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How to save money with RPM Management in Boca Raton

The number of properties that are available now may never have been higher. With the number of houses that have been repossessed and foreclosed upon, and the number of properties that fell into serious negative equity and were abandoned back to the bank; developing a meaningful property portfolio is now becoming a popular investment.

To maximize on this investment, professional property management now becomes an issue to contend with. RPM Management in Boca Raton saves you money in the long run by being more efficient and either avoiding vacancies altogether or shortening them. They can make sure responsible tenants occupy your units, and they are skilled at keeping properties maintained to the highest quality, for the least amount of money.

There are keys to maximizing on your property investments, here are a few:

  • Avoid vacancies: Rental property only has a single source of revenue; the rent. This unfortunately is not the case with expenses. Your property may be empty, generating no revenue but the expenses keep coming. For this reason, filling your property with the right tenants is a priority, the right tenants over just, ‘any tenant’, reduces the possibility of default and eventual eviction. Responsive maintenance and repairs is key to keeping the tenant happy, and happy tenants often renew their lease.
  • Shorter vacancies: The best rental property in the world will eventually become vacant, and when it does, it is important to have rapid replacement. RPM Management in Boca Raton has a program of aggressive marketing, which puts the property in front of the right people. They have responsive property showing outside of business hours and a screening and leasing process that keeps the vacancy to a minimum. Expert property managers set rents at competitive rates to maximize on revenues but not at the expense of putting the property into a non-competitive situation.
  • Getting the right tenants: Without proper screening, filling the place with a tenant is easy but getting them out is difficult. If you have to evict a tenant, you may be looking at six months of lost rent, legal fees and possible property damage. To avoid this, professional property managers have very refined screening methods; they determine the tenant’s suitability and their ability to pay, all done without prejudice.
  • Faster payment of rent: When you have rental property, time is money. The rent must be paid on time, the invoices paid and the balance deposited in the owners account quickly. RPM Management in Boca Raton also provides the owner with a full operating report and complete financial reports. All of these reports and other important details are made available to the owner via an online portal which gives the owner access 24 hours a day.

When you hire a property manager you will find that you will have increased revenue due to shorter periods of vacancy, reduced costs due to effective maintenance and more free time .

Saving money with RPM Management in Boca Raton FL can be accomplished if you entrust your property to the pros at Real Property Management – Boca Raton. Call today, 800-365-1275 and see how you can increase your rental performance.

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