This article comes from https://www.forbes.com/ and discusses the residential purchases and property management.
"I believe our class of property management firms and other proptech companies will bring more efficiency to the small residential industry in 2019 by adopting new technology. Specifically, this technology should always help property owners maximize their net operating income (NOI) and eliminate any headaches associated with owning rental assets."
That is exactly the case and technology is needed to ensure property reports and keeping the rental producing. Home can be a great source of consistent income and managed properly.
Rentals only become headaches if you do not have the right team and associated practices that help each asset produce consistent income. We have a full staff of contractors that also help me when we purchase the homes to make them mechanically sound and updated.
Management companies also need to do just about everything online with their tenants. They need to make sure the tenant can do applications, payments and do work orders when something is in need of repair.
When we purchase homes we have a crew make the home as healthy as it can be and then our clients purchase a warranty to cover most any future repairs. This saves our clients money and really streamlines the operation.
We have a third party to handle repairs and our people for for any backup. This saves the client money and keeps the home healthy.
The price entry level is good also especially in Cleveland Metro. I have had a lot of calls this week from investors wanting to get income real estate. Meeting with one my large clients today. The key is buying the right assets that are in quality areas.
Wanting to get income monthly in quality assets that we have a track record with? Last year we purchased almost 60 properties and tenanted them for our clients. They are all still there today and paying their rent.
Need income? Good Income? Quality assets? Call me I'm Brett and I have been doing this since 1985. Call 216-703-5740 EXP Realty Ohio and 602-363-6551 EXP Realty Arizona..Always use licensed Realtors when buying real estate..1000+ homes and counting
Sign in below to get a complete list of our services
.png)
.png)
0 Comments
Thank you