Real Property Management Lehigh Valley

Rental house owners can profit from a professional manager

According to a recent article in the LA Times hiring a professional property manager for you rental property is a good idea. Here are some exerpts from the article that highlight the importance of hiring a professional:

•Marketing: "Some of the biggest advantages to partnering with a professional are the in-depth programs designed to market their inventory," the Vacation Rental Managers Assn. website says. "Companies may invest in high-resolution property videos or photos, guest surveys, contests, promotional trade outs, brochures, rack cards and more to drive business."

•Screening: "I don't put just anyone who can come up with the first month's rent and security deposit into your home," says Joan Medeiros of Royalty Rentals and Property Management in Fort Myers, Fla., who handles only year-round leases, not seasonals.

"I screen them carefully," says the longtime manager, who takes the first month's rent and 10% of the monthly rent as her fee. "I do a full background check, including credit and criminal."

•Inspections: It's difficult, if not impossible, to lord over your place when you live hundreds of miles away. But on-site managers are around all the time.

•Services: "You won't have a tenant calling you in the middle of the night, weekends or holidays. They'll be calling me, and I'll be answering, no matter what time of the day," the Fort Myers manager says. "You won't have to search for contractors to make repairs, because I have them on speed-dial."

For more information on how Real Property Management Lehigh Valley can help you maximize the return on your real estate investment visit www.rpmlehighvalley.com or call 610-392-6808.