How Property Management Companies in Sacramento Get Multi-Family Properties the Best Return on Investment
Managing a multi-family property takes time, knowledge, expertise, and top notch customer service. It is a job that requires around the clock care and availability. If you are a property owner, you know that you need someone who can deliver this and more. At RPM Select, our professional leasing agents have been rigorously trained in all aspects of property management and are ready to better serve you. We provide our clients with everything our competitors offer, and so much more. When you join the Select property owner’s club, you can expect to keep tenants, maximize revenue, and turnkey property management services.
Decreased Vacancy Rates
The moment a property becomes vacant, the clock is ticking for property management companies. Sacramento rental homes are especially in high demand and require managers to take immediate action upon vacancy. Every day that a rental property sits vacant, it costs our property owners money. We have your best interest in mind and our leasing professionals conduct thorough walk throughs of the property as soon as they receive keys from the previous tenants. They inspect and take notes as they walk the property and schedule vendors and repairs accordingly. They know that time is of the essence and schedule vendors back-to-back to minimize the days your property is not actively in the rent-ready stage. Because of our desire to take immediate action, our clients experience, on average, lower vacancy rates than properties offered for rent by our competitors.
Careful Screening Methods
Clients of Select enjoy long term tenants due to our rigorous screening methods. We only accept the most qualified applicants who pass our tough requirements. We require that all applicants who are 18 years old and older submit a signed and dated application to rent. This application tells us where they currently live, their past rental history, employment information, monthly expenses, if they have ever been evicted, and more. Property management companies in Sacramento must do their due diligence of verifying this information. Select also requires sufficient income proof which consists of the two most recent pay stubs, 6 months of bank statements, previous two years worth of tax return documents, of an official offer letter typed and signed on company letterhead. Always verify rental history and employment information by calling previous landlords and current employers. For a list of questions that we ask previous landlords, click here. Always run a credit check and criminal background check so you know if your tenants are responsible with paying their bills and to limit your liability as a landlord.
Streamlined Rent Collections
One of the ways to prevent late rent payments is to communicate clearly and effectively when rent is due, where it can be paid, the penalty if the payment is late, and the correct amount due each month at the time of lease signing. Property management companies in Sacramento must keep up with the times in regard to technology. Very few tenants still pay with a paper check. The majority of renters want an electronic rent payment service, and Select can deliver. Our online tenant portal allows tenants to pay rent with the click of a button and be done within seconds. We also have an automated alert system that tells us who has failed to pay rent and the course of action that needs to be taken. If rent is unpaid after your grace period, you must deliver a 3 Day Notice to Pay Rent or Quit to the unpaying tenant. If they still fail to pay rent, you should contact your legal counsel for directions moving forward with filing an Unlawful Detainer.
Get Cost Effective Maintenance with the Top Property Management Companies in Sacramento
When property owners hire property managers, they often get the privilege of discounted prices from vendors. Clients of Select enjoy even deeper discounts than the average management company offers. We hire only licensed and insured vendors who have proven track records. Many of our vendors have been servicing our multiple properties for years, and are highly skilled and trusted in their industry. At Select, we believe in preventative maintenance. We conduct biannual property inspections to assess needed maintenance, make repairs before they turn into big maintenance issues, ensure tenants are in compliance with the lease agreement, and care for any seasonal maintenance. Proactive maintenance saves our property owners thousands of dollars every year. Our experienced professionals also act promptly when maintenance requests are received in an effort to keep costs down, tenants happy, and caring meticulously for your property.
Professional and Trusted Staff
It takes a lot of trust and homework to find a property management company in Sacramento that is right for you. It takes interviews, asking the right questions, and comparing prices to make an educated decision for your investment. Select is known for having three decades of experience, highly trained professional leasing agents, skilled and thorough vendors, and most of all, trust. Our expertise serves us well in all areas of property management and allows us to protect our clients and get them the best return on investment they have yet to see. Put your faith in us, call us today.
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