Managing a Property Means Just Collecting Rent and Handling Maintenance Calls.
This is a Fact!
Property owners need to constantly be aware of liabilities involved with owning a rental property, their insurance coverage, and obligations to the tenant. They should also be aware of Tenant and landlord laws, property codes, Federal Fair Housing Laws, as well as local city ordinances that can change annually.
Keeping up with all of these things in addition to collecting rent and handling maintenance requires a skilled and experienced team. Let RPM Insight step in and take out the stress and headaches of being a landlord!
I Can Expect a High Enough Rent to Pay for My Costs Because My Home is in Great Shape and in a Good Neighborhood.
This is a Myth!
After redoing your home, checking to make sure the neighbors, and surrounding school districts are great you think that you can list your home and charge rent to cover all of your cost. Most property owners end up discovering that they have to lower their rental cost due to the fact that there are so many rental homes in their area. Real Property Management can help you with any questions you may have regarding this Myth!
Leasing Properties is Easy Work!
This is a Fact!
Unfortunately, when homeowners think about investing in real estate, they often think that it doesn’t involve much work. Most think it just involves buying a sign for the front lawn, and then out of nowhere tenants will show up. This is not the case; most homes will stay vacant for awhile especially if it isn’t the correct season or if it isn’t a decent price. An example of this is, if your home that you want to rent is in a college town you want to put it on the market in the spring so that perspective renters for the next school year can sign before going home. Real Property management can help you with all of the peak times to lease your home, and how to get it market ready.
You should save money and go with the cheapest option for Property management in your Area.
This is a Myth!
This is the worst myth of them all! If you go with the cheapest option, you are most likely going to get limited services. Typically, a smaller fee will mean less service and less time helping you with your needs. A company who charges less probably has less experience and fewer team members to help with different aspects. Real Property management has a team of professionals who will assist your every need.
Its easy to find a Tenant that will pay me on time and take care of my Home.
This is a Myth!
If you have a tenant who is the wrong fit and is not treating your property with care this will end up costing you money. Ultimately, you will be paying 4-6 times the rent to replace items and restore the home for the next occupant. Real Property Management is great at on-going communication. We make the effort to keep you informed about your property. We offer a secure online account that will keep you updated on all property activity. This will include vacancies, leasing, maintenance, inspections, and financial reports. This will help to reassure you that your property is in good hands.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
