As a Central rental property owner, having the right property management company can make the difference between real estate investing success and a life filled with hard work, trouble, and frustration. Property management is a 24/7 job, and the more rental homes you own, the more time and energy it needs to properly manage each one. Getting a property manager to help with the amount of work and keep your rental homes occupied and profitable just makes sense. But, the wrong property manager can actually worsen matters by making costly mistakes.
Other property management companies fail to spend the time needed to evaluate the rental market and set the best monthly rate, having you guess or figure it out by yourself instead. The wrong monthly rate can be very problematic for two reasons: if the rent’s too high, you have difficulty renting out your property, but if it’s too low, you would be losing rental income every month or even run the risk of potential residents believing there are issues with the property.
When the property managers at Real Property Management Baton Rouge first sign on with an owner, they immediately begin an exhaustive property evaluation to ensure the rental home is ready to attract high-quality renters. The home’s condition is evaluated, together with the current rental market, to guarantee that your rental homes have been competitively priced.
Another pricey mistake other property management companies often make is in how they appeal to and screen potential tenants. Several property managers just set up a sign in the yard and run the applicant’s credit history, neither of which is enough for finding quality tenants.
All rental applicants that Real Property Management Baton Rouge considers are carefully screened with full background checks including their credit, criminal, past rental, and income history. We want to fill vacancies with quality tenants who are going to care for your rental property during their stay and follow the terms of your lease.
Once new renters have signed a lease, other companies will often disregard every maintenance and repair request, forcing their tenants to live with problems that might start minor but could become pricey repairs in the future. These companies usually have a high turnover due to this reason, as frustrated renters seldom stay long in a home when their property manager snubs or rebuffs reasonable requests.
We take a proactive management approach to all repairs and maintenance at Real Property Management Baton Rouge. We give all our owners a password-protected account through which they could access maintenance and repair information regarding their properties at any time. Monthly financial statements and clear, up-front fees give you control over your investment.
When a renter signs a lease with Real Property Management Baton Rouge, they sign their name to specific, legally binding documents made to streamline the terms and state what happens when they go against those terms. They are made aware from the first day that their property manager is going to be routinely monitoring the property, also helping them stay vigilant.
Unlike these other business models, Real Property Management Baton Rouge is well reputed for providing quality, inclusive service – and for good reason. For over thirty years, we have made it a priority to offer a unique approach to property management that sets the best practices and top tools of the industry at your fingertips.
As a Central rental property owner, you need a property manager who is going to strive to protect your investment without disrupting your life. By choosing Real Property Management Baton Rouge, you are choosing genuine peace of mind. Would you like any further information? Please contact us online or call us at 225-389-6860 today.