As a rental property owner in Sudbury, hiring the right property management company can mean the difference between success and failure. Getting the wrong company may lead to a life full of tedium, struggle, and frustration while getting the right one would give you real estate investing success. Property management is a 24/7 job, and the more rental homes you own the more difficult it is to manage each one properly. To maintain high-quality management, a great deal of time and effort is required. The logical solution is to hire a property manager to help meet the demands of the work and keep your rental homes full and profitable. However, the wrong property manager would end up making poor decisions and costly mistakes. They would be of no help at all.
Other property management companies fail to arrive at the best monthly rate because they refuse to do their due diligence for evaluating the rental market. Instead, they take a guess or leave you to figure it out for yourself. The wrong monthly rate is a big problem for two reasons: if it’s set too high then people would pass it off for better deals, and if it’s set too low, you will lose rental profit every month and risk interested renters thinking that there is something wrong with the property.
When the property managers at Real Property Management Metro West-Worcester first sign on with an owner, they instantly initiate a thorough property evaluation to get the rental home ready to attract top-quality renters. They evaluate the condition of the homes, and also the current rental market, to come up with the rental home prices that are competitive.
Another costly mistake made again and again by other property management companies is in the manner that they attract and screen potential tenants. Some property managers render the bare minimum of service. All they do is put a sign in the yard and run a basic credit history check. They think this is sufficient to attract and screen quality tenants.
Each rental applicant that Real Property Management Metro West-Worcester considers is thoroughly screened with full background checks. This includes credit, criminal, past rental, and income history. We want to fill vacancies with reliable tenants that would help keep your rental property in good condition during their stay and also follow the terms of your lease.
Once new renters have signed a lease, other companies will often neglect their duties and ignore the requests for repairs and maintenance. This forces tenants to put up with small problems that would eventually turn into expensive repairs due to the neglect. These companies generally have a high turnover for this very reason, because frustrated renters usually leave a home when their reasonable requests are ignored or refused by their property manager.
At Real Property Management Metro West-Worcester, we take a proactive management approach to all repairs and maintenance. We present each of our owners a password-protected account that gives them 24/7 access to their property information. They can see the repairs and maintenance logs of all their properties any time they want. Monthly financial statements and clear, up-front fees put you in control of your investment.
When a renter signs a lease with Real Property Management Metro West-Worcester they agree to specific, legally binding documents that were created with the objective to streamline the terms and outline the effects of violating those terms. They know from the first day that their property manager will be checking on the property regularly, helping them stay attentive, too.
Unlike these other business models, Real Property Management Metro West-Worcester has already established a good name for delivering quality, comprehensive service— and for good reason. For over thirty years, we have made it our prime concern to equip you with a unique procedure to property management that puts the top tools of the industry and the best practices at your disposal.
As a Sudbury rental property owner, you need a property manager who will endeavor to protect your investment without disrupting your life. By choosing Real Property Management Metro West-Worcester, you are choosing real peace of mind. Would you like to have more information? Please contact us online or call us at 508-329-6000 today.
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.
