Taking care of properties and dealing with every need of a tenant can be a lot of work. You might not want to spend the time or might be unwilling to deal with tenants. Many people have properties that they do not want as a result of the difficult housing market. While this can be a great investment opportunity, it can also be a lot of work. This is where property management companies come into play.
Basically a property management company will act as a middle man between the landlord and the tenant. They can be used in almost any type of property from commercial holdings to residential properties. They handle the day to day management activities of the property so that the landlord doesn't have to worry about them. You can find property management companies at https://mcintyreproperty.com.au.
These companies can handle just about any job that you might need in regards to a property. They often find tenants for vacant properties by advertising and showing the property as well as negotiating the terms of the lease and taking care of paperwork.
They also collect rent, handle non-payment, handle maintenance requests, deal with the tenant and provide communication between the landlord and tenant. In many cases they also handle basic maintenance such as landscaping, painting, etc. When legal action is needed, the property management company will assist the landlord in filing for eviction.