If you own or planning to own rental property, property management will can either make or break you. You need an effective, experienced and knowledgeable Property Manager.
Here are things to consider:
Proper screening tenants is a must. Putting in the wrong tenant can cause higher turnover costs (cleaning, repairs, vacancy, lost revenue, legal costs, etc). Todays Home LLC will have a tenant fill out a rental application and then do proper background checks to help ensure you get good tenants.
Handling calls and showing Tenants is very time consuming. We understand that most of the inquiries about your rental property are a complete waste of time. Most inquiries are sales calls or unqualified tenants. Sometimes tenants don't even show up to see the property after scheduling a time that is convenient to you. Let Today's Home take care of all of that for you.
There are legal aspects of Landlording that you might not be aware of. In this country, you can be sued for any reason. North Carolina laws are more on the tenant's side. If you don't know the law (especially regarding collecting rent), it can cost your plenty. Today's Home is experience in Property Management and can help you avoid costly legal fees and fines. In fact, it is estimated that 98% of the people doing property management do not fully understand the laws that govern rental real estate.
Scheduling and doing repairs and cleaning to your property takes time and money. Today's Home can handle all this for you. If you are not experienced in doing your own repairs, it might take longer to get them done (which costs you revenue) and it could cost you more money. We have people that we work with to get things done cost effectively. We can evaluate a job to make sure you don't get ripped off. When a tenant moves out, time is money and you need to make sure that things are done quickly.
Property Management is stressful. A property owner can stay awake at night worrying about their property. Since we handle the property for you, these headaches are ours. You can be assured that if anything goes wrong, we will take care of it for you.
Property Management might not be your main job. If you are busy working a full-time job or an investor that needs to spend more time finding good deals, the last thing you want is to have to deal with Property Management issues. You do what you are good at to make money. We will do what we do to help you make even more.
Hiring a Property Manager can actually help you rent your property for a higher net return. Since we market your property effectively, we can usually get the market rent for your property. Many property owners lower their rental rates or rent to the first person that shows interest. Lower rental rates and higher turnover results in less money for you.
Please note that Today's Home is selective in choosing it's Property Management clients and properties. We need to have a good relationship with our clients and the properties must be in good shape or a willingness to get them as maintenance free as possible.
If you are interested in learning more about how we can help you with your Property Management, please fill out the form below and so we can contact you with that information.
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