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Benefits of Using Us as Your Property Management Company

Owning a rental property can be a great source of additional income. However, it also comes with the added responsibilities of property upkeep, repairs, and marketing. If you are asking yourself, "Do I need a property management company?" — consider these eight benefits.

 

1. Screen out problem residents

One of the most significant benefits of using our property management company is that we will handle resident screening. We have experienced licensed property managers that see hundreds of applications, so their trained eyes are more likely to notice potential red flags when reviewing an applicant's paperwork. They quickly spot good resident qualities, such as paying rent on time, taking care of the property, and more. Letting us manage the resident screening process can improve your chances of landing a reliable renter. 

At Chevelle Property Management, we do full background checks, and we do a full credit report on all prospective residents.

 

2. Act as the point of contact for resident concerns

If something breaks at your property, it is not always convenient or possible to drive over to the unit to inspect it yourself (especially if it is in another town or state). We address these problems at all hours of the day or night and arrange for maintenance or service provider to repair or replace the item. 

Or, if you have a resident who always seems to have a complaint — be it the noisy neighbors or the dog who relieves itself on the front lawn — you can breathe easy knowing that the property manager is the point of contact for those types of calls. We do in-home inspections every six months.

 

3. Marketing your rental

Chevelle Property Management is skilled at rental marketing, including writing rental ads, taking high-quality photos, and hosting open houses. They also have local real estate knowledge and will be able to help you set a competitive rent price. Hiring Chevelle Property Management with our marketing experience can help fill your property sooner and reduce the time it sits vacant.

 

4. Decrease resident turnover

Chevelle property management knows how to keep their renters happy. They are responsive and available, and they take care of problems when they arise. Happy renters are also less likely to look for another place to live and more willing to accept reasonable rent increases. Of residents who choose to stay in their current lease, 50% think their home is a good value for the price, and 40% say they love the place they rent.

 

5. Ensure rental monies are on time

Because we deduct our fees from the monthly rent, we are motivated to keep those payments flowing in. Consistent rent collection is key to receiving rent payments on time, and Chevelle Property Management will enforce lease policies. If residents consistently fail to pay their rent on time (or at all), we will know how to deal with the situation, including issuing an eviction if necessary. 

 

6. Avoid potential legal issues

Chevelle Property Management understands landlord-resident laws and fair housing laws, which can help you avoid potential lawsuits and save time, money, and energy in the long run. 

 

7. Save you money on maintenance and repair costs

Chevelle Property Management employs in-house maintenance staff and works with regular service providers. We perform regular inspections and find issues before they turn into more significant problems, which will reduce the number of emergency repair bills.

 

8. Reduce your rental headaches

If Chevelle Property Management is handling the daily management of your rental property and residents, you will have fewer complications and commitments to manage. 

 

If more time and less stress are crucial to your quality of life, here at Chevelle Property Management, we can be a great asset.

Investing in real estate can contribute to your monthly cash flow and build long-term wealth — but the day-to-day management is not for everyone. If you want a rent check and do not want to be responsible for the details of your real estate investment, consider all the property management benefits that you will receive for a percentage of your rental income. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 
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