As a rental property owner in Homestead, hiring the right property management company means a life of real estate investing success. The right company will put a stop to the frustration, hassle, and hard work. Property management is a 24/7 job, and each rental home takes time and energy to manage properly. That means that the more rental homes you own, the more time and effort is demanded from you. The answer to the workload problem is to hire a property manager. They would work to ensure your rental homes stay full and profitable. However, the wrong property manager and their poor decisions might end up costing you more.
Other property management companies fail to do the proper research to arrive at the best monthly rate. Instead, they take a guess or ask you to be the one to evaluate the rental market yourself. The wrong monthly rate is definitely a big problem. If the rent is set too high, this makes the deal unattractive to potential residents. But if the rent is set too low, then you won’t be getting the optimum income, and some of the interested people might be suspicious about the price and think something is wrong with the property.
When the property managers at Real Property Management Sunshine first sign on with an owner, the first thing they do is go through a thorough property evaluation to make sure the rental home is ready to draw in high-quality renters. They take a look at the condition of the homes and also the current rental market. Their evaluation would determine the best competitive prices for your rental homes.
Another expensive mistake frequently made by other property management companies is in the process they use to attract and screen potential tenants. Some property managers settle on placing a sign in the yard to attract tenants and running a rudimentary credit history check to screen them. Neither of these is sufficient if you want quality tenants.
Every rental applicant that Real Property Management Sunshine considers goes through thorough and full background checks that include credit, criminal, past rental, and income history. We wish to fill vacancies with quality tenants that, during their stay, will take care of your rental property and also comply with the terms of your lease.
Once new renters have signed a lease, other companies will usually set aside any requests for repairs and maintenance, forcing tenants to bear with the problems. These problems start small but they have a tendency to turn into expensive repairs later on. These companies normally have a high turnover for this reason, because renters would leave out of frustration. It’s definitely not a pleasant experience when your property manager ignores or refuses your reasonable requests.
At Real Property Management Sunshine, we take a proactive management approach to all repairs and maintenance. We provide each of our owners a password-protected account. They can use this account to access the repair and maintenance information of their properties 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 Sunshine they adhere to specific, legally binding documents that are intended to streamline the terms and outline the outcome of violating those terms. They know from day one that their property manager will be keeping tabs on their property regularly, helping them be observant, as well.
Unlike these other business models, Real Property Management Sunshine has a track record of delivering quality, comprehensive service— and for good reason. For over thirty years, we have made it our utmost goal to give you a unique method to property management that makes both best practices and top industry tools part of your management arsenal.
As a Homestead rental property owner, you need a property manager who will strive to protect your investment without disrupting your life. By choosing Real Property Management Sunshine, you are choosing real peace of mind. Do you want more information? Please contact us online or call us at 305-930-7867 today.