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Does this sound like your current property manager?
What if you could relieve all of those problems AND have…
As a real estate investor, building your portfolio is one of your top priorities. When it comes to scaling, on-site management can make this challenging. After all, an on-site resident manager can only take charge of one building at a time. If you own three properties, you may have three different points of contact and the larger your portfolio grows, the more your day may consist of managing managers instead of having more time for your other high-value opportunities.
GMR Realty Property Management, on the other hand, is able to manage as many properties as you own. That means you can oversee operations for your entire business with just one point of contact. This makes the logistical side of growing your real estate portfolio a lot more seamless.
2. Better Rates
Any property is going to need maintenance or repairs at some point in time, whether it be large repairs or minor upkeep fixes – e.g. plumbing, roofing, electrical work. An on-site manager does exactly what you would do: They contact an appropriate contractor and pay standard retail prices for their parts and labor.
An off-site management company like GMR has the means of providing a more efficient approach, because we work with professionals at a much larger scale, and provide services at pre-negotiate rates. GMR provides inspections, 24/7 maintenance and many other additional services with our pre-vetted, trusted and insured professionals who provide top-quality work at a great price.
3. Higher Service Quality
GMR Property Management has their own in house contactors (family business) that can act quickly when service needs arise.
Because we work with a large number of professionals and have years of experience in real estate and with investors, our off-site property management team has a database of the best technicians, if needed.
This kind of sophistication just isn’t possible for an on-site property manager who’s either performing handyman duties themselves or hiring vendors intermittently from a smaller pool.
4. Simpler Rent Collection, Accounting and Financial Reporting
When it comes to rent collection, accounting and reporting an on-site manager can work as your proxy. Although it’s certainly more valuable to have someone else doing that kind of legwork – i.e. knocking on doors, depositing checks, issuing late fees and dealing with legal compliance all while keeping track of the finances.
GMR's modern-day property management company provides a streamlined rent collection method with accounting and financial reporting attached. With friendly-features like online Landlord and Tenant portals, the manual process is taken away which allows your cash flow (and reports) to consistently arrive on time and your renters stay happy.
5. Efficient Marketing and Tenant Fulfillment
Marketing and screening tenants to fill vacancies is one of the most time-consuming and high-stakes efforts for any property owner. Your income depends on your ability to place residents as quickly as possible, but you can’t afford to be careless in your choices. If a tenant breaks the lease or damages your property, it can actually end up costing you more money. On-site managers generally can’t help you with this process, beyond meeting prospective renters and showing the empty unit. But with an effective off-site agency team, inspections, clean-outs, maintenance, marketing and tenant screening is a different story.
With 18 years of experience in Real Estate and Property Management themselves, GMR understands the time sensitivity and value of quick and smart tenant turnover and fulfillment. Target marketing, checking for criminal history, prior landlord disputes, and using a historical database of renters to make smart, predictive decisions for a perfect tenant for your rental property- all while taking care of the turnover maintenance tasks… This makes the entire process faster and simpler, while providing you the highest quality tenant.
6. Legal Compliance
Onsite property managers may be able to give out notices of late fees and evictions, but when it comes to handling legal compliance in paperwork and courtrooms, that's a different story. Off-site company, GMR Realty Property Management has the experience to take care of all your legal compliance tasks and duties, allowing you to remain hands-off and stress-free in your leasing business.
YOU CAN HAVE IT ALL
On-site employees require your valuable time and money… recruiting, hiring, training and all the paid “insurances and benefits''... With no real world investing, leasing and property owner experience, this can be jeopardizing your financial income.
GMR Realty Property Management Company has 18 years of real world experience in all aspects of real estate investing, property management, services and leasing. Our local company provides you with a reliable, trustworthy and full service team, allowing you to save money, time and remain stress-free while we take care of all the mundane tasks and duties that come along with property leasing.
Contact Us. We are ready to be of service.