Rental Properties
Rental properties come in all shapes and sizes, from a single family home to a multi unit apartment building or condos. Owning income properties can be financially rewarding but at the same time you most likely discovered that property management requires a large commitment of time and effort.
If you live close to your properties, and are a handy person, it may make sense to take the do-it-yourself approach as long as you realize that you may be devoting many hours to managing your properties. Many times, this just isn’t practical. So consider the following; a property manager can help you with:
Rental rates: Ballparking your rent pricing based on what you see online is a start but there is more to it than that. Greenwich Home Inspections & Property Management will do a complete market review to ensure that you set a rental price that maximizes your monthly income while maintaining a low vacancy rate.
Advertising your property: Our company knows exactly where to market your property and how to create compelling messaging. Our goal is to rent your property quickly and avoid long vacancies.
Finding Tenants: Greenwich Home Inspections & Property Management has expertise in finding good tenants. We complete all background checks, verify credit reports and employment, and secure previous landlord references. The process of eviction is both time consuming and expensive. The time to determine a potentially bad tenant is before renting to them.
Collecting monthly rent payment: We have processes and procedures in place to effectively collect rent, maintain on-time payments and bank deposits.
Managing tenants: In addition to finding good tenants, Greenwich Home Inspections will manage all aspects of the tenant-landlord relationship. We handle both routine and emergency maintenance, complete routine inspections, and manage any situations where conflict resolution is required.
Managing vendors: Our company has relationships with maintenance workers, tradesmen, contractors, suppliers, and vendors that is almost impossible for an independent landlord to duplicate. We get you the best work at the best prices and we oversee any necessary maintenance projects.
Housing regulations and property laws compliance: Greenwich Home Inspections can help you avoid lawsuits by keeping your property up-to-date and in compliance with the various local, state, and federal regulations.
You can invest in a wider geographical area: By hiring Greenwich Home Inspections, you can take advantage of investment deals in any location (in our service area) that you wish. You are not limited to the tight geographic area surrounding your home.
Maximizing the value of your time: When we take care of the day-to-day aspects of running your income property, you are free to spend your time identifying further investment opportunities, spending time with your family, or doing the things in life that you enjoy most.
Maximizing the profitability of your money: Our fees are based on the service level selected are based on charging a percentage of your property’s monthly rental rate. The rates are generally less than the money you save by hiring a professional to take care of your property.
Why Hire Us As Your Property Manager?
We are fellow multi-family and rental property owners in Stamford, CT and Cape Cod. The experience and success of managing our own properties led us to want share this expertise with others.
While we understand the priorities and perspective of owners, we also take pride in responsiveness and attentiveness to tenants. Small projects we can handle, and over the years we have amassed a team of locksmiths, plumbers, painters, exterminators, electricians, etc. for larger jobs. We can communicate in Spanish and have experience with Section 8. Let us take the burden of the day to day off your shoulders! Our professional property managers are here to serve you.
Call us and schedule a meeting with one of our professional property managers.