Owning a rental property is one of the biggest decisions you will ever make. It is a lucrative venture as long as you stick to the right measures.
Unfortunately, not all investments turn out to be good or profitable. There are many rental owners who are struggling to maximize their properties potential.
Your rental income greatly depends on how you manage your property. Learning how to maximize your rental income is strongly recommended to avoid being in the same situation as many struggling investment property owners.
Hiring a reputable and property management company can be one of the most important decisions you’ll ever make.
For most property owners, managing a rental property takes a lot of their personal time, is stressful and can be overwhelming.
A property manager will closely monitor all aspects of managing your property and ensure it remains profitable.
They are also a valuable asset to any investor whether they are new or a veteran in the industry. They take on all the necessary duties and responsibilities to lighten the investor’s workload.
Nonetheless, you may also be wondering if it might just be an extra item on your list of expenses. Not exactly. With professional management services, you can get more out of your investment than if you managed it on your own.
You simple need the right partner!
With years of experience in the industry, we know what it takes to maximize a property’s profitability.
We offer all-inclusive management services. Don’t worry about your property, we’ve got you fully covered. If you’re busy enough as it is and always short of time – we will manage every aspect of your property.
How does hiring a property manager help me to maximize my rental profits?
Here are 9 benefits of working with Rogue Real Estate Sales & Property Management:
1. Strategic Rental Pricing
At Rogue Real Estate, we take the guesswork out of determining your rental price. Many property owners have no idea how rental prices are determined. This is one of the most common landlord mistakes.
Most owners use basic research methods like checking similar property prices and settle on an amount.
However, this is not entirely precise as there are other factors that should be considered before determining the rental price.
We will conduct professional market surveys and use our proven process to determine the best rental price for your property.
Our process will help determine the best rental price for your property. We believe in having competitive prices that will attract tenants but at the same time, ensure that you get a good profit.
2. Marketing Services
Vacancies are a nightmare. They leave holes in your pocket and result in no ways to pay bills. We’ll ensure your property is rented out in the shortest time possible.
Our goal is making sure that your property remains on the market for a long period of time. We know that your investment needs to bring you good returns as soon as possible. We have remarkable and effective marketing strategies that ensure your property is advertised on the best ways available where there is a high number of prospective tenants looking for rentals.
We aim to find the right tenant for your property who will commit to a long-term lease, is responsible, and pays rent on time.
3. Rent Collection Services
For many property owners, rent collection is something that many don’t look forward to. It can often be troublesome and stressful. This is only one of the many things property managers do for you.
We will collect rent for you if you don’t have the time or energy to run after your tenants. We know how to deal with different kinds of tenants and handle issues related to rent payments.
Let us manage your property and rest easy knowing that we will take care of these issues by using our efficient rent collection system.
Having been in business for so long, we also know how to deal with tenants who fail to pay their rent or pay the rent late.
4. Tenant Screening Management
We take care of your investment by finding you the best tenants.
The right tenants are responsible, reliable, financially stable and respectful of your property. Our thorough screening process covers credit, criminal background, and reference checks as well as employment history and verification.
Before we let them sign the lease, we make sure that they have met all the necessary requirements.
5. Maintenance, Repairs
Part of property management tasks that need to be regularly carried out is maintenance and repairs. We make sure that everything is working properly.
Our experience in the business had let us grow our vast network of contractors and vendors to carry out maintenance and repairs on your property.
We have maintained great partnerships with different vendors with whom we enjoy special rates and discounts. These benefits are passed on to you, so you get to enjoy lower charges on maintenance and repairs.
6. Tenant Management
Our goal is not just finding a tenant for your property. Once we’ve identified the right tenant, we deliver the daily management of the property. For your property to remain occupied, it is important to keep your tenants happy.
Often, owners try to determine if they need a property manager by figuring out what exactly they can do for them. Well, relationship management is often overlooked. Happy tenants lead to profitable properties.
When you hire us, you can rest assured we’ll take care of your property and your tenants.
We do so by being responsive and attentive to their needs. We focus on building a strong landlord-tenant relationship. We’ve found that this pays in the long run because it’s one of the best ways to ensure low turnover rates.
7. Legal Compliance
As a property owner, you should be aware that all rental properties are bound by property laws that should be complied with.
There are numerous state and federal regulations regarding rental properties that you may not know about. This may seem daunting and overwhelming for some.
We know that you may not have the time or expertise to understand and deal with these numerous housing laws and taxes. We take that burden away from you and ensure that your rental property complies with the necessary regulations.
We stay updated with all the latest developments so that you don’t get on the wrong side of the law.
8. Time-Saving Services
Once you hand over the reins of managing your property to us, we save you the aggravation of having to run around and deal with daily property management issues.
When under our care, we will keep you informed and updated of the progress, changes, maintenance your property needs. We will help you in many regards such as with tenant management, rent collection, maintenance and repairs, and compliance, among others.
Leave the task of managing your property to the professionals and enjoy doing the things you now have the time for.
9. Competitive Pricing and Transparency
We offer very competitive pricing and you’ll know exactly what you are paying for. Rest assured, there won’t be any hidden fees. We’re confident you’ll appreciate our transparency.
If you’ve been looking for a professional property management company in Medford, Redmond and Ashland, call us today and we will gladly assist you. We guarantee to offer you great value for your money.