As a rental property owner in Mooresville, getting the right property management company can be the determinant between being successful in real estate investing and having a life filled with trouble, hard work, and frustration. Property management is a 24/7 job, and properly managing rental homes takes a lot more time and effort as you acquire more. Employing a property manager to help with the workload and keep your rental homes occupied and profitable is just the smart thing to do. But, the wrong property manager can actually exacerbate things by making costly mistakes.
Other property management companies would have you guessing or figuring everything out for yourself instead of spending the time needed to evaluate the rental market and set the best monthly rate. The wrong monthly rate can be troublesome for two reasons: if the rent’s too high, it may be difficult to rent out your property, but if it’s too low, you’ll be losing rental income every month or prospective residents might think there is something wrong with the property.
When the property managers at Real Property Management Value first sign on with an owner, they instantly start a thorough property evaluation to make sure that the rental home is set to attract high-quality renters. The condition of the home is evaluated, as well as the current rental market, to guarantee that your rental homes are competitively priced.
Another costly mistake other property management companies often make is in the manner with which they attract and screen potential tenants. Some property managers don’t go past putting a sign in the yard and simply running the applicant’s credit history, neither of which is sufficient for finding quality tenants.
Every rental applicant Real Property Management Value considers is meticulously screened with full background checks including credit, criminal, past rental, and income history. We want to fill vacancies with quality tenants who would take care of your rental property throughout their stay as well as adhere to the terms of their lease.
Once new renters have signed a lease, other companies will often ignore all maintenance and repair requests, forcing their tenants to live with issues that start small but potentially turn into expensive repairs in the future. These companies often have a high turnover for this reason, because unfulfilled renters don’t really remain in a home when their property manager disregards or refuses reasonable requests.
At Real Property Management Value, we take a proactive management approach to all repairs and maintenance. A password-protected account is provided to our owners with which they can use to access their properties’ maintenance and repair information at any time. Monthly financial statements and clear, up-front fees put you in control of your investment.
When a renter signs a lease with Real Property Management Value, they sign their name to specific, legally binding documents that are meant to streamline the terms and state the consequences of violating those terms. They know from day one that their property manager is going to be regularly monitoring the property, which helps them stay vigilant as well.
Unlike these other business models, Real Property Management Value is known for delivering quality, inclusive service – and for good reason. For over thirty years, we prioritize providing a unique approach to property management that puts the best practices and top tools of the industry at your fingertips.
As a Mooresville rental property owner, a property manager who is going to put in the effort to protect your investment without interrupting your life is needed. By choosing Real Property Management Value, you are choosing genuine peace of mind. Would you like any further information? Please contact us online or call us at 704-230-4074 today.