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Your Property Management Company Should Pay for Itself

Your Property Management Company Should Pay for Itself

At MGR Property Management, we believe hiring a property management company should provide such a quick turn around on your investment, that it should practically feel free.

By managing properties well and pricing them at competitive rates, you will see nearly instantaneous results.

Here are just a few of the services we provide as your Property Manager:

Tenant Screenings

You can rest easy knowing that we thoroughly screen all tenants. Properly handling tenants can be a delicate process, and it’s often one of the main points of stress for property owners. As a result, having reliable tenants means a more stable income from your rental properties.

Performing Credit and Background Checks

Closely tied to screening tenants—checking a potential tenant’s credit and background information is a critical aspect of renting out property. A person’s credit history can be a solid indication of their future credit habits, and whether or not they will be reliable. Therefore, entrusting an experienced professional with this task will ensure you don’t lose money at the hands of scam artists or financially unstable people.

Drafting Lease Agreements

Leases are essential for preventing surprises between landlords and tenants. Drafting a lease on your own is time consuming, research-heavy, and often difficult to negotiate. With nearly four decades of experience, we can easily draft fair, mutually beneficial leases for both you and your tenants.

Processing Rental Payments

Dealing with money can be an inherently awkward experience for many people. Not only will we handle the entire payment and collection process, but we will also work with your clients to find a payment method that works best for all parties involved. Without the tedium and stress of collecting rent from tenants, you will start seamlessly making passive income before you know it.

Maintaining Tax and Legal Records

Taxes and legal concerns are a headache even for the average citizen, let alone property owners. Do you already pay for a separate accountant? Thankfully, we take care of all the accounting work, so you can cut out that extra variable, saving time and money during tax season. In addition, you will also owe less in taxes, since property management fees are tax deductible.

Handling Maintenance Requests

When maintenance issues arise, they rarely pick a convenient time. As such, MGR Property Management is available at all times of the day and night to handle your tenants’ requests. You want to keep you renters happy and secure, and knowing that they can rely on professional, prompt service during a crisis will ensure they stick around.

Up To Date Market Analysis

MGR Property Management works closely with MGR Real Estate, which is the largest commercial real estate company in the Inland Empire so that we are always up to date on the value of your rental properties and how to maximize your rental/lease rates and return on investment. No one knows the market as well as we do, which is why we can provide additional advice on what to invest in, what to divest of, and how to set your rental/lease rates.

Marketing Your Property To Potential Tenants

Getting your property in front of potential tenants is important to finding the right tenant. MGR Property Management markets and places your property where future tenants are looking to find their next apartment, rental home, or commercial/office space. MGR Property Management works hand in hand with MGR Real Estate in marketing and finding qualified tenants.

Choose MGR Property Management for the Quickest Return on Your Investment

As you can see, owning a rental property can quickly turn into a full-time job.

Suddenly your investment seems like it’s more effort than it’s worth. By trusting MGR with the management of your property, we take all of the stress away so that the only thing you notice is the financial benefit of your investment.

For more information on our property management services, please explore our website or call us at (909) 581-6600 today.

By |2018-10-05T21:09:46+00:00September 7th, 2018|Property Management Tips & Tricks, Uncategorized|Comments Off on Your Property Management Company Should Pay for Itself

About the Author:

The MGR Review is designed to bring you the top news and tips regarding property management and real estate in Southern California. Our near forty years of experience in these industries give us a keen insight on how best to succeed. Let us know if there is a topic you would like us to discuss!