![]() ![]() This in fact is why many out of state investors bought investment homes, expecting the long term gain to offset the short term cash flow loss. The good news is, if you can ride out the market, you are likely to be much better off in a few years than if you sell your home now at a deeply discounted price. Some of our new clients are “involuntary landlords”, forced into leasing their home by market conditions. ![]() If you are in this situation, you are not alone. You also might not have enough equity to sell without bringing money to the closing table. Better tenants and lower vacancy will put more money in your pocket! Many owners who have purchased in the past 10 years and made a small down payment cannot lease the home for an amount that will cover the carrying costs, especially in newer neighborhoods. Asking market rate rent increases the chances of finding great tenants who want to stay in the property for a long time. Both of these contribute to a smaller bottom-line. We have found that asking above-market rent leads to higher vacancy periods and higher turnover. There is also some strategy behind choosing the right asking rent. Contact us and we will provide you with a free Rental Analysis. The rental market is a competitive market with many variables that are constantly changing. Of course, we’d love the chance to earn your trust and manage your property, so please read on.Ī: We are asked this question more than any other by new owner prospects. Frankly, we are not a perfect fit for every property owner, especially owners who want to be involved in the day-to-day management. You should hire APMS only if you believe we are the best match for you. The more research and information you gather, the better you will feel about your final decision. You have to be able to trust your property manager so that you won’t be worrying about your property. Turning over your rental property to the care of a new property manager can be an emotional and frightening experience. The Why Choose Advantage Property Management page offers a short list of some key differentiators. We have reviewed every component of the property management process and found ways to deliver better service and better results. Our services are superior to the outdated, traditional property management model. Our clients love us because they can be a true real estate investor, not a landlord. If it’s related to your rental property, APMS will take care of it. Unlike traditional property management companies who co-manage properties WITH you, APMS does all the work FOR you. In the event that the manager receives two or more unrelated applications for the same property, the Applicant understands the Landlord may select the Applicant desiring the property in “AS IS” condition over another Applicant requesting maintenance or repairs (this does not apply if the request is related to accessibility accommodations).Ī: Advantage Property Management Services (APMS) delivers a unique real estate investing experience to our clients. Any such modification or repair request must be in writing and included with your application under “Other Information – Any other information we should know?” If your maintenance and repair request is acceptable to APMS, then it will be acknowledged in writing. The property must be accepted in “AS-IS” condition before an application can be approved, except where there is written agreement for modifications or repairs. After 45 days you will be asked to submit a new Rental Application.All Applicants must see the interior of the property before an application will be processed. If your application is approvable, but not the approved one for the property for which you are applying, you may consider applying for our other available properties for 45 days without payment of an additional application fee. If you have a pet you must also submit the Pet Application through the third-party screening service we use. A complete application includes the online Rental Application form for all adults household members, proof of income documents, and the application fee. When submitting an online rental application, you may complete the “Other Applicants and Adult Household Members” section, which allows separate applications to be submitted together.APMS can only approve complete Rental Applications. A: Anyone 18 years of age or older must submit a rental application. ![]()
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