Every investor can benefit from the expertise and attention of a professional Orange County property management company. But, when you’re investing from out of state, it’s even more critical. At Park Avenue Property Management, we provide peace of mind to our non-local investors by paying close attention to their property and their tenants, and by communicating openly and transparently with the help of technology.
We’re talking today about some of the tools and resources we have available for our out of state investors.
Local Marketing and Leasing Resources
When a rental property is vacant, it’s important to take care of preparing the property, advertising the property, and showing the property as efficiently as possible. Otherwise, a long vacancy period will cut into rental income and ROI quickly. We have an automated and effective leasing process that allows us to turn a property over quickly between tenants.
As soon as your rental home is vacant, we will clean it out and make any necessary repairs. We’ll begin advertising and showing the property immediately, and we’ll seek tenants who are well-qualified and looking for a long term home. This process saves money for our out of state investors. They don’t have to wait out a long vacancy or worry about having an unoccupied property. And, they don’t have to travel back to Florida in order to rent out their home.
With our team geographically close to your property, you won’t have to worry about leasing it. We’re here for showings, tenant screenings, and security deposits.
Full-Service Property Management and Maintenance
Our full-service management services include everything you’d expect; collecting rent, conducting inspections, communicating with tenants, and managing the accounting and bookkeeping associated with your investment.
Most importantly, we’ll take care of maintenance issues. Routine rental property repairs are reported online by tenants, and we respond swiftly with a diagnoses and a qualified vendor or contractor. If there’s an emergency, our team is available 24 hours a day and seven days a week. We won’t allow further damage to occur to your property; we’ll respond promptly so the condition of your investment is protected and your tenants are at ease.
We know it’s hard for out of state investors to build relationships with local vendors and to respond to the needs of their tenants and their properties. We take care of all that for you.
Providing Technology and Communication
We understand the value of technology, especially when you’re outside of the area and wondering how your property is performing. We’ve invested in some of the best property management software available to ensure you’re connected to your management team and your investment at all times. You simply need to log onto your owner portal, which will show you rent collections, maintenance invoices, and the amount of money that’s being earned and spent on your rental property. You can also look at leases, track inspection reports, and send messages to your property managers.
The most important resource for out of state investors is an experienced, proactive professional property management company. Smart investors know that professional management can save money and increase ROI, but it’s especially critical to investors who don’t live in the same town, state, or even country as their investment properties.
We have a lot of experience with absentee landlords and distant investors. If you’d like to talk more about how we can help you protect your property, contact us at Park Avenue Property Management.