How many hours a day do you lose to advertising vacant properties, drafting lease agreements, and property inspections? Instead of handling these responsibilities alone, hire a full service property management company in El Paso, TX. About 70% of property managers perform these tasks (Truelist, a market analytics company).
Choosing property management services will save you time and money while reducing stress. Not sure if you need El Paso real estate services? Read on to discover the amazing property management benefits you can experience firsthand before deciding!
1. Find and Screen Renters
According to IBIS World, the rental vacancy rate in the US is 6.6% (up from 5.8% in 2022). Each vacant rental you own will cost you thousands in potential earnings each month. Your El Paso property managers can help you find reliable renters.
They'll develop a multifaceted marketing strategy that may include:
- Updating the rental's amenities
- Staging the property
- Content creation
- Search engine optimization
- Video and virtual tours
- Email marketing
- Referral marketing
- Paid advertising
- Social media marketing
Creating multiple, personalized campaigns will expand your reach. As more people realize your rentals are available, your tenant pool will open.
Your property managers will develop a thorough tenant screening process. They'll help you avoid renters with a history of late payments or evictions. A detailed screening process can entail:
- Rental histories
- Credit score checks
- Criminal background checks
- Eviction histories
- References
- Employment verification
Avoiding problematic renters now will help you dodge stressful situations later. Instead, you can find renters you can retain long-term. Retaining renters will boost your occupancy rate and earning potential.
2. Effective Property Investment Solutions
If you're a new landlord, developing effective, efficient processes can take time. Learning through trial and error could cost you potential earnings. Instead, rely on a professional's effective property investment solutions.
Your property managers will give you access to an online tenant portal. From there, you'll have real-time access to each investment's performance.
Renters can submit rent payments, maintenance requests, and inquiries online. This will streamline communications and reduce your workload. Relying on an experienced team's processes can maximize your earnings.
3. Comprehensive Property Management
Requesting different services from multiple companies can become costly. Instead, rely on comprehensive property management from one team. Their El Paso real estate services will help you operate efficiently.
Their services may include:
- Rent collection
- Tenant screening
- Property marketing
- Maintenance and inspections
- Evictions
You can sit back, relax, and have peace of mind. Instead of experiencing landlord stress, you can generate passive income with help from a qualified team.
Request Full Service Property Management
You don't have to manage your El Paso, TX investment properties solo. Instead, rely on full service property management. Working with an experienced team can maximize your profitability.
Look no further for professional property management services in El Paso. We use state-of-the-art technology that allows owners to track how their investments perform in real time. Our comprehensive services can maximize your earning potential.
Trust our professional commitment to enhancing value through ongoing availability, accuracy, honesty, and integrity. Contact us now for a free rental analysis.
