Are you still trying to manage your Jacksonville, FL rental property alone? You could waste valuable time and energy choosing the DIY route. After all, only 45% of landlords manage their own properties.
The rest outsource by hiring property management companies. The best property manager in Jacksonville can help you gain a competitive advantage in a competitive market.
Not sure if hiring a property manager is the right move? Read on to discover the benefits of their services!
Reduce Vacancies
The rental vacancy rate in America is now over 6%. Many property owners lose thousands of dollars in passive income each month as their units remain empty. Hire a property manager to develop your real estate marketing strategy.
A comprehensive digital marketing strategy includes:
- Content creation
- Paid advertising
- Search engine optimization
- Social media marketing
- Video marketing
- Email marketing
These strategies will ensure your properties generate more online visibility. As more people find our Jacksonville rentals, you'll generate more applications. You'll have an easier time reducing your vacancy rate and maximizing your earning potential.
Avoid Stressful Renters
Some landlords rush through the process of screening applicants. Some only focus on an applicant's ability to pay rent. Your property manager will gather more thorough reports, including:
- Eviction histories
- Rental histories
- Employment verification
- Credit scores
- Criminal background checks
This information can help you avoid troublesome, unreliable renters. Otherwise, your tenants may damage your rental property or refuse to pay rent on time.
Screening tenants will allow you to choose reliable renters you can trust. You can retain these renters long-term by encouraging renewals. Generating more lease renewals can increase your occupancy rate.
Track Real Estate Trends
Understanding the latest real estate trends in Jacksonville, FL can help you gain a competitive advantage. If you're behind the curve, renters may look at other properties.
Your property manager can help you choose property upgrades to make your rentals more attractive. These can include:
- Open floor plans
- New kitchen appliances
- Energy-efficient windows
- Smarthome technology
You can enhance the property with small aesthetic upgrades, including new floors or a fresh coat of paint. These changes can lead to more applications and higher rental rates.
Maintain Your Rental Property
Neglecting routine inspections could cause your rental properties to crumble. If you ignore maintenance requests from tenants, they could grow frustrated. These renters won't likely renew their leases, leading to high vacancy rates.
Your property manager will maintain your rental property. They'll schedule inspections and catch small issues before they get worse.
Generate More Rental Income
The best property management company will help you operate more efficiently. They'll maximize your rental income by improving your occupancy rate.
Relying on their services will allow you to generate passive income. You won't have to worry. Instead, you'll have peace of mind that your property manager is on the job.
Rely on Property Management Services
You don't have to manage your rental properties alone anymore. Instead, trust the best property management company in Jacksonville, FL. Their professional services will ensure you maximize your earning potential.
Our team at Roundtable Property Management has over 40 years of combined experience. Our award-winning professionals strive to offer exceptional services for landlords and tenants.
We'll tailor our services to meet your needs while treating your home as if it were our own. Contact us today to request our services.