Property management: a guide for a property owner in Phnom Penh
Owning a rental property is a profitable investment, but it takes so much of your time and effort to manage. A landlord might work full time, from screening potential renters to answering repairs and maintenance requirements. This is why many property owners prefer to hire property management.
Here are 5 tasks we do as your property manager:
① Marketing your property: We possess market knowledge and know where to advertise your property to the target customer. We keep up to maximize your rental income by reducing vacancy.
② Tenant screening: Not only do we give your property the best possible exposure, but we also do the background check on the potential tenant for you.
③ Paperwork and lease negotiation: Paperwork is one of the most stressful processes for the landlord. As a property manager, we negotiate the best possible terms for both tenants and the landlord.
④Tenant support & Maintenance: We offer dedicated assistance to tenants, addressing their concerns promptly—from maintenance requests to lease queries—to ensure a smooth, positive rental experience.
⑤Rent collection and financial report: We are also in charge of financial matters such as rental rate setting, budgeting, and record keeping. They deliver financial reports to the property owner, such as income statements and expense summaries.