Owning rental property is a great idea when you are aiming to building your wealth through a stream of passive income. However, the truth of how “passive’ that income really is can sometimes be more responsibility than you might have imagined.
Being a landlord is not always as glamorous as one might think. The reality is that owning and managing a rental property requires a lot of hard work, patience, and planning.
Being a landlord can be stressful and time consuming, which is why more investors are choosing a professional property management company to deal with the daily struggles of maintaining a property. Let Knight Property Management provide you with professional and premium property management services your investment deserves.
With our years of experience in the industry, our responsive and highly-trained team is prepared to meet the extensive demands of property management for you. Enjoy peace of mind and the luxury of time while we help you manage your investment.
Here are 8 reasons why you should hire Knight Property Management:
1. Set accurate rental prices.
Managing and caring for your property is more than just paying for a rental unit babysitter. At Knight Property Management, our goal is to protect your investment and make sure it remains occupied at all times.
For us to get the best monthly rate for your property, we use the most up-to-date and accurate market data. We will also provide you with professional guidance on how to improve your property for it to be worth a higher rent price and attract quality tenants.
At Knight Property Management, we know how to come up with competitive rental prices so you can stop guessing and start earning.
2. Advertise your rental property.
It’s quite clear that each day your property is vacant, that’s money out of your pocket. We get them filled for you — and fast! We invest in advertising and marketing to get the right audience.
Almost all owners of rental property rely on marketing and advertising efforts to get qualified tenants to their vacant homes. For this reason, we begin working with you immediately and come up with a comprehensive marketing and advertising strategy.
We use various platforms in our marketing program — from putting up ‘For Rent’ signs to online advertising, our skilled marketing team will make sure to shorten your property’s vacancy by making sure that it’s back to generating income right away.
3. Tenant screening process
Through our years of experience, we know that placing the wrong tenant can cost you even more than your monthly rent.
That’s why we have a thorough screening process to sift through potential tenant applicants carefully and to make sure that the selected tenants are reliable. These are tenants who will pay rent on time and treat your home like it was their own.
Efficient and strategic tenant placement is possible thanks to our rigorous background screening process. We include screening for credit, employment, rental history, and criminal checks.
We’ll always use this strategy to get interested applicants to your properties. This prevents potential problems with your tenants which saves you money and time in the long-run.
4. Efficient rent collection
t’s important for any kind of rental that a prompt and reliable rent payment system is in place. And when payments don’t occur on time, you must also have a reliable process in place for calculating and collecting late penalties and fees too.
Stop playing cat and mouse with your tenant every time the rent is due. At Knight Property Management, we will take care of all aspects of this chore for you.
Our secure online platform and other payment methods allow tenants access to simple and convenient ways to submit their rent on time. We have designed our system to be an effective solution to your rent collection headaches.
5. Maintain Tenant Relationships
We also know how to proactively manage and respond to tenant requests to save you money long-term.
Building trust with your tenants includes identifying and responding to potential problems and maintaining the property in a comfortable and livable condition. Tenants require your consistent availability and managing a property is a long-term commitment.
Our years in the business has given us the experience to know how to keep your tenants happy so that they enjoy living in your property and extend or renew their lease. This leads tenants to care more for your property like it was their own.
6. Solid vendor partnerships
Property management is a 24/7 job. It is to be expected that there will be calls in the middle of the night for emergencies such as repairs.
In order to efficiently deal with routine and emergency situations, you need access to reputable vendors and contractors. Luckily we at Knight Property Management have partnered up with only the most reliable contractors and vendors
7. Legal Compliance
We have the knowledge and experience to save you money and avoid costly mistakes.
From evictions and difficult tenants to marketing and dealing with legal issues, we know what works for your rental property so you won’t have to.
We also have a thorough understanding of landlord-tenant laws, fair housing and eviction laws. We will maintain all state and federal requirements and regulations to manage your property successfully within the parameters of the law, so you don’t have to worry about the legal jargon.
8. Save You Time
We aim to save you time in everything we do, while also exceeding your expectations with the service we provide. Have you ever noticed how much of your own time it takes to be a landlord?
Managing rental properties is a round-the-clock job, and this often requires after hours work at inconvenient times.
In addition, it usually also requires knowledge, licensing and insurance to ensure compliance with local, state and federal regulations.
Knight Property Management gives you peace of mind knowing professionals are taking care of your property, without disruptions to your daily life.
Let us take care of everything for you — from finding and screening tenants, collecting rent, handling repairs and maintenance, and so much more. So, you can enjoy the things, and people, that are most important to you.
Why Should You Hire Us?
As seasoned investors ourselves, we know how to offer a stress-free property management experience for our clients.
Are you looking for a professional property management company in Volusia County, Florida?
If so, you are in the right place. We have the expertise, experience, and resources to make sure that your rental property investment is successful and well taken care of.