Managing a rental home involves many small tasks that add up. A property manager can take some of them on. This article looks at general ways that can save an owner time. Results depend on the home, the agreement and many other factors.
Financial records
A manager can track rent and expenses and send regular owner statements, so you don’t have to build them yourself. For tax questions, your CPA is the right resource.
Online tools
Online rent payment, maintenance requests and listing tools can cut down on phone calls and paperwork.
Marketing and leasing
Preparing listings, answering inquiries, scheduling showings and coordinating lease signings can take many hours per vacancy.
Maintenance coordination
A manager with existing vendor contacts can schedule repairs and seasonal work and keep records of what was done.
Lease follow-up
A manager can follow up on late rent and lease issues according to the lease. Formal legal steps have requirements under Montana law, and it’s wise to involve an attorney.
How a property manager can help
Depending on the owner’s needs, a property manager’s services can include any of the tasks above.
Ironhorse Management has worked with Gallatin Valley owners since 1979. Learn more about our rental property management in Bozeman, or if you would like to talk through your rental, contact our team or call (406) 586-4933, Monday through Friday, 10am to 4pm.
Please note: This article is for general informational purposes only and is not legal, financial or tax advice. Every property and situation is unique. It’s wise to consult an attorney and/or CPA for legal or financial matters, and to review your lease, Montana law and other appropriate resources before making decisions, rather than relying only on this article.