Becoming a landlord is seen by a lot of people as a good secondary source of income. Many choose to receive these funds passively, whilst others juggle property management with a full-time job. Whether you’re new to the industry, or just want to review your options, here is some more information about the two main types of landlord services offered by Simpson and Weekley.
Full Management
Being a landlord can be a full-time job, but not with the conventional 9-5 hours. Whilst at times during tenancies your intervention may be little-needed, other times will require your attention to a greater and unpredictable extent. A full management service will still allow you to be involved with the decision-making process, whilst leaving the day-to-day management to us.
This option is also great for distance landlords, who aren’t local to the area as the landlord (or agency) is the first port of call in an emergency. If you don’t have the availability to deal with a tenancy as and when emergencies occur, whether that’s because of a full-time job or the sheer distance between you and the tenants, a full management service is a great option to go for.
Full management also has the advantage of offering the agent’s full array of knowledge, expertise, and local connections. Whether that’s for contacting a plumber for an emergency sink repair, knowing when and how to conduct an effective property inspection, or dealing with finances including reports, deposits, and taxes, full-time management provides the landlord support you need when you need it.
Tenant-Find Only
On the other hand, if you’re happy to take on this more hands-on approach to letting a house, but are still unsure where to start, our tenant-find only service might be for you. Finding a tenant can be difficult and knowing how and what to look for as well as putting together a contract is not something that a lot of first-time landlords know how to do, especially if they’re balancing property with another full-time career.
Partnering with an agent will not only make you look more legitimate to prospective tenants, but the agents will have the knowledge and resources in place to not only perform credit checks on these tenants but also give advice or even prepare contracts and agreements.
At Simpson and Weekley, we don’t just stop there; with detailed inventories and a full tenant move-in service we make sure everything’s set up and ready to go so you’re fully equipped to manage your property for the duration of the tenancy.
For more information about the services offered by Simpson and Weekley including prices, please see our landlords page or give us a call today for a more tailored discussion about your landlord journey.