Rental Property Management Companies can help you find the best tenants, steer clear of the many potential issues that can arise when owning rental property, and they can help you maximize your investment!
No! Just like no rental property is the same!! Do all companies learn about your property, the age and condition and maintenance necessities of the components in the unit or house? Do they seek out all applicable association and local ordinance laws and rules needed to ensure your tenants know what they need to know? Are these companies really interested in helping you maintain and maximize YOUR UNIQUE rental property?
Beware! Many new property management companies have popped up in the last couple of years... and many real estate agents are now offering to manage rental properties on their own. Then there's the new Renter's BIG BOX company that is more concerned about buying up and owning the most number of rental property "accounts" (yes, they consider their landlords to be numbers in their portfolio). They hire "managers" that have no experience, and end up costing their landlords lots of unnecessary money. BIG BOX rental management companies treat each property the same, and their profits come from having big numbers of accounts in a portfolio. They don't measure their success by delivering the best quality service to each individual landlord.
EVERY rental property is unique, and every landlord's financial situation and goals for his/her rental property is different. BE CAUTIOUS! Unless the rental property management company you hire has a lot of experience, and tried-true systems in place... they can end up costing you A LOT of money unnecessarily!!! AND your management experience may end up being a disaster! We know, because many of our rental property management landlords come to us from bad experiences elsewhere!!
Ask prospective Rental Property Management Companies...
Do they issue the IRS-mandated 1099s?
Will they give you 24/7 online access to your account and records?
Will they give you monthly income/expense statements?
How many properties do they manage?
How long have they managed residential rental properties?
What are their monthly fees? Renewal fees? Hidden fees?
Do they add a hidden fee/percentage to your repair bills?
Do they have a network of reliable handymen/professionals to give the best rates?
Do they watch and analyze your expenses v your ROI?
Are they actively helping you keep your property in top marketable condition?
Don't want to manage your own property?
We are committed to finding and screening for the very best tenants we can find for your property. We have a solid, proven track record for finding great tenants in the shortest amount of time, delivering great customer service so they want to renew.
We offer the best monthly property management services in town! We provide screening/background checks, work with associations, collect rents, coordinate repairs and rent-ready projects, handle tenant requests, deal with lease violations, handle security deposit claims, provide cumulative monthly statements, more!
Hire experienced professionals and treat your rental property as your business! Request a Rental Market Analysis and Proposal to include our fees and an outline of our services. Need advice? We've been doing this a long time... we'll give you pointers on how you can save money, great tax deductions like Home Protection Plans, what Landlord Insurance policies are (and why you need them!. And learn about common rental problems, loan modifications, pets & leases, common landlord forms, and security deposits (the Landlord/Tenant Act).
TOP LANDLORD / RENTAL ISSUES
Security Deposits, Pets, Early Termination, Subleasing, Eviction
Late Rent, Extra tenants not on lease, Liability, Mold
Lead Based Paint, Current Rental Market Values
Cost of Monthly Management
Cost for Filling a Vacancy
Landlord Insurance, Renter's Insurance
Preparing the Lease
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