Without a doubt, people who own rental property want to receive a good return on their investment (ROI). Savvy owners know that the best way to increase their ROI is to hire a property management company they can trust. While there is a fee for their services, a property management company can help owners to get a better return on their investment by utilizing a variety of techniques.
A quality property management company will help you as the owner to maintain occupancy. By far the most important thing a property management company can do for your rental property is to keep it rented so there is no interruption in your rental income. After all, every month that a rental property sits empty represents a diminished return on their investment for owners. At Fort Lowell Realty and Property Management, we strive to meet the expectations of tenants and keep them satisfied, making them more likely to renew their leases. A lower turnover rate increases the owner’s return on investment by reducing the costs associated with marketing a property and getting it ready for new tenants.
A quality property management company will also carefully screen tenants to make sure that the people renting your property are likely to take care of it. At Fort Lowell not only do we aggressively market your rental property, but we perform credit, criminal, and eviction checks on every prospective resident. To encourage tenants to take good care of properties we manage, Fort Lowell has a simple, automated system in place for tenants to report problems and maintenance requests. We then work to solve problems right away since long delays can often make problems get worse. While we make repairs as needed, we save owners money by billing tenants when they are responsible for damages and maintenance repairs.
As a top-notch property management company with over 30 years of experience in the Phoenix and Tucson areas, Fort Lowell knows how to help property owners get a good return on their investment. We work to maintain occupancy and also to decrease costs where possible, both of which will increase the ROI for owners. If you own rental property and want to get a good return on your investment, contact Fort Lowell today.