As a rental property owner in Pleasanton, hiring the right property management company means a life of real estate investing success. The right company will put a stop to the frustration, hassle, and hard work. Property management is a 24/7 job, and each rental home takes time and energy to manage properly. That means that the more rental homes you own, the more time and effort is demanded from you. It would be more than reasonable to hire a property manager to help with the workload and make sure your rental homes stay profitable and occupied. However, a wrong property manager may actually make things worse. Their poor decisions may turn into costly mistakes.
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 huge problem for two reasons: If the rent is too high, you may not get many people interested in renting your property. If the rent is too low, you’ll be losing rental income every month, and some prospective residents might think that low price means that something is wrong with the property.
When the property managers at Real Property Management One first sign on with an owner, they promptly start a thorough property evaluation to see to it the rental home is ready to win over high-quality renters. They evaluate both the condition of the homes and the current rental market to make sure that your rental homes are competitively priced.
Another expensive mistake often made by other property management companies is in the way they draw and screen potential tenants. Some property managers don’t do more than just installing a sign in the yard and running a basic credit history check. Neither of these is adequate if you want to attract and screen for quality tenants.
Every rental applicant Real Property Management One considers is given a thorough screening with full background checks. This includes credit, criminal, past rental, and income history. We desire to fill vacancies with the best types of tenants— those that will care for your rental property and stick to the terms of the lease during their stay.
Once new renters have signed a lease, other companies will usually brush aside any repair or maintenance request, forcing the tenants to live with the problems. These problems may start small but may swell into expensive repairs over time, making the neglect of requests even more costly. 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 One, 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 charge of your investment.
When a renter signs a lease with Real Property Management One they write their name into specific, legally binding documents that were made with the intention to streamline the terms and outline the ramifications of violating those terms. They know from the start that their property manager will be keeping watch over the property on a regular basis, helping them pay attention, too.
Unlike these other business models, Real Property Management One already has an image that stands for delivering quality, comprehensive service— and for good reason. For over thirty years, we have made it our utmost goal to give you a unique method to property management that makes both best practices and top industry tools part of your management arsenal.
As a Pleasanton rental property owner, you need a property manager who will strive to protect your investment without disrupting your life. By choosing Real Property Management One, you are choosing real peace of mind. Would you like to know more? Please contact us online or call us at 925-794-8339