‘Whether you’re a carpenter or an athlete, an investor or an infantry officer, greatness is in the details.’
Ryan Holiday, Discipline Is Destiny
A small mistake can snowball and lead to massive consequences. This is true in many areas of life and business, but in property management the stakes are particularly high.
It’s important to be in control of your property investments. That means making sure:
- your properties are safe
- your tenants are happy
- you stay up-to-date with changing legislation and operate within the law
- you’re protected when maintenance issues or unforeseen circumstances arise
That’s a lot of plates, and they all need to keep spinning. It’s easy to miss something small when you’re focusing on the big picture, but that could be very bad indeed.
Professional property management is in the details
When it comes to property management, missing something small today could come back to bite you months, or even years, from now. You might not realise you’ve made a mistake until the consequences present themselves!
Here are a few examples
Have you ever:
- forgotten to provide a new tenant with a How to Rent Guide? 📄
That could lead to you losing an eviction case - missed an ID document? 🆔
You’ve breached anti-money laundering regulations, and you could face a massive fine - failed to undertake a fire door assessment? 🚪🔥
If so, you’ve broken fire safety laws, risking fines… and lives
These examples are scary, and frighteningly common. They aren’t minor oversights; they can cost you financially, legally, and reputationally.
Attention to detail matters. Every document, every inspection, and every compliance check plays a role in protecting your investment, and the people living in the homes you own.
Never miss a trick
It is all-but impossible to stay on top of every detail when you self-manage your rental properties. There are always things to stay on top of. And the legal ground is shifting regularly.
The number one – and really the only – way to make sure you’re across every detail is to hire professional property management services. Make sure to hire a letting agent you trust, because you maintain legal responsibility for your properties, even when you outsource management. And do your due diligence – check an agent’s track record, independent reviews and processes, to make sure all bases are covered.
If your investment properties are in Liverpool City Region, Greater Manchester or Cheshire, contact us at Homesure Property to discuss your property management needs. We’re the largest independent property management company in the region, and the highest rated for customer service. When your properties are managed by Homesure:
- you can check your portfolio 24/7 via our online portal, PropertyFile
- detailed photographic reports of your properties are sent to you every six months
- the more properties we manage, the more you save with our sliding fee scale
Call 0151 722 2222, or email lettings@homesureproperty.co.uk to book a call.