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Property Managers – 10 Reasons Why

Property Managers: 10 Reasons To Have One

When investors expand their property management portfolios, one of the most important aspects is finding a great property management team with whom to work. Thus, when we are speaking with potential clients, we know the pressure is on to give them a variety of reasons why they need our services. Of course, we can always talk about how partnering with us will keep them from being awakened in the middle of the night to go fix a resident’s overflowing toilet. While this is certainly a perk, it may not be enough for us to make the final sale during our presentation. Therefore, when making a pitch to potential clients, we have plenty of other great reasons from which to choose. If you are curious as to what they are, here are 10 of the best reasons why it’s great to have an excellent property manager looking after your homes.

Saving Money on Contractors
If there is one thing real estate investors hate, it is wasting money on contractors who turn out to be unlicensed or simply inept at their job, which usually results in small problems becoming much bigger ones. However, as we tell potential clients, partnering with a reputable property management firm can eliminate this problem. Instead, clients can have us vet potential contractors to ensure they are licensed, bonded, and insured. Combining this with excellent on-site maintenance staff and supervisors, the result is less hassle, happier residents, and fewer high-priced Bad - Good Rental Applicantemergency repair bills.

Increased Revenue
For any real estate investor, increased revenue is music to their ears. We understand this, which is why we emphasize our ability to thoroughly screen potential residents. By using state-of-the-art technology, we can easily spot red flags on applications, which in turn will help identify those applicants who are most likely to pay their rent on time and pose few if any problems regarding property damage.

Avoiding Legal Problems
For real estate investors, legal problems with residents or potential residents can be time-consuming and expensive. In fact, a recent TransUnion survey showed it costs the average landlord almost $2,000 to evict a resident. Rather than be saddled with this problem, we point out it is far more efficient and cost-effective to partner with us and our property management services. By doing so, investors can have managers for their properties who understand landlord-tenant laws, especially in areas involving discrimination, eviction processes, and safety rules and regulations.

Higher Occupancy Numbers
When a property is vacated, landlords want it filled again as quickly as possible. We understand this, which is why we can offer a variety of marketing strategies that will ensure not only that the vacancies are filled quickly, but are done so by residents who will be long-term, resulting in investors having a high return on their investment.

Higher Retention Rates
Just as we know it is important to give our clients high occupancy numbers, we know it is equally as important that their properties also have high retention rates. After all, it does little good to fill a vacancy, only to have the resident leave a month or two later. In our experiences, the best way to maintain high retention rates is to create an atmosphere where residents are happy where they live. To accomplish this, we ensure a safe and attractive community is maintained, management has excellent relationships with residents, and much more.

Simplified Accounting
While we leave the in-depth aspects of accounting to a client’s CPA, we do offer various services that can greatly simplify the accounting and oversight process. These can include information about tax deductions and investment opportunities, as well as owner portals that include on-demand statements and reports regarding income, expenses, and maintenance requests. By keeping owners informed, there are fewer chances for mistakes and oversights to occur.

Rent Collection Process
Since homeowners have plenty to do besides chasing down tenants to collect rent, we make sure this process is made as simple as possible. Along with establishing and enforcing payment guidelines, we can also set up portals allowing tenants to make online rent payments, making the collection process easy and efficient for all parties.

Freedom to Pursue Other Interests
With many real estate investors, their goal is to generate enough income to enjoy an active retirement. This can include traveling the world, spending more time with family and friends, working on their golf game, or pursuing other interests and hobbies. By partnering with us, they can do all this and more, since they will be guaranteed of having skilled professionals at the helm who will manage their property as if they were their very own. By putting their trust in us and our staff, investors can gain not only the freedom they desire but also peace of mind.

Increased Property Values
When an investor purchases property, the last thing they want is to see the values of their properties decline due to poor maintenance and other aspects that can factor into this area. To make sure this does not happen, property owners need to partner with a property management firm that can suggest and help initiate a variety of programs, including annual preventative maintenance inspections, policies for repairing or replacing appliances, and ways to initiate property upgrades. We can do this and much more since we constantly stay in touch with homeowners about steps they can take to ensure their properties maintain the highest possible values.

 

Authority Property Managemet Redding, CA.

Stress Reduction
Perhaps most of all, partnering with a reputable, experienced, and knowledgeable property management firm such as ours can greatly reduce the stress many investors deal with on a daily basis regarding their properties. While there will always be a problem or two along the way for any landlord, working with us can ensure the problems they experience are few and far between. From making it easy for tenants to pay rent, having maintenance personnel available to handle those late-night emergencies, and much more, our property management services can give investors the peace of mind they need and deserve.

 

 

 

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Best and Worst Pets for Apartments

Pets & Apartments & You.

 

Now that you have decided to bring in a new pet family friend, congratulations are in order! However, having a pet is a big, but fun, responsibility, especially if you are living in a city apartment. That said, ensuring that your pet is compatible with your lifestyle is critical to finding the right one for you. While all pets are unique, a few tend to work well in apartments – others don’t. Below is a carefully drafted list of apartment friendly and unfriendly pets to help you find that ultimate pet friend for life.Cat and Dog Apartment

The Best

Cats

94.2 million people in America would rather keep cats, compared to 89.7 million dog owners, and they make the perfect apartment pets. As long as their owners are dedicated to proBest and worst pet apartments viding play and exercise opportunities, cats don’t require walking outside. In addition, they are creative in making good use of vertical spaces, including your window sills, shelving, and furniture.

No matter how small your apartment is, it is large enough for a cat, when you install furnishings that provide it with plenty of vertical space. Just like humans, cats are also happy been left alone and ruling over their space.

Small dogs

If you are more of a dog person, small dogs like Chihuahua, Shih Tzu, and Cavalier King Charles Spaniel can flourish in apartments. However, some bigger dogs like Greyhounds can live well in apartments, and they are considered the dog’s world couch potatoes. These big dogs do require regular exercises all through the day to stretch their legs.

No matter the size of your dog, it’s critical that you have an apartment with easy access to a yard for activity and socializing. Fortunately, an online resource like this site offers a great choice of apartments for dogs. The yard helps foster long-term relationships while lowering stress levels in your furry friend.

Some reptiles

Some of the best apartment-friendly reptiles are the Kingsnake, Milk Snake, and Garter Snake. Other reptiles like turtles and tortoises are less intimidating than snakes and very social. However, you should be aware that some reptiles could reach intimating adult sizes. Furthermore, the requirements of an adult-sized reptile change so it is best you are aware to prevent unwanted future surprises.

The Worst

Big birds

Best and worst pet apartments Bigger birds like macaws and parrots are intelligent and prefer constant interaction with similarly sized birds. They are also noisy and require advanced care that can be expensive, but they can be a family member for more than 50 years. Due to their ear-splitting squawks, neighbors can complain and landlords usually side with them, even when birds are permitted.

Ferrets and sugar gliders

Ferrets are extremely cute and photogenic, but they also require a copious amount of space and plenty of it. In addition, they are very active and love to run and burrow. The same applies to sugar gliders who also require a companion or they become depressed and suffer health issues.

Creepers and crawlers

Critters such as Emperor Scorpions, Madagascar Hissing Cockroaches, African Centipedes, and Tarantulas can stay in small enclosures and require simple care. However, such pets require live food, meaning that you need to have a supply of insect delicacies like mealworms and crickets. A bigger downside to keeping them as pets is the risk of a sting or bite.

Conclusion

While apartment living brings you a set of advantages, for pet lovers, the downside is that they cannot keep some pets because they are too noisy, too large, too active or just unsuitable for apartment living. The list above can act as a starting guide to finding a pet that will flourish in an apartment.

 

 

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Rental Properties And Robot Vacuums

Rental Properties And Robot Vacuums, Do they work?

If there is one household task most people frown on, it has been the time-consuming task of vacuuming. In years past, this job consisted of carrying a cumbersome, bulky vacuum cleaner from room to room, where you constantly had to plug-unplug the machine. While this may have helped build up your muscles from carrying such a heavy appliance around the house, it often made it difficult to get the entire house cleaned in one day. But as we all know, technology has made its way into more and more aspects of our lives, and vacuum cleaners are no exception. As a result, we now have robotic vacuum cleaners in more and more of our homes, and they seem to be growing in popularity by the day. If you are busy with the kids, work, or both, here are some tips we want to share with you about the usefulness of a robot vacuum in your home.Robot Vacuume Rental Property (more…)