As a rental property owner in Lynwood, having the right property management company can be what makes the difference between real estate investing success and a life full of hard work, hassle, and frustration. Property management is a 24/7 job, and the more rental homes you have, the more time and energy it takes to manage each one well. It makes sense to employ a property manager to assist with the workload and keep your rental homes occupied and profitable. Nevertheless, the wrong property manager can actually make matters worse by making mistakes that would cost you.
Other property management companies don’t spend enough time to properly evaluate the rental market and set the best monthly rate, guessing or asking you to figure it out for yourself instead. Having the wrong monthly rate is a big problem for two reasons: you may have difficulties renting your property if the rent’s too high, but if it’s too low, you’re going to lose rental income every month or even potentially have prospective residents thinking there is something wrong with the property.
When the property managers at Real Property Management Eclipse initially sign on with an owner, they immediately begin a detailed property evaluation to ensure the rental home is prepared to attract high-quality renters. The condition of the home is evaluated, along with the current rental market, to certify that your rental homes are competitively priced.
Another costly mistake other property management companies often make is in the manner in which they draw in and screen potential tenants. Certain property managers are just content with putting a sign in the yard and simply running the credit history of the applicant, neither of which is enough to get quality tenants.
Every rental applicant Real Property Management Eclipse considers is thoroughly screened with full background checks including credit, criminal, past rental, and income history. We want to fill vacancies with quality tenants who carefully handle your rental property during their stay and observe the terms of your lease.
Once new renters have signed a lease, other companies will often ignore every maintenance and repair request, forcing their tenants to live with problems that might be minor in the beginning but could eventually become expensive repairs. These companies regularly have a high turnover for this reason, as frustrated renters rarely stay long in a home where their property manager ignores or rejects reasonable requests.
We take a proactive management approach to all repairs and maintenance at Real Property Management Eclipse. We provide each of our owners a password-protected account wherein they can view maintenance and repair information on their properties at any time. 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 Eclipse, they sign their name to specific, legally binding documents designed to list the terms and define the consequences of breaching those terms. They know from the first day that their property manager will be checking the property on a regular basis, which also helps them stay vigilant.
Unlike these other business models, Real Property Management Eclipse is recognized for providing quality, comprehensive service – and for good reason. We have made it a priority to offer a unique property management approach that places the top tools and best practices of the industry at your fingertips for over thirty years.
As a Lynwood rental property owner, a property manager who will strive to secure your investment without disrupting your life is necessary. By choosing Real Property Management Eclipse, you are choosing true peace of mind. Would you like more information? Please contact us online or give us a call at 425-209-0252 today.