A professional property manager can provide numerous benefits to landlords including a reduced workload and increased income. But wait, there’s more…
As a real estate investor and property owner, you want to maximize your rental income. You also want to minimize the amount of time and money that goes into managing your properties. Here are some reasons why property owners should hire a trusted management company to handle their rental properties:
1. They do the work, so you don’t have to
As a property owner, you expect positive financial returns on your investment. Don’t waste valuable time handling numerous details to rent and maintain your properties. Focus on passive revenue streams, not active property management.
2. They’re motivated to find tenants
The primary motivation of a professional property management company is to maximize the income from your properties for as long as possible. Property managers qualify tenants that will stay for the long term. There are countless potential tenants out there, and a good property manager will find the best ones.
3. They’ll pay more attention to detail
A thorough background check of your potential tenants is just one example of how a property manager puts more time and effort into finding the right renters than you would be able to find on your own. At Residential Leasing and Management, we’ve built a reputation as the “gold standard” in tenant placement through our close relationships with property owners.
We do things like:
- Run a credit check on qualified applicants
- Check references from previous landlords and employers
- Make sure they can afford the rent for your property
- Check their rental history (if applicable)
- See if they have a criminal record
4. A property manager will be more hands-on
For many real estate investors, hiring a Cypress property management company has been one of the best decisions they’ve ever made. Managing your investment properties requires regular work and close attention to detail. If you’re busy, tired, or want more time to focus on your real estate investing business, then you may want to consider hiring a professional property manager in Cypress to handle your current investments.
5. Some property management companies do away with upfront fees
Unlike other property management companies that charge a percentage of the rent collected each month (usually 10-12% of the total rent), we charge flat monthly fees for our services. In addition, our team will find as many tenants as possible to make sure your properties are occupied and consistently generating income.
6. They handle tenant management
One of the biggest and stressful undertakings for any property owner is evicting renters who don’t pay rent or cause property damage. With the help of a professional property management company, you’ll spend a lot less time and money dealing with tenant issues, large or small.
7. They take time to get to know each property
A high-quality property manager will discuss what you’re looking for in monthly rent, expenses, and long-term goals. They’ll check the property to ensure everything is up to code and perform regular inspections to make sure that everything is up to par.
8. Some firms don’t charge extra for hard-to-rent properties
If your rental property is in a rough neighborhood, some property managers don’t charge an extra fee for finding good tenants. At Residential Leasing & Management, we have experience placing tenants in properties that other property management companies discard.
9. They’re available 24/7
Hiring a property management company to take care of your properties is like hiring a whole new team of employees. A reputable firm will have staff that’s available to you for questions or concerns about your rentals. They will also be available in case there are any emergencies with your tenants.
10. An upstanding property management company will have an extensive reach over other firms
For example, our company is not just limited to Cypress. We can effectively rent out properties throughout Harris County and the Houston metro area. Whether you want to expand your investment portfolio or find better ways to manage existing rental houses, we can help make it happen through our network.
11. A well-established property manager will have more experience than their competitors
Buyer beware: A lot of property management companies claim to be better, cheaper and/or more efficient, but there’s a good chance they won’t deliver the kind of results you want. Residential Leasing & Management has been in business for over 40 years, has a Better Business Bureau accreditation and an A+ rating. We’ve managed hundreds of properties around the Houston metroplex. Working with us, you’ll see what sets us apart from the rest right away.
Using professional property management services is one of the best decisions any investor or property owner can make. They will handle all aspects of your rental properties so you can concentrate on building your portfolio.
Frequently Asked Questions From Landlords | Investors
1. How much money will I save by hiring a professional property management company?
At Residential Leasing & Management, our management fees are reasonably priced compared to industry standards and even more affordable considering the level of service we provide. Plus, there are no hidden fees. We offer our property owners 100% transparency in billing practices.
Hiring a professional company can help you save money in the long term by reducing all the stress that comes with mismanaged properties. It’s essential to partner up with professionals who have experience in Cypress, Texas. You don’t want to manage maintenance requests and tenant disputes – that’s what we do.
The ultimate value is hiring a property management company to help you maintain a steady rental income stream, freeing up your time to focus on other aspects of your business or to do the things you want to do.
Residential Leasing & Management Corp. is your one-stop-shop for full-service management of single-family homes and apartment complexes. Our team can maximize rental income for each property while also addressing the tedious day-to-day tasks of owning a rental in Cypress.
2. What you can expect from the #1 Property Management Company in Houston and surrounding areas:
- No more worrying about collecting rent or dealing with tenant disputes – we will collect monthly rental payments from tenants, report to credit agencies, and follow up on late/missing payments.
- No more worrying about maintenance issues – we will respond to service calls from tenants as soon as possible.
- No more worrying about legal issues – we will handle evictions and court proceedings when necessary. When a tenant violates the lease agreement, we will move quickly to rectify the situation in your favor.
- No more worrying about preserving the value of your rental property – we will make sure the property is maintained and updated. We will also get repairs done promptly to ensure your tenants are happy and comfortable.
As a landlord, you want to keep an eye on your properties without spending time managing the day-to-day tasks. That’s where our Cypress property management company comes in. We can take care of all aspects of your investment, so you don’t have to.
3. What is the most important role of a property manager?
Maximizing your rental income and increasing the value of your investment begins with a property management company that knows how to manage the day-to-day tasks effectively. We provide all these services and can even help find new tenants.
If you’re looking for a local property manager in Cypress, our team has over 40 years of experience working with Harris County and Cypress-specific rules and regulations. We are dedicated to the success of our customers and treat every rental property as if it were our own.
4. What is a property manager’s first responsibility to the owner?
The two biggest challenges for most investors are finding good tenants who pay rent on time every month and maintaining their investment. You’ll be amazed at how easy the rental process becomes with Residential Leasing & Management Corp.
We will respond quickly to any service calls from tenants and work hard to ensure your properties are always in excellent condition.
In short, we help you get the most out of your investment by managing your rental properties effectively and efficiently. We have been doing this successfully for 40 plus years, and our client list and reviews speak for themselves.
Contact Us Today About Managing Your Rental Property in Cypress
Contact us today if you are ready to free up your time, maximize your income, and grow your wealth with professional property managers.
