It’s true that investing in real estate can be a lucrative venture.
Unfortunately, not everyone in the industry can attest to that. There are a few rental owners who are still struggling to make the most out of their properties.
Are you one of them?
Would you like to know a little secret on how to maximize your rental income?
Here’s How:
Your rental income greatly depends on how you manage your property.
The majority of self-managed properties don’t generate as much profit as they should due to common landlord mistakes.
Poor management always results in low profits or even losses.
You don’t want that, do you?
The only way to shield yourself against the losses and inconveniences that come with managing a rental property is by hiring a competent, reliable, and reputable property management company.
And if that’s the solution you’ve been looking for, we – at Doug Anderson Property Management – can offer you an all-in-one rental management solution.
Now, it’s only natural to ask how hiring a property manager will help me to maximize my rental profits.
You might be wondering: Is it not just an extra item on my list of expenses? Not really.
With years of experience in the industry, we know exactly what to do and how to do it, in order to maximize your profits.
Our management services are all-inclusive. You won’t have to lift a finger to manage your property. We’ve got you fully covered.
So, what makes us the best property management company for you?
Here are a few perks of working with Doug Anderson Property Management:
1. Strategic Rental Pricing
The price you charge for your rentals is not something you should just guess.
Generally speaking, if you come up with a lower price, you’ll end up earning less than what you should.
On the other hand, if you overprice your rentals, very few – or no – tenants will come knocking on your door; and sadly, that means having a vacant unit.
Since both of these outcomes are bad for business, it would be wise to carefully and strategically come up with the perfect rental prices.
And we know exactly how to do that.
We use proven analytical methods, neighborhood averages, and market trends to determine how much your ideal rental price should be.
2. Marketing Services
To ensure that your property doesn’t stay vacant for long periods of time, it’s important to know how to advertise it.
Unfortunately, most landlords know very little about how or when to market their rentals.
Fortunately, this is just one of the many issues you won’t have to worry about when we start managing your rental property.
Part of our primary objective is to ensure that all your vacant rentals get long-term, responsible tenants.
We won’t stop marketing your property until we get you the best renters possible to occupy your property.
3. Rent Collection Services
One of the most frustrating tasks of managing a rental property is rent collection.
Some tenants just love playing “cat and mouse” games when the rent is due.
Luckily, with us managing your property, such worries become a thing of the past.
We have lots of experience in dealing with uncooperative and late-paying tenants. So, instead of worrying about how you are going to get your tenants to pay on time, leave that task to us.
The best part is that we have an effective digital rent collection system that’s not only efficient but also easy to use.
And if a tenant defaults on their rent collection, we know how to deal with these a situation as well.
4. Tenant Screening Management
How do you find the right tenants for your rentals? What questions should you ask?
Which red flags should you be looking out for to make sure that a prospective tenant isn’t lying?
How can you filter out the best renters out of the many who apply for tenancy?
These are just some of the many questions you’ll have to ask yourself when it comes to tenant screening. In truth, it’s never an easy process, especially if you are new to this.
And that’s where we come in. We have ample experience and knowledge in renter screening. Also, we know how to carefully and thoroughly vet a prospective tenant.
5. Maintenance, Repairs, and Tenant Management
We will not only find you good, reliable, responsible, and long-term tenants, but we will also help them on your behalf.
Avoid the headache of having to maintain and repair your rentals – let us do what we do best.
From solving tenant complaints to effecting maintenance and repairs, we’ve got your back.
One of our primary goals is to ensure that your tenants are happy and satisfied. That’s because a happy tenant equals long-term tenancy and that equals to a happy landlord.
6. Legal Compliance
Worried about the legal aspects of running a rental property?
Don’t be.
We’ll make sure that you remain compliant at all times.
Whether they’re local, state, or federal laws, we’ll make sure that your property stays on the right side of the law and at all times. This holds true, especially during an eviction.
7. Vendor Partnerships
Our many years in the industry have allowed us to partner with many local vendors.
So, you may be wondering how these partnerships benefit you. Better rates, service discounts, and high-quality products/services are among the perks you get to enjoy.
Note that with every dollar you save on discounts and cheaper service rates, you earn an extra dollar in profits.
It’s a win-win outcome for all parties. Awesome, right?
8. High- Quality and Regular Maintenance
We treat your property as if it were our own.
You can rest easy knowing that it is in good hands.
Regardless of how far you are from your rentals, you can always count on us to look after it with lots of care.
9. Time-Saving Services
What’s the fun in earning passive income if you spend most of your time managing your rental property?
There really is none. That’s why we are here to take property management duties off your hands.
Relax, find time for other projects, enjoy family time, and enjoy your free time.
Leave the task of managing your property to the professionals. The best part about this is that we’ll keep you up-to-date on all matters
10. Competitive Pricing and Transparency
Yes! Our management fees are very competitive and come with no hidden fees or risks.
So, you can enjoy first-class property management services at very low costs. We promised you we’d maximize your profits, didn’t we?
Conclusion
So, what are you waiting for? Give us a call today and we’ll be happy to assist you.
Allow us to help you manage your property properly and professionally. We guarantee to offer you great value for your money.