Landlords often try to maximize their profits by managing their own properties and cost saving programs. But the do-it-yourself approach can cost you money. In fact, managing your own rental properties can do more harm than good.
That’s because you don’t have the experience, expertise or resources that a professional property management company does. In fact, hiring a property management company can save you money. My MVP Property Management has cost saving programs in place to save you money.
Every day a property sits vacant, it costs you money, so the less time your property remains vacant, the better for your wallet. Using a property management company to get maximum exposure for your property can mean the difference between months on the market or a few days.
In fact, property managers typically have a pool of prospective renters from which to draw. With a property management company, renters are trying to find you; you don’t have to go looking for them.
Plus, well-managed properties keep tenants, so you have fewer vacancies.
Keep in mind, the typical vacancy costs at least one month’s rent, plus the additional expenses of cleaning, changing the locks, making repairs and other improvements, marketing and more. If you can reduce the number of vacancies you have, you save money.
You can benefit several ways by working with a property management company. Especially if your property has maintenance issues or needs repairs.
We have a maintenance and handyman crew and if our crew can’t provide the services you need, we will turn to our network of licensed, bonded and insured contractors.
With our own maintenance division, you end up paying less for the work, and depending on the repair, it could save you several hundreds of dollars. Likewise, My MVP Property Management offers peace of mind, that is priceless.
My MVP Property Management company can lease your property, qualify tenants, collect rent, field phone calls. In addition, we can handle repairs, renew leases, enforce leases, evict tenants and more for a comparatively low fee.
One lawsuit avoided, one eviction averted, even one less month with a vacant property can cover the cost of hiring a property management company.
Look no further than My MVP Property Management for cost saving programs. Contact us today and start saving money.