Common Residential Property Management Issues

Being a commercial property manager is a difficult job. Dealing with the needs of renters, doing the necessary maintenance and repairs, and keeping track of all the financial and administrative responsibilities attached to property management can take a lot of time and energy. Here are some common issues to expect as a property manager and what you can do to solve them.

Tenant Conflicts

A big part of a property manager’s job is dealing with tenants. If you have multiple tenants living in your property, this often means settling disputes that may arise between them. This can cause serious emotional and mental stress and take up an unnecessary amount of your time.

Luckily, Group NB offers tenant concern management and 24-hour emergency response services. If you should ever have to deal with an unruly tenant or a conflict that has escalated, our experienced and courteous property management professionals will be able to help you navigate any tenant situation that may arise.

Maintenance and Repairs

As the property manager, you’ll be called on by your tenants to address any repairs or routine maintenance that needs to take place in your building. Finding high-quality and affordable repair technicians can be almost as difficult as trying to make these home repairs yourself!

Group NB Property Management can help you find the right contractors, plumbers and electricians who can provide reliable repairs that are affordable for you. We also offer landscaping, painting and snow removal service so you can ensure that your property stays in the best condition possible.

Financial and Administrative Organization

The most important part of any residential property manager’s job is keeping track of the administrative and financial aspects of the property. This is especially important for properties that have a large number of tenants living in them.

Keeping track of multiple lease agreements and rent payments can get confusing. Group NB Property Management is highly trained to help you deal with the day-to-day administrative tasks as well as the overall organization of property management.

Property management doesn’t have to be a difficult venture. With the support of friendly experts from Group NB Property Management, you can run a successful and stress-free residential property. Contact us today to learn more about how our comprehensive residential property management services can help you.