What’s the difference between renting from a private landlord and renting from a property management company?
A professional property management company should have guidelines and processes to deal with various scenarios relating to ongoing management. For example, LandLord property & rental management has a step-by-step process to search and screen tenants, a standard lease for every rental agreement, rental insurance guidelines, and more. A self-managing landlord likely has limited experience working with their own property and may not have standard practices and procedures. At first glance, a rental applicant might be happy to deal with a ‘relaxed’ landlord, but complications could arise if other tenants aren’t screened thoroughly, the landlord doesn’t fully understand the law, or maintenance is not being addressed as efficiently as it should be.