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It’s important to know your investment is in good hands.
While life can take some unexpected turns, it’s a great feeling to know that there are people who can help. Whether life has asked you to relocate for personal or employment reasons, your beautiful home just isn’t selling, or you’re upgrading/downgrading your own living arrangements, you can trust in Real Property Management Select to manage your property and ensure its highest return.
Here is what you need to consider when renting a unit outside of your own local area…
Do I Really Need A “Property Manager?”
There are many aspects to managing a rental property. These include maintenance, accounting, marketing and leasing, evictions and collections, inspections, and most of all, legal compliance. All require a pro-active approach to ensure proper and smoother renting of a home, for both you and the tenant. Sometimes having a friend or neighbor handle the property just isn’t enough to stay on top of the full rental process. While there is a small cost with hiring a property manager, this in-turn pays for itself with shorter vacancies, decreased turnover from keeping qualified tenants in the property longer, preventative maintenance to reduce repair costs, and legal knowledge to prevent costly court battles. While friends and neighbors are busy living their own lives, a property manager’s sole focus is to maintain and care for your property.
How Can I Get The Best Return?
Having a property management company manage your property will help get the best return on your investment. We all understand that rental income is often the primary focus in this business, but there are other aspects that can deduct from this revenue. Items such as having to replace appliances that break, code violations, advertising, evictions, etc., can lower the monthly rent you get to keep. However, a pro-active and property manager recognizes these issues ahead of time, keeps you updated on the status, and handles every situation professionally to help avoid costly mistakes. Having your property professionally managed will save you money.
How Can I Know What Is Happening With My Property?
Our comprehensive property management software system allows property owners 24/7 access to their “Owner Portal”, allowing you to view statements, review owner draw distribution amounts, look up invoices, review inspection details with pictures, download documents pertaining to the management of the home, see all rental leases, and have personal conversations with your property management team working for you. All this is available to you whether we manage only one home or a whole portfolio on your behalf. This allows you to be on the other side of the world and know what is going on with your property at any time.
Real Property Management is a nation-wide organization, and not some small discounted property management side project. We offer up-to-date knowledge, expertise, and extensive resources to manage your rental property efficiently and professionally. While a friend or neighbor may be willing to help when it’s convenient for them, it pays to have a reputable property management company working for you 24 hours a day, 7 days a week.