As a rental property owner in Cypress, hiring the right property management company can take you from having a life of hassle, struggle, and disappointment, to a life of real estate investing success. 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. 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 and their poor decisions might end up costing you more.
Other property management companies fail to do their work of evaluating the rental market in order to give you the best monthly rate. Instead, they either guess the rate or leave you to figure it out 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 Republic 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 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 by other property management companies repeatedly is in the approach they take to attract and screen potential tenants. Some property managers are content to just put up a sign in the yard and run the applicant’s credit history, neither of which is good enough to find quality tenants.
Every rental applicant Real Property Management Republic considers is given a thorough screening 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 normally have a high turnover for this reason, because renters would leave out of frustration. It’s definitely not a pleasant experience when your property manager ignores or refuses your reasonable requests.
At Real Property Management Republic, we take a proactive management approach to all repairs and maintenance. We supply each of our owners a password-protected account that gives them all-day and all-night access to the maintenance and repair information of their properties. 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 Republic 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 Republic already has an image that stands 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 Cypress rental property owner, you need a property manager who will make every effort to protect your investment without disrupting your life. By choosing Real Property Management Republic, you are choosing real peace of mind. Would you like to have more information? Please contact us online or call us at 281-362-5001 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.