Many people invest in income-producing rental property only to discover that managing their property is a great deal more complicated and time-consuming than they originally thought it would be. Owning and managing rental property is not as basic as renting out the property then waiting for the money to come in each month. Repairs are sometimes needed and tenants may get behind in their rent. That’s why thousands of property owners nationwide trust real property management. Here’s some of the reasons why you should too:
DECREASED VACANCY RATES
attracting the right tenants quickly with our vast advertising network.
STRICT SCREENING METHODS
to place quality tenants, checking credit/criminal background, verifying employment and rental history.
STREAMLINED RENT COLLECTIONS
and evictions in compliance with all regulatory agencies. Ask about our Eviction Protection Program.
COST-EFFECTIVE, RELIABLE MAINTENANCE
minimizing expenses through our preferred vendor discounts and in-house system.
with round-the-clock access to property management details from anywhere in the world.
for property portfolios large and small.
REGULAR PROPERTY INSPECTIONS
both inside and out to ensure tenant compliance and assess property condition.
MANAGEMENT OF TENANT EMERGENCIES AND REQUESTS
to limit expenses and liability while minimizing costly turnover.
Ensures the proper knowledge, licensing and insurance combined with expertise on rental rates in the Ellicott City area.
ensures professionalism, consistency and reliability.
IN HOUSE LEGAL COUNSEL AND REGULATION EXPERTISE
to protect you from the cost and liability of mistakes and violations.
Need Better Property Management? We Can Help.
How Our Property Management Service Meets Property Owner’s Needs
Vacancy is the single highest expense a landlord incurs each year. When a property is unoccupied, there is no income coming in from it. Experienced, organized Real Property Management Metro is capable of screening applicants and marketing the property aggressively enough to develop a good applicant pool from which to choose. At the same time, they can make the property rent-ready by doing any necessary clean-up, yard work or maintenance needed to keep it in top condition.
A well-maintained property is the best incentive for a new tenant to keep the property in excellent condition while they are occupying it. They see that the owner cares about it, so they will also. This increases the stability of your investment because it keeps the rent money coming in. With Real Property Management Metro as your support system, the property remains clean and well-maintained, receives regular inspections, gets scheduled seasonal maintenance and has someone to attend immediately to a tenant’s requests for repairs 24 hours a day, seven days a week.
This strict attention to ongoing care will actually hold down your overall maintenance costs while increasing your profits. Tenants remain longer in properties where their landlords are attentive to their needs. When a property does become vacant, having a well-maintained property actually helps you re-rent it much faster. Rather than always having to be at your tenants’ beck and call, Real Property Management Metro handles all of this for you and provides you with information on everything being done.
You need never worry that you won’t know what is happening with and on your property. Your highly reputable Property Management maintains excellent and transparent records and online contacts with their landlord clients so you always know what is going on with each property. They are also quick to return calls and emails. You are never out of the loop. Many landlords hesitate to hire a manager, thinking they are saving quite a bit of money by doing everything themselves. The fact is that a Property Manager’s cost-effective fees actually pay for themselves in fewer costly mistakes being made and a much faster leasing time as well as greater occupancy rate, saving you money.
How Real Property Management Metro Protects Owners Legally
Landlords often fear that the fees of a management company will hurt their property’s profitability. In truth, exemplary service performed to the highest standards is offered at affordable flat-rate monthly management and leasing fees with no hidden charges. For these fees, you receive the protection of strong proactive attention to all local, state, and national compliance issues and competent legal counsel. Managing the pitfalls around meeting all the expectations of the Americans with Disabilities Act, the Fair Housing Act, the Habitability Law and other regulations plus all licensing requirements are all handled for you. They handle leasing, rent collections, inspections, compliance and, when necessary, evictions.
Our Ellicott City property management service also relieves you of the burden of rent collection while increasing the success of the process. By establishing a reliable tenant screening process, clear expectations on payments, availability of electronic payments and an automatic collection process, tenants are much more likely to pay consistently and on time. You want a Property Management service with high standards, excellent references, and transparency with clear communications in all their dealing with you. Your property investments are valuable assets. Check the reputation in the community and state of any company you hire to manage them for you.