Whether you already own rental property or you’re considering buying your first property, you probably have an idea what a great investment it can be. But real estate management in Greenwich isn’t always easy and if you aren’t careful your investment could turn into a money pit. Many first-time landlords think self-management will be easy but fail to take into account everything a professional property manager does. Read about some of our property management services below to learn how you can save money with Real Property Management Southern Connecticut.
Getting Your Property Rented
With a hot rental market in the Greenwich area you may think keeping vacancy days low and finding the right tenant will be a breeze. But a lot more goes into finding a tenant for your property than just putting a “for rent” sign in the yard. With professional real estate management, Greenwich landlords can expect the following:
- Pricing your rental correctly: A rental property priced too high will drive away potential tenants, no matter how hot the market it. A property priced too low will signal there is something wrong with it. Our local property management experts will look at pricing data and set your home competitively so you can make the most on your rental with the fewest number of vacancy days.
- Marketing your rental efficiently: We use multiple marketing techniques to get the word out when your rental home is on the market. Exposure like this will bring a large applicant pool and help you reduce vacancy days.
- Screening tenants: One of the most important ways to avoid an eviction is screening your tenants. Our tenant screening includes a background check which will give you a report on credit history, employment and income, criminal history, sex offender status, and past rental history.
The Tenant-Landlord Relationship
After 25 years in Greenwich real estate management, we have learned just how important a good tenant-landlord relationship is. A bad tenant-landlord relationship will, at best, lead to turnover, and, at worst, an eviction and property damage. If your investment property used to be your primary residence this relationship can be an especially sticky point. Renters often don’t take care of the property with the same care as a homeowner. Our professional property managers handle this relationship expertly and professionally. We are always open and honest with our communication. We let both tenant and landlord know what is expected so there are no surprises. Keeping a good relationship with your tenants will reduce turnover and the expenses that come with it.
How Greenwich Real Estate Management Handles Maintenance
Maintenance issues happen to every home, whether it is a small issue like a clogged drain or a larger one like a broken water heater. Getting an emergency maintenance call at 3 AM is not what any landlord looks forward to. In the event of an emergency our staff is available 24/7 to answer your tenant’s calls. Our professionals will get the job done, keeping your tenant feeling happy and well cared for. In non-emergency situations we have an online maintenance request portal, making the process smooth and simple.
Our property managers perform regular inspections and preventative maintenance on every rental home to save you even more money. Inspections ensure lease compliance as well as identifying areas that need maintenance. By addressing small problems immediately we can keep them from becoming large, and expensive, problems down the road.
Getting a Better Return on Your Investment
Some investment property owners think they can do it all themselves and save money. If you are a Greenwich real estate management expert and have 40 hours a week to devote to property management, that may be true. But if you aren’t an expert, if you have another job, if you don’t want to be bothered every time your tenants need something, you need a professional property manager. Even when you devote all your extra time to property management, you may experience negative cash flow by making easily avoidable mistakes. The tips and tricks our property managers have learned over the years are hard earned. Don’t make mistakes that could cost you your investment. With our professionals you will get a better return on your investment by:
- Reduced vacancy days.
- Efficient maintenance.
- Discounted rates from partner vendors.
- Less turnover.
Our goal is to make your investment into a success. Our property managers have the skill, experience, and proven processes to get it done.
Get Started With The Top Property Managers In Southern Connecticut
The services listed above are just a few of the ways we make Greenwich real estate management easier for property owners. Our clients often say things like, “I wish I had hired professional property management sooner!” or, “I should have switched over to you guys a long time ago.” Enjoy your life without worrying about the stresses of property management. Call the professionals at Real Property Management Southern Connecticut today to get started.