Property Management Companies Capitol View Manor Atlanta Georgia

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Are you a real estate rental property owner in or near Capitol View Manor Atlanta Georgia? Ask yourself, do you know what your existing property management company is going to charge you next month?

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Welcome to RentVest PM’s new website if you have been searching for a affordable real estate property management firm in Capitol View Manor Atlanta Georgia you have found the right website. If you’ve had a bad experience with any of the many property management companies in Capitol View Manor Atlanta Georgia we would like the opportunity to show you how RentVest Property Management can put those worries aside.

What exactly do property managers in Capitol View Manor Atlanta Georgia do? Have you any knowledge of what Property Managers do? The simple truth is they look after a variety of assignments, with one of the main things being rent collection. Collecting rent could be a demanding assignment for most landlords. The more property they have, the more of a challenge it is to remain up to date with collecting rent, but property managers take care of the whole rent collection process.

Additionally, they handle upkeep issues. By way of example, they are able to send a maintenance guy to take care of standard maintenance or give repairs services if they are asked for. All you have to do is agree to payments or pre-approve payments before-hand, this way the property manager doesn’t need to reach out to you each time maintenance is needed.

Finding prospective renters who will pay their rent promptly is yet another thing property managers do. They are able to do credit report checks, take interviews and perform a thorough security check. They know what to consider in terms of choosing renters.

Accounting is usually offered with the support provided by property managers. They may keep accurate files, which can be useful when it is tax time. Bookkeeping is not really an enjoyable assignment, but it needs to be done and it should to be done efficiently, which is one of the reasons property investors propably employ property managers.

Working With a Property Management Company in Capitol View Manor Atlanta Georgia!

Getting a property management firm will set you back money, but it really could help you save time and effort. If you have apartments which you own and rent out to clients, whether they are businesses or residents, then you have many things to care for. If it is only one or two units, perhaps you could keep on top of everything, however when you own more than two, things could get problematic quickly, and property management will be a full-time job, which can be that thing you were attempting to prevent or currently have.

A real estate management company is the go between for you and the renters, managing communications with renters, maintenance requests, yard work, and also accepting and kicking out tenants as needed. In exchange, the rental property management company gets paid a portion of the rent for their time, before passing the balance to the owner account.

As a property owner, your profit margin drops, however your schedule is totally free. Additionally, the best property management companies are worth the money considering how they can eliminate terrible renters that cost money, make your properties in good condition, and discover reliable renters that lower your vacancy rates and provide you with steady and reliable rental income.

RentVest rapid expansion as taking many other property management companies in Capitol View Manor Atlanta Georgia by surprise. The truth is that Capitol View Manor Atlanta Georgia property owners had been looking for a flat fee property management company in Capitol View Manor Atlanta Georgia for quite a while but he appears that they were not listening. RentVest PM is the company of chores for many property owners throughout Capitol View Manor Atlanta Georgia and we would like the opportunity to show you how we make owning rental real estate easy. Those looking for more information on the services we offer at RentVestPM.Com we ask that you visit our blog!

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Property Management Companies Are Using Smart Technology for Attracting New Tenants

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Progressive property management companies are continuously looking for opportunities to attract new tenants. In competitive rental markets, knowing what amenities renters want is often the best way to most is one way to accomplish this task and snatch potential leads away from competitors.

Recent research finds that technology is an important influencer when it comes to renters’ choices, and in fact, renters expect it. Technology presents property managers with an excellent opportunity to distinguish their properties from all the others in ways that draw potential enters in and helps keep them for longer tenancy stretches.

So What Technology Do Savvy Property Management Companies Use?

So how do property management companies leverage the latest technologic innovations to ensure a steady flow of potential tenants to their properties? Buildium’s 2017 American Renter’s Report discloses the reasons 1,116 apartment seekers chose their rentals, and home technologies played a major role in their decision-making.

Beginning with the search process, technology plays a major role in every step of the renter’s experience. According to the report, 50 percent of apartment-seekers interviewed searched online for apartments and applied for tenancy online. This emphasizes the importance of promoting rental listings using optimized, searchable online marketing strategies and incorporating appealing images and engaging marketing copy to grab the attention of potential tenants.

Attracting tenants to your rentals in today’s digital world requires more than cosmetic updates to the property and units. Advanced modifications like smart thermostats and high-tech appliances that offer energy efficiency appeal immensely to renters who are willing to pay higher rates to have them.

Convincing owners to update their investment properties with high-tech amenities may seem like a challenge, once they see research results showing that properties equipped with high-tech, energy-saving features gain an edge over competitors, even if the rental rates are higher.  Plus, it doesn’t take a huge expenditure to offer smart home technology. Adding just two or three smart elements to your rental units—such as smart thermostats, smart lighting, smart Wi-Fi-connected electrical outlets or smart door locks—can be a cost-effective opportunity to market your units as smart-homes and attract more potential tenants.

Smart home features are particularly popular among Millennials, who comprise 68 percent of survey respondents who said they are most likely to rent an apartment that features smart technology. In fact, Millennials represent an ever-increasing percentage of renters and are expected to soon become the most important tenant target market.

Good communication is essential for building positive relationships between tenants and property management companies. Deciding on the best ways to communicate with tenants requires careful consideration for the best results.

Research finds that communication channels involving technology are most popular among tenants, most of whom prefer email communications (53 percent) or text messaging (also 53 percent) for sending and receiving important information, as opposed to calling, visiting, leaving a note, or mailing a letter.

Tenants also want the ability to submit and track maintenance requests electronically. Most property management software is designed to accommodate maintenance requests submitted through a resident portal.

Using Technology to Pay Rent and Fees:

Most tenants don’t enjoy paying rent, but the process is more convenient when they have the ability to pay online. While only 29 percent of tenants have an online rent payment option, 59 percent report that they want this technology, and 53 percent would use a mobile app to pay rent if it were available.

Which Technologies Will Renters Pay more for?

What are some ways property management can use technology to attract new tenants, increase revenues for property owners, and even sustain higher rental rates?

According to Buildium’s 2017 American Renters Report:

  • 49 percent of renters would pay more for central air
  • 44 percent of renters would pay more for high-speed internet
  • 30 percent of renters consider energy efficiency to be an important reason to choose a rental
  • 15 percent of renters would pay higher rent for an eco-friendly building

Property managers can implement smart technology devices that help tenants track their energy usage and automate their apartment units, which are the most likely types of rental properties to attract tenants by offering smart technology.

Gartner Technology research predicts that smart devices for home automation will be standard in most homes in just five years. Smart tech implementation rates are increasing exponentially. The sooner property management companies start integrating smart technology in rental units, the sooner the property’s prospective tenant leads will outpace the competition, reduce vacancies, and increase tenant retention rates.

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