The latest property sales figures show that investors are buying a record share of US homes. In fact, 18.4% of all homes sold in the last quarter of 2021 were bought by investors. That's a total investment of $50 billion.
Some investors love nothing more than taking on a fixer-upper. For others, that's more of a nightmare than a dream. They choose the low-stress option of a turnkey property.
There are many benefits of a turnkey property investment. But to make it truly hands-off, you need to work with a turnkey property management service.
Let's take a closer look at what they do and why you need them.
They're Local Property Experts
Marketing a rental property is no joke. You need to photograph it right, describe it well, and get it on the right marketing sites. Plus, you need to get it on social media and then manage all the interest that comes in.
Only then can you think about showing the apartment and working up contracts. And did we mention tenant screening? That's a big deal because without it you won't get tenants who pay and stay.
Professional property management handles all of this and more. They know the local area. They can help you set the right level of rent, and find excellent tenants.
They Answer the Phone at Midnight
Being a landlord is supposed to be all about earning a passive income, right? You won't think that when you're scrambling to find a plumber to fix a water leak at midnight from halfway across the country. This is where turnkey property management is in a league of its own.
They will answer those calls and they have their own team of technicians on standby. You just pay the fees and the contractor services and they do all the heavy lifting. That leaves you to concentrate on your day job.
They Keep Your Property in Turnkey Condition
You choose a turnkey property as your property investment precisely because it's in great condition. Turnkey property management can help it to stay that way.
They will find you tenants who care about your property. Tenants who will keep it clean and inform them about maintenance issues.
They'll also schedule regular maintenance and inspections. This all helps to protect your real estate investment so that the rent keeps flowing in for years to come.
Choose HomeRiver Houston for Turnkey Property Management
Turnkey property management is all about taking care of your two biggest assets: your property and your tenants.
The right tenants will care for your property and pay on time. Property managers will inspect it, recommend needed maintenance and follow up on all the tenant's questions. You can relax knowing your investment is in safe hands.
At Home River Group Houston, you get all the benefits of a national firm but with a truly Texan touch. Why not start with a free rental analysis? Call us or get your instant report online today.
