During the winter months, many properties see their lowest rental rates, negatively affecting the overall cashflow for the owner. In some areas, rain
For Real Property Management Wake County, Spring means the opportunity to assess the condition of your home, ensuring it is in optimal condition to find the right renters for your investment and reduce vacancy time. Spring is also the perfect time to have a market comparison completed to see how your rental property measures up against the local competition and make adjustments as needed to attract quality renters.
Prepare for Spring to Attract Quality Residents
Sprinkler systems have been shut off and other precautions may have been taken to protect your asset through the cold winter months. Now is the time not only to turn the sprinklers back on, but also to evaluate the overall curb appeal of your home. What monetary value can you add to your rental by including landscaping services, repairing gutters, adding a fresh coat of paint? Your professional property manager is an expert in your market and knows what improvements will be valuable to potential residents and increase the profitability of your investment.
Additionally, many Real Property Management offices offer owners spring maintenance programs:
- Assess Seals and locks on windows and doors
- Service hot water heaters and HVAC, Filter changes
- Evaluate the exterior siding, stucco, paint, and other finishes
- Testing smoke and carbon monoxide detectors
- Ensure sprinklers and outside spigots are fully operational
- Check appliances for proper function and efficiency
These maintenance programs save time, but also protect your investment. Performing regular maintenance helps to avoid larger, more costly repairs.
Assess Market Rental Rates to Ensure Competitiveness
As Spring emerges, now is the ideal time to start looking at market comparisons for your home. Even if your investment property is currently
Real Property Management Wake County is well prepared to help you manage and protect your investment properties. Our professional property managers are eager to help your investment properties meet their full potential, saving your peace of mind and your wallet.