Are you wanting to know what your rental
property's monthly rental income potential is? Many
homeowners are curious about renting out their home, but are
unsure of what to ask for a monthly rental rate. The
most accurate way to assess a home's monthly income
potential is by contacting a
property management company in your area and asking what
your home will rent for. Use the search form below to
find a property manager in your area:
If you are considering or have even
began advertising to rent out your home, the smartest move
you can make is to contact a local property manager and get
a free estimate of what they estimate your home will rent
for. Don't leave money on the table by
guessing your rental's monthly rate. Rent your
property faster, receive more income and get the most
accurate and up-to-date rental value for your neighborhood
by seeking the advice of a
property management company.
There are three reasons why hiring a real
estate professional is a smart move for any homeowner
considering to rent out their property.
Property managers know the rental
market in your area. Knowing the rental
potential of particular sized homes in their city and
the differing neighborhoods is their business. This is
what they do day after day. No one will know the rental
value of your home better that a professional.
The more money they make you, the
more money they make themselves. Property management
companies are typically paid a percentage of the money
they make you. It only makes sense for them to
make as much money for you as possible because they too
will make more money. One of their goals is to
make as much money for you as possible. Real
estate professionals want to make sure you rent your
home out as fast as possible and as much as the market
allows. This ensures that they will make you more money,
make themselves more money and keep you as a return
client. A happy client is a return client.
Much less hassle for you.
Not only does a property manager try to make you as much
money as possible, they are also managing your property
for you. This means that you do not have to deal with
tenants. It also means they do services that a typically
homeowner can't do, such as background checks and
running credit scores to ensure that the person living
in your property is going to be able to pay you on time.
They also collect the monthly rent. If a tenant does pay
within the agreed upon time, they do the dirty work, not
you. If an appliance breaks or the neighbor's dogs
are barking, the tenant complains to them, not you.
You will never hear from a tenant, only from the
property manager. If you have ever rented a
property by yourself, you know what a headache dealing
with a tenant can become. Remove that aspect of renting
your home and have someone do it for you!
Hire a property manager today.