Getting the services of a property management company is possibly one of the greatest important decisions an effective real estate investor can make. Even though the management fee will differ, it ought to not be the determining aspect when choosing who to hire. It is the value that owners receive for that fee, rather than the dollar amount itself, that matters in the end. There are significant paybacks to hiring a Carrollton property management firm that renders quality services, industry contacts, and reliability across office locations nationwide. These things and more are what makes Real Property Management Legend an outstanding choice for investors large and small.
The common notion is that the job of a property management company is to look for tenants for a rental property, gather rent and then take care of a few tenant-requested repairs. Although these are part of the job, true property management covers so much more. For example, a quality property management company should be able to use proven tools and systems to both protect you and your investment as well as maximize your rental’s profitability.
At Real Property Management Legend, we coordinate with property owners to strategize cost-effective maintenance and enhancements, checking on the state of the property throughout the year. Using our proprietary tools, we will help property owners determine the best monthly rental rate for their properties, to find and retain quality tenants for each one. We use a proprietary system for tenant placement that covers a rigorous screening process to help ensure quality tenant placement.
Not all property managers have the skill and proficiency to take on the circumstances that are not too common, for instance, evictions, accessibility concerns, and the death or divorce of a tenant. Competence and expertise are never an apprehension when working with Real Property Management Legend. Our offices are prepared with streamlined, automated systems for collections and evictions that ensure the process is completed efficiently and in compliance with all laws and codes. Each office also has expertise in Landlord/Tenant law, the Federal Fair Housing Act, licensing, insurance, and more.
One aspect of property management services that is often overlooked is the company’s ability to provide good communication and access to financial information. As a property owner, communicating with your property management company is an important part of protecting your investment. Most property management companies will provide financial statements quarterly, sometimes monthly. But at Real Property Management Legend, property owners have access to a secure online account where notifications and financial statements are always available. This makes keeping tabs on your Carrollton property easy to do from just about anywhere.
Of course, having a local office to visit or call is important, too. Many property management companies have one or two locations and manage properties within a small radius of their office. Some investors hire multiple property management companies to help them grow their investment portfolios, which limits their investment opportunities to one area. But it doesn’t need to be that way. With hundreds of offices across the nation, Real Property Management Legend is your local office no matter where you purchase rental properties. If you would like more information, please contact us online or by phone at 214-235-2427.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.