3 Vital Time Management Tips for Property Managers

You’ve heard the adage over and over again. In the property management realm, it couldn’t be truer or more important.

Wasted time in managing a property – or properties – can come in many forms. And, if you’re not careful, the simplest of tasks can turn into days-long or months-long debacles.

No one wants that.

Throughout the decades of managing properties, Arlington Realty Inc. has helped a number of folks through their fiascos, in addition to seamlessly managing properties in-house. 

Here are three big-time tips for saving some time (and dough!) along the way:

1) Make your rental criteria crystal clear. Allowing pets? Are you paying for cable? Is smoking prohibited? Sure, it’s easy for any potential tenant to zoom in on price, the number of bedrooms and square footage. But what are the other details you can put front and center – whether in the body of a listing or photo – to mitigate answering questions down the line? Load your listing with information, folks.

2) Build a list of trusted vendors ASAP. When your property’s toilet is spraying everywhere at 3 a.m., well, that is not the time you want to embark on a detailed search for a plumber. A trusted plumber, handyman, HVAC repair person and more are folks you should have queued up now for when something goes wrong. The time you save preparing your contact list may save you an even more major disaster (and a lot dough) later.

3) Stay organized. As a property manager, tenants’ information, invoices and documents simply cannot be scattered throughout your living room, car and kitchen. Organization is key to this business and you need to have any and all information pertaining to a tenant in one convenient and accessible space. Equally as important as keeping physical items organized, you’ll want to keep your schedule organized as well, ensuring you’re giving your tenant(s) and your personal life the love it deserves.