Property Management
/“Ninety percent of all millionaires become so through owning real estate.”
- you aren't just looking for bodies to fill your property - you want QUALITY tenants
- quality tenants who will rent from you for years, so that you don't have to worry about vacancy
- did they spend a long time renting from their previous landlords? Or do they move every year?
- do they have consistent job history?
- do they have non-family references?
- actually call previous landlords and references - it is VERY important to know who will be taking care of your investment property
- consider pulling a background and/or credit check
- market your property ahead of vacancy
- put together the right team for success
- be aware of fair housing rules and regulations
- consider collecting rent via ACH - electronic funds transfer
- motivate your tenants to care for your property
- does your contract cover you? or do you need it reviewed by an attorney?
do you want to hire out these functions so that you can spend your time with your full-time job or acquiring other properties? we can refer you to a few companies that can help you with these very key processes.
