Why Should YOU hire a Property Manager? 0 Comments Posted

Property Management is not something to take lightly.  With the many legal ramifications of being a landlord hiring a Property Manager to ensure things run smoothly is something you may want to think about.  Check out the list below, we have added 10 reasons that YOU the landlord should condsider highering a Property Manager.  

 

  1. Setting the right rental rates: While looking through the classifieds to see what other landlords are charging for similar properties is a fine way to ballpark your rent price, a good property management company will conduct a thorough market study in order to set a rental price for your property, ensuring that you achieve the perfect balance between maximizing monthly income and maintaining a low vacancy rate.
  2. Collecting and depositing monthly rent payments on time: If you've ever worked in a billing department, you know that securing payment from clients can be difficult, not to mention awkward. Property management companies have efficient, tried-and-true systems in place to effectively collect rent and maintain on-time payments. You'll find this particularly important if you have a limited number of properties, and collecting payments on time is crucial to maintaining your cash flow.
  3. Marketing and advertising your property: Through long experience, a property manager will know exactly where to market your property and how to craft compelling advertising materials---a significant advantage when it comes to filling your properties quickly and avoiding long vacancies.
  4. Finding the right tenants: Experienced property managers are experts at finding good tenants, and will take care of all the details, including the securing all criminal background and security checks, running credit reports, verifying employment, and collecting previous landlord references.
  5. Managing tenants: In addition to finding good tenants, a property management company will manage all aspects of the tenant-landlord relationship. The property manager will handle both routine and emergency maintenance, take care of routine inspections, and manage any situations where conflict resolution is required.
  6. Managing vendor relationships: Property management companies have relationships with maintenance workers, tradesmen, contractors, suppliers, and vendors that it's almost impossible for an independent landlord to duplicate. Not only will your property manager get you the best work for the best price, they'll oversee any necessary maintenance projects.
  7. Ensuring that you're in compliance with housing regulations and property laws: There is a multitude of applicable laws and regulations to abide by when renting and maintaining your rental property. These include local, state and federal regulations, as well as fair housing regulations (such as the ADA). A property manager can help you avoid lawsuits by keeping your property up-to-date and in compliance with these regulations.
  8. Enabling you to invest in geographically distant properties: If you manage your own properties, you're pretty much limited to investment opportunities within a tight radius of your own home. By hiring a property manager, you can take advantage of investment deals in any location you wish.
  9. Maximizing the profitability of your time: By having a property manager take care of the day-to-day aspects of running your income property, your free to spend your time identifying further investment opportunities or otherwise furthering your career.
  10. Maximizing the profitability of your money: Most property managers charge a percentage of your property's monthly rental rate in exchange for their services. The rate typically runs anywhere from 6-10% (for long term rentals), which is generally less than the money you save by hiring a professional to take care of your property.

Not ready to hire a Property Manager yet; but have questions.  Please do not hesistate to contact us.  We can answer your questions about investment properties and property management.  Anything from affordable housing initiatives to security deposits and GA and NC law in handing other peoples money. 

 

WE look forward to hearing from you!

 

PremIer Properties Management, LLC

828-516-9967

Properties@premierpropertiesmgmt.com

 

 

View Comments | Add Comment Monday, February 11, 2019  3:09:47 PM
New Year, New Plans! 0 Comments Posted

Hope you had an amazing Thanksgiving and are ready for Christmas and the New Year!  I for one am making all kinds of plans about how I can better serve our amazing community!  I want to hear from you!  What are you looking for?  Do you want to purchase a home?  Update your current home?  Rent a home?  Become an investor and own your first rental property?  What is it that YOU WANT?  Is it any of the above; None?  

Premier Properties is dedicated to our community, giving back, moving forward and most of all meeting all of your needs.  We work closely with HUD (Four Square), buyers, sellers, renters and investors to give back to you, our community neighbors. 

Stop by the office and chat with us, tell us what YOU NEED.  Allow us to serve in a way that is going to be beneficial for you and OUR community!

As always we are here to answer any questions you have (big or small), address your concerns, guide you into the home (purchase, sale or rental) that is right for YOU!

 

YOUR home is OUR mission!

Premier Properties Realty & Investments

1285 W US HWY 64 

828-516-9967

View Comments | Add Comment Thursday, November 29, 2018  12:24:09 PM
Sneak Peak! 0 Comments Posted

Do NOT panic!  The home you've been searching for will be hitting the market in the next 30 days!  This log sided chalet is just what the Dr. ordered!  3 bedrooms (includeds loft area) / 2.5 bathroom, granite kitchen and baths, hardwood throughout (tile in bathrooms), metal roof, 2 sets of french doors (one in master bedroom and one in the greatroom), L shaped deck, outdoor fans with light fixtures, all applicances will convey......  Septic and shared well in gated community!  #homesmurphync, #callchrissy

 

View Comments | Add Comment Wednesday, November 14, 2018  12:50:12 PM
6 Benefits of Home Ownership! 0 Comments Posted

While not all of us can purchase a home today; all of us CAN purchase a home someday!  Premier Properties Realty & Investments want to help you achieve that goal!  Check out the 6 Benefits of Home Ownership below, and give us a call or send us an email to find out how we can help YOU achieve this amazing milestone! #Homesmurphync, #buyyourdream, #callus

 

Premier Properties Realty & Investments

Office: 828-516-9967

 

View Comments | Add Comment Monday, November 12, 2018  10:53:53 AM