Part 2: “7 Reasons Why Hiring a Property Management Company will Put More Money in Your Pocket!”
Property Management, Real Estate

Part 2: “7 Reasons Why Hiring a Property Management Company will Put More Money in Your Pocket!”

4. Boost Your Revenue by Achieving Higher Tenant Retention Rates Maintaining a high tenant retention rate – keeping your current tenants from moving out – can easily be accomplished by property managers who know how to keep your tenants happy. Rental management teams have the experience to maintain good relationships with your renters. This includes such things as taking care of maintenance issues in a timely manner, conflicts with other residents, as well as keeping the property looking well-maintained and attractive. Additionally, providing a rental portal for easily making payments and submitting repair requests is a bonus for your renters.…
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Part 1:  “7 Reasons Why Hiring a Property Management Company will Put More Money in Your Pocket!”
Property Management ,

Part 1:  “7 Reasons Why Hiring a Property Management Company will Put More Money in Your Pocket!”

1. Avoid Financially Draining Vacancies with Proper Marketing Strategies An experienced property management team can literally save you thousands of dollars with their proven marketing strategies. Their advertising efforts can pull in a huge pool of candidates very quickly. This can certainly fill your rental property vacancy within a timeframe that prevents you from losing money. Also, a property management company will have the necessary experience and skills for writing compelling rental ads and creating professional photos. In addition to this, they are set up to be able to negotiate advertising rates; cutting your costs even more. Lastly, they have…
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Property Managers and the Rapidly Shifting Market
Property Management

Property Managers and the Rapidly Shifting Market

Property managers’ local market expertise will be coveted by (smart) investors as high-yield markets shift rapidly. Smart investment picks are constantly changing as we reach the end of the current real estate cycle. With cap rates compressing and regulations increasing in overheated primary markets, investors are discovering higher yields and faster growth in mid-sized cities and suburbs. However, as investors have rushed into thriving cities like Austin, Nashville, and San Diego prices have ballooned and cap rates have rapidly compressed. This has split investors’ interest between safe bets and each new year’s up-and-coming markets over the last few years. We…
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