Owning rental properties comes with risk. Without the help of experienced property management professionals, it can be difficult to maneuver the ups and downs of the rental industry. At Real Property Management Select, we use a hassle-free leasing cycle proven to minimize costly mistakes and maximize cash flow. Read below to learn the answers to our most commonly asked questions.
What’s the fastest way to get my property rented with reliable tenants?
Being proactive is the best way to decrease vacancy periods and ensure a smooth transition between the previous and incoming tenants. You need to complete maintenance repairs when they are needed. This way your rental consistently stays up-to-date and will not need major fixes between tenants. Plus, you increase the odds of attracting qualified tenants if your home meets certain standards. A strong marketing strategy is crucial as well. With more views, you have a higher chance of finding reliable tenants. Other Sacramento property management companies may rely on yard signs alone. At Real Property Management Select, we advertise your home listing across dozens of websites and also include a virtual showing.
How do I take the headache out of rent collection?
Clear communication is key. A lease contract should outline tenant duties versus landlord responsibilities. It is important to communicate your expectations at the lease signing. Then once tenants move in, enforce a firm-but-fair rent collection process. At Real Property Management Select, tenants can use a personal online portal to make rent payments. This gives tenants an easy and convenient way to make an on-time payment.
How do I best protect myself legally as a landlord?
Be the kind of landlord you would want to have yourself. Be kind, courteous, and respectful. Your landlord/tenant relationship carries a direct financial impact. Tenants that feel valued tend to better maintain a property, follow the rules, and stay longer which decreases tenant turnover and vacancy time. Make sure to use ethical business practices. Your rental property is a business and should be operated as such. You must follow all federal, state, and local laws and regulations. Our leasing management team understands the rental industry and knows how to help you avoid costly violation fines.
How do I cut maintenance expenses?
While it may seem contradictory, you can save money by spending money on necessary maintenance repairs. Small repairs turn into big repairs when not cared for promptly. A simple fix can turn into a costly project if left unattended. Be proactive and take care of maintenance issues when they arise. As one of the leading Sacramento property management companies, we have experts that work around the clock. Tenants can contact our professionals any time of the day or night in case of a maintenance emergency.
How can I stay informed if I use a property management company?
Real Property Management Select is committed to keeping our landlords informed about their properties. Using our online owners portal, you can find all the documentation related to your property at any time. We provide detailed monthly financial reports and year-end tax statements. Plus, during the leasing process, we send weekly updates notifying of the status of your rental. Our live hotline is also available 24 hours a day.
Wouldn’t I save money by managing my property myself?
Property management is a 24/7 job. You cannot take off nights, weekends, or holidays. If your property is mismanaged, you can see a decrease in cash flow and even encounter expensive violation fines if not following all federal, state, and local regulations. Our team has the expertise and knowledge to make you a profitable investment business owner, even after paying our low fees.
How will paying professional management fees affect my cash flow?
Investors can see an increase in their cash flow with the use of our professional services. We help you avoid common but costly mistakes such as too many vacancy days, unnecessary leasing delays, lax tenant qualifications, inadequate rent collection terms, and overlooked maintenance. While rental properties can be a smart financial investment, the leasing management process takes skill, knowledge, and resources.
Okay, I don’t want to do all this myself. How do I choose the best Sacramento property manager?
Not all Sacramento property management companies are created equal. It is best not to select a company based solely on price. Look at what services are offered and whether they have the necessary staff, technology, and resources needed to be a reliable property manager. Take the time to ask the hard-hitting questions, so you know exactly what your fees are going toward. Also, watch out for any hidden costs.
Why should I choose RPM Select over other Sacramento Property Management Companies?
The professionals at Real Property Management Select want to see you succeed. Our team understands the rental industry and knows the Sacramento market. We can help you get a better return on your rental properties. We take the headache and hassle out of being a landlord.
Experienced Team, Proven Process
Our unsurpassed leasing management service trumps other Sacramento property management companies. The team at Real Property Management Select knows how to protect your property and make you a profitable homeowner. We are trustworthy, dependable, and affordable. Call today and put our proven processes to the test.