Managing rental property is a full-time job. If you’re like most people, you’d rather not work this job full-time on top of your other full-time job, raising a family, and having a personal life. That’s where we come in. We can help you with our various rental property management services. We’ve devised an entire process that will ensure we get qualified tenants in your home quickly and that they remain satisfied throughout the entire time they rent your home.
We can help you with every aspect of renting out your home or another piece of property. We begin the process by completing a thorough evaluation of your home and the area you live in. This allows us to create a market analysis and set an accurate rental price for your property. From there, we aim to find the best tenants for your rental home. We do this by employing strategic marketing strategies for your home and screening tenants who apply to live there. All tenants must apply and undergo a screening process. This weeds out potentially bad tenants who may not pay their rent on time or have a history of criminal activities.
We don’t stop working once a tenant moves in. While your rental property may be great, it’ll still encounter issues from time to time. We have a huge network of hardworking HVAC technicians, plumbers, roofers, and other professionals who can help your tenants in their times of need. Many of these professionals work around the clock to ensure that should something go wrong, they’re there to help at all hours of the day.
Reliant Property Management can also assist you with rent collection, financial reporting, legalities, and inspections. Our team knows the market and industry well, so when something changes legally or financially, we’ll learn about it quickly and can notify you right away.
We’re available throughout the entire process to answer any questions or concerns you may have. We work hard so you can rent out your property and not have to worry.
Property Marketing: What You Need to Know
A big part of renting out your home is property marketing. Essentially, property marketing is everything we do to get your home out there, to let people know it is for rent. Property marketing involves a combination of knowledge of the market, technology, a fair renting price, and being available to show the home in person. Marketing your property is difficult to do on your own, which is why our team is here, prepared to help you.
Technology We Use
Nowadays, everyone searches for things they need online, usually on their phones. We ensure that your property is listed online and is easy to find. We list all of our properties on our site, complete with pictures, information about the home and area, and a link to the application. We also use sites like Zillow and other websites that allow you to list your houses for rent to better market it to potential tenants.
The Market Analysis
As licensed realtors, we’re equipped to create an honest and accurate rental market analysis. A rental market analysis will have all of the information needed to determine the renting price for a home based on the value and condition of the home, amenities, square footage, and the area in which it is located. We conduct the market analysis for your rental property by analyzing the area it’s in, comparing it to similar homes in the area, and calculating the price based on the square footage of the home. From there, the price is adjusted based on the home’s amenities. The market analysis requires in-depth knowledge about real estate within a specific area. Since our team is comprised of realtors, we are equipped with the skills and knowledge needed to conduct an accurate market analysis.
Once we have tenants who are interested and qualified to rent out your house, we’ll create a lease. The lease will include a contract with all of the information they need to know, including rent amount and how long their lease is for. This information is important just in case a tenant tries to get out of living in the home before their contract ends or tries to avoid paying the agreed upon amount for their rent. The lease is binding and comes with caveats if the tenant has to break it for whatever reason. We use our real estate and legal expertise to create a thorough and good lease.
Call Us Today!
Managing rental property is a time-consuming job, one that most people just don’t have the time or energy for. Reliant Property Management in El Paso can help you rent out your home so you don’t have to worry about all of the responsibilities that come with being a landlord. Give us a call today to learn more about the services we have to offer!