Maximize Your Rental Property’s Return on Investment in Boston, MA
Real estate presents a wealth of opportunities to diversify your investment portfolio and to own a thriving enterprise. Renting out your property to interested tenants can generate a steady income stream. In addition, you will be providing a valuable service to members of your community.
While renting out your single-family home, multiplex, or apartment complex can prove to be a rewarding experience, it is not without its challenges. Do you know how to maximize your rental property’s return on investment in Boston, MA? Both those who have used a property manager before, and even those who have not, quickly learn the value of hiring Real Property Management. Here’s why.
We Preserve Your Property’s Value
Taking care of your property is more than just paying a property manager to watch over it. At our rental property management company, our goals are to protect your investment and to increase its profitability. To those ends, we implement a comprehensive approach to rental services. By assuming a direct role in managing your property, we serve as your primary point of contact, customer service representative, and business accounting arm. Altogether, we take the complexity out of the rental property business, empowering you to reap the benefits.
It all starts with playing to your property’s strengths. We use the most accurate data available to determine the best monthly rate for your property. Our team incorporates market research and keen observations on current trends. We guide you in understanding what improvements should be made to garner higher rent and attract tenants who will take care of your property. Also, we conduct move-in assessments and regular inspections-complete with photos to make sure your property stays in good shape.
The assessments are a useful tool in making your holdings move-in ready. Our agents will examine your property. We take note of areas which require improvement and then provide a detailed report with our recommendations. Our team can help you coordinate with local contractors to conduct the vital remodeling and renovation work, ensuring your property garners better interest.
Finally, we save our clients time and money with cost-effective, reliable maintenance through in-house systems and the use of our exclusive, preferred vendors. We also know how to proactively manage and respond to tenant requests to save you money long-term.
Your home’s value is important not only while it is a rental, but also for long-term property appreciation. In order to preserve your property’s value, we keep track of your holdings, coordinate with local maintenance and groundskeeping firms, and ensure your renters are honoring the lease agreements. Our proactive, vigilant approach to property management will protect your property value, its appearance, and branding.
How to Find Quality Tenants
For each day a property is vacant, it’s money out of your pocket. We spend thousands of dollars every month on advertising vacancies to get them filled faster. Placing the wrong tenant in your rental home can also cost you, on average, 4 to 6 times the monthly rent rate. In order to generate better revenue, we ensure only trustworthy people rent out your property.
Our team conducts exhaustive research on where your property is, and we implement targeted marketing campaigns that will attract the right people. From there, we conduct intensive screening and background checks.
Hands down, our firm knows how to find quality tenants. We screen tenants thoroughly and make every effort to find reliable tenants who will pay rent on time and treat your home like it was their own. Smarter tenant placement is a result of our rigorous background screening process, including credit, employment, rental history, and criminal checks. The screening process uses a systemic, business-oriented approach.
Generate revenue according to schedule. As part of our property management services, we implement an intuitive collection service, allowing tenants a quick and simple way to pay rent and honor the lease agreement. Payments are secure, and we use direct deposit so you can see the money as quickly as possible. Our firm also handles the bookkeeping by providing detailed, routine reports. You’re always informed of how your property is doing when you work with us.
When evictions are necessary, a streamlined, automated system ensures that the process is completed as quickly as possible. We observe all laws and codes and prepare the property for rent again.
Contact us to request an assessment of your rental property. Our company proudly serves property owners throughout Boston, MA, including the surrounding area.
The Real Property Management Advantage
- 25+ years of experience
- North America’s largest
property management company
- 250+ locations in 46 states
- Local expertise
backed by nationwide support
Trusted by tens of thousands
of property owners nationwide