Serving as a commercial property owner-landlord isn't for everyone.
The good news is that you don't have to stretch yourself out too thin by wearing both hats. There are companies out there that'll shoulder landlord duties on your behalf.
But what should you look for in a provider of property management services?
Keep reading to learn about how to choose a commercial property services provider in Boston, MA.
Find Company Offering Tenant Screening
One of the benefits of hiring a property manager is that you'll have help screening tenants.
You want to ensure anyone who rents your units is legitimate, and property managers have processes to help find the highest-quality tenants.
When you team up with commercial property managers, you can increase the odds of finding commercial tenants who will pay rent on time every month.
All it'll take is one problem tenant to jeopardize monthly cash flow. So, doing everything you can pursuant to the law will lower your risks substantially.
The service provider you hire will do background checks, seek proof of stable income, and even ask for reference letters from previous landlords.
Find Company Offering Help With Upkeep
Finding the property management service provider means you'll get help taking care of your commercial property. You don't want to work with a service provider that waits for things to go wrong before it springs into action.
Preventative maintenance is key. The right commercial property management company will create a strategy to cover scheduled maintenance. The plan will depend on the type of commercial property you have.
It can include servicing the HVAC unit, changing lightbulbs, and checking equipment and appliances. Performing preventative maintenance will reduce the chances of neglect that lead to costly problems down the road.
A reputable property management firm will also help with landscaping. It'll cut the grass, trim branches and shrubs, and do other outdoor work. The exterior of your property will be more aesthetically pleasing.
You'll also get tips for upgrades or additions that can boost the value of your commercial property. The property manager can also help perform the work or recommend a reliable third party that can do it for you.
Find Company With Commercial Property Experience
It's also essential to find a property manager that has experience with commercial properties in Boston. A service provider that focuses on residential property owners isn't the right fit if you have a commercial property.
What you want is a service provider that knows the ins and outs of managing commercial properties. That's the only way you'll get the expertise you need.
Do You Need Property Management Services?
If you own a commercial property in Boston, MA, you should consider getting help managing it. A lot is at stake. So, finding the right service provider to handle landlord duties is a good investment.
When you need property management services, you can count on us at Boston Property Management.
We serve Boston and the surrounding communities. So, get in touch to find out how we can meet your needs as a commercial property owner.