Common Mistake #1: Leasing Delays
Extended vacancies drain your cash flow for your Folsom property management. Learn how to prevent them.
Our mission at Real Property Management Select is to help rental property owners increase cash flow, improve efficiency, and sustain the stability of a property investment. But new investors often don’t understand the complexity and risks of managing tenants and properties. As the number one industry leader in property management, Folsom landlords trust the proven processes of Real Property Management Select. Our dedicated experts help landlords avoid common mistakes and expensive oversights.
Leasing delays and extended vacancies are among of the most common mistakes DIY landlords make in property management. Folsom landlords realize the average rental vacancy can last well over a month which greatly impacts cash flow. Many landlords take a disorganized approach to solving these leasing and vacancy problems. At Real Property Management Select, our professional Folsom property management is uniquely able to help owners prevent further hassles and headaches with leasing delays.
First, our experts recommend getting the property rent-ready. Landlords lose a majority of their applicants after listing if their property lacks curb appeal or is not ready to show. Getting a home ready to rent starts when the former tenant moves out. Re-keying, lock box installation, and fixing cosmetic and functional repairs are a few of the first steps.
Next, make sure your home rental is priced right. The experts at Real Property Management Select know all the ebbs and flows of the local rental market. Potential tenants will be turned off if the property is priced too high, and your profit will be crippled if the property is priced too low. We offer a free market evaluation to help you decide on the best rental price for your investment.
Finally, market your property aggressively. Too many owners stop with a yard sign or an online listing. To find great tenants for your rental home, our Folsom property management team recommends posting on 20 to 40 popular websites. Video tours and quality images will increase the listing’s appeal. Real Property Management Select advertises our homes on many popular websites taking the stress of advertising from off your shoulders.
Real Property Management Select is committed to helping investors get a better return on their rental investments. Our team of specialists ensures the best performance in property management. Folsom landlords depend on us for marketing, leasing, maintaining, inspecting, collecting, and many more rental services. Thousands of investors know you won’t find a more professional and experienced property management company. Learn more about our services and put our team to work for you today!