Management services
Benefits
Setting the Rental Rate
Setting rental rates is not always as easy as skimming the classified ads to ballpark what your property is worth. A property management company will use their experience with other local properties and analyze the current market rates in order to price your rental as efficiently as possible.
Rent Payments
The property management company will collect and deposit monthly rent payments from the tenants of your property. They will also be responsible for collecting and redistributing security deposits as is needed.
Maximize Profitability
Hiring a property management will not only maximize the profit of your property, but will also maximize the efficacy of your time. Property managers will charge a percentage of your property’s income in exchange for their services. Depending on your location and the manageability of your property, this can run between 6-10%. This charge is generally much less expensive than the money and effort you would spend otherwise. In addition, a property management company will minimize the time you would spend managing your own property.
Marketing & Advertisement
A property management company will be responsible for finding tenants for your unit. The first step of this is marketing your property and advertising to potential clients. This is usually done digitally through online rental listings and might also include physical signage to advertise your rental.
Tenant Screenings
Property management companies are responsible for screening and choosing the tenants that will live in your rental unit. At Wright Property Management, we conduct background, criminal record, and credit checks on all prospective tenants.
Tenant Management
In addition to finding good tenants, the property management company is also responsible for maintaining the tenant-landlord relationship. WPM will handle all correspondence and payment retrievals with tenants.
Property preservation
WPM is relentless in keeping your home, inside and out, in great condition. From tenant move in and move outs, work orders and even middle of the night emergency, we have your property covered. We do full documented walk throughs of the property and manage any repair needed. We treat your properties as if they were our own.
Maintenance Requests
We handle and fulfill all tenant maintenance request and track the maintenance request until complete. Our maintenance coordinator is available 24/7 to jump on any property emergency that may arise.
Vendor Relations
Rent with Confidence
SERVING THE GREATER TREASURE VALLEY
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