You’ve done your due diligence and found the perfect property to buy. The research you did at the beginning is paying off as you get your new investment property at a great price in a solid area. Now it’s time to relax, sit back, and watch the returns roll in… Right?
Chances are you are looking to maximize the profit from your investments as well as maintain and increase the value of your properties. Owning an investment property can be a great way to accomplish your financial goals, but it takes a lot of work to manage your investment well. That’s why successful investors take the time to research and hire a professional property management company.
A good property management company protects your investment.
Whether new or experienced at real estate investing, the best investors realize not just the value of money earned in investments, but also the value of time saved, and worries are taken off the plate by hiring a professional property management service.
Here are several reasons why you should consider working with 7G Property Management to help manage your rental property or properties.
- Professional Management Services
When you work with 7G Property Management, we assign you to a team specializing in your property’s area. Having a manager with specific market knowledge is extremely valuable in assessing rent prices and local market trends. Your assigned management team will offer suggestions to make your property rent-ready and enhance the appeal for potential renters. Our managers have years of industry-specific experience and a wide array of procedures to shield owners from unnecessary liability while also helping tenants feel they are in good hands.
- 24/7 Maintenance Support
All 7G Property Management tenants have access to our 24/7 Maintenance Call Center for always-available support and service. We outsource most maintenance repairs to local vendors, using our well-established list of preferred vendors. Our staff oversees and manages every step of the repair process, leaving no question that our preferred vendors will complete the work professionally.
- Dedicated Marketing Services
By strategically placing your property on numerous popular rental websites, including our own, we can create an easily searchable web presence for your rental property. Our marketing program, combined with custom-designed signs and our dominant position in the rental management marketplace, gives your rental property maximum online exposure. As a result, we can consistently rent your property at current market rates.
- Tenant Screening Services
Wouldn’t you feel more comfortable renting to a thoroughly vetted tenant? Conducting pre-tenancy screenings allows us to assess all risk factors beforehand and helps ensure prospective applicants will treat your property with the care it deserves and fulfill their lease terms, leading to higher retention. The result? You save money on turnover costs and increase profits.At 7G Property Management, we understand that finding a quality tenant that fits your rental needs is a priority in renting your home. Our thorough screening process for rental applicants uses consistent strategies, giving us a high success rate in seeking very qualified tenants. Before settling on a prospective tenant, we use a screening process that includes running industry-specific credit reports, verifying employment and income, and checking previous rental history. We run credit reports and background checks on applicants over 18 years old. Click here to check out our Tenant Screening Requirements.
- Accounting Services
Our accounting department provides owners with monthly financial statements that are posted in your personalized owner web portal confidentially. The monthly financial statement will include all activity and copies of statements paid on your behalf. For tax purposes, all monthly reports have year-to-date information, meaning by December, your statement will have all of your annual figures recorded.
The challenges and rewards associated with real estate investments go far beyond the simple task of finding a suitable property and integrating it into your portfolio. To maximize the benefits of your property, you need a team of experts working for you who are skilled in the appraisal, financing, and legal issues related to property ownership, which is what a company like 7G Property Management offers. Make sure you consider some of the factors mentioned above, especially ones that speak to the culture of your investment. Finding a trustworthy property management can be challenging, but hopefully, this has made the process a little easier.
The bottom line is, do you want the aggravation of renting and managing properties yourself, or would you rather pay a professional who will do it for you?
7G Property Management is your leading provider of responsive property management services in Orange County, California. To kick off your journey to success, we perform a competitive rental market analysis and build a personalized management plan around that information. We then find exceptional tenants and optimize their rental experience every step of the way.
If you’re interested in learning about 7G Property Management’s services, visit our website or call us at 714-378-1418!