between too little and too much free time is the key to happiness, but we may feel our work leaves us without enough hours in the day. 

Landlords know this better than most, especially if they're spending their weekends dealing with maintenance, rent collection, and other duties. A property management company can help landlords take back their free time. 

Keep reading to learn why you should invest in their services. 

Performing Repairs

Over the course of thirty years, the average house may need a 50% replacement. From the appliances and the flooring to the roof and driveway, there's a lot that requires regular upkeep and maintenance. As a landlord, you'll have to pay for replacements and upgrades. 

You have to consider tenant maintenance requests as well. Whether it's a leaky sink or a broken air conditioner, a landlord's duties never seem to end. 

Often, accidental landlords and investors may have other jobs and obligations, meaning these requests can only be handled after work or on weekends. 

Before you know it, the whole weekend has passed you by, and Monday is right around the corner. 

Thankfully, property management companies can give you that free time back. Part of their duties includes regular maintenance and repairs. They have contractors and handymen on staff to help with these tasks.

As a bonus, these professionals often have years of experience and can complete simple jobs quickly. 

Screening Tenants

The tenant screening process takes time, and it's often work that landlords perform on the weekend. When there's a vacant rental, they have to go through applications, return phone calls and emails, and perform background checks. 

Many new landlords don't have the technology to expedite or automate parts of this process. Performing the screening yourself can take hours, potentially wasting your weekend. 

It's much easier to leave your investment property in a professional management company's hands. They perform thorough screenings, seeking the best fit for your rental. 

Collecting and Tracking Down Rent

If you still collect paper checks, you may have a drop box for rent. If the first of the month falls on a weekend, you might find yourself going to collect those checks. Then you have to look for any tenants that haven't paid their month's rent yet. 

Even if you have a grace period, you may have to make calls or send letters about missing rent payments. Again, this takes time away from your weekend. 

One way to streamline the process is to accept rent online. Software programs and online rent payments make it easier for tenants to pay. It can prevent forgetfulness as well, thanks to automated payments. 

Property Management Services Save You Time

Landlords can take back the weekend when they invest in property management services. You can see these benefits for yourself if you have an investment property here in the Twin Cities. 

33rd Company® Property Management offers a variety of services from tenant screening to maintenance and much more! Find out more about why you should invest in property management and get a free rental report. 


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