What are my financial responsibilities as a property owner?

As a property owner, you are responsible for covering property-related expenses, including property taxes, insurance, mortgage payments (if applicable), and maintenance costs. You are also required to fund repairs necessary to keep the property in habitable condition, such as plumbing or electrical repairs. If you have hired EGL Properties to manage your property, we can handle the day-to-day financial aspects, such as collecting rent and paying vendors, but the ultimate responsibility for these expenses lies with you as the owner.