Rental Management: Structural & Financial Improvements

by | Aug 22, 2013 | Real Estate

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Is keeping up on regular inspections and delivering fast repair service to tenants difficult for you to fit into your schedule?  If you are a rental property owner, you likely understand the weight of the demands landlords are required to meet on a daily basis.  Maintaining a safe and functional property requires a fair amount of time and money.  Whether your rental property is situated miles from your home or you are currently busy with another occupation, you can receive the assistance you need through rental management.  Baltimore real estate managers offer adamant inspection services and help clients effectively budget their repair and maintenance expenses through specialized accounting and substantial discounts.

Timely Inspections and Repairs
Remaining up-to-date with inspections is an excellent way to avoid pricey future repairs, such as infestation removal, water damage, or structural decay.  Property managers know what to look for during inspections and provide detailed reports of their findings to their clients for review.  Rental management companies typically perform inspections before, during, and after renter occupancy to ensure all appliances and fixtures are operational and secure.  To increase tenant satisfaction and retention, managers also investigate urgent or mundane concerns renters express regarding repairs and maintenance.  You will not be burdened with the task of responding to service calls, as your manager will utilize hotlines and tenant portals to answer requests on your behalf.

Safeguard Your Finances
Repair costs add up over time, and without excellent accounting skills and attention to detail, many owners may find themselves suffering financially.  Inexperienced owners have a greater tendency to underestimate maintenance costs which can undoubtedly affect revenue and reserves.  Your rental manager will help you regain control of your expenses through centralized accounting and maintenance discounts.  You will have the opportunity to view purchase statements at any time via your own online account as well as enjoy deductions on repair bills through your manager’s in-house and vendor contacts.

With over 25 years of experience to their name, Real Property Management is the preferred management firm of many local and national investors. They offer centralized accounting for various types of rental properties as well as significant discounts on repair costs. Visit website to learn more about how they can help you build a stronger investment.

 

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