Gallup says that from 2014 to 2024, real estate has been Americans' number one favorite long-term investment. And why wouldn't it be? Owning rental property can be rewarding, providing a potentially stable and predictable long-term income.
Still, rental property ownership can be overwhelming, especially for first-time investors in Des Moines, IA. The good news is that turnkey property management solutions provide a hands-free way to generate a hefty income.
To that end, our team at PMI Central Iowa put together this guide on turnkey real estate management and investment property services. Read on to discover the top reasons to partner with professionals.
1. Time-Saving Benefits
Being a property owner and managing a rental can be a full-time, 24/7 job (e.g., emergency repairs that happen in the dead of night, such as burst pipes). Unless someone else manages your property, you must address these tenant problems immediately, even if it means getting out of bed at midnight.
Enter property and tenant management services, including handling day-to-day rental operations and emergencies. With these at your disposal, you can focus on other essential aspects of your life or business.
Imagine not having to worry about:
- Property maintenance and repairs
- Rental property oversight
- Finding and screening tenants
- Collecting rent and handling late payments
- Coordinating maintenance and repairs
- Managing tenant disputes and evictions
With your dedicated manager handling those tasks, you can redirect your energy to what matters most. For example, you could spend more time with your family, enhance your lifestyle, and invest in new properties.
2. Expert Marketing
Turnkey property management professionals in Des Moines, IA, are experts in marketing properties. They're familiar with market trends and know how to market rental properties effectively. They can ensure your property gets maximum visibility and attract the best tenants by:
- Listing on multiple platforms
- Using professional photography and virtual tours
- Promoting properties on social media
Effective marketing allows them to fill vacancies quicker and attract renters most likely to pay on time.
3. Comprehensive Tenant Management
Partnering with a property management service means getting access to comprehensive tenant management, which helps ensure you have tenants who:
- Are most likely to pay rent on time
- Will follow all of the lease agreement's terms and conditions
- Will respect and care for your property like it's theirs
Your property manager will take the following steps to achieve the above goal:
- Conduct resident background checks to assess tenant reliability
- Maintain clear communication throughout the tenancy
- Perform regular property inspections to confirm tenant adherence to the lease agreement
By effectively managing your tenants, you promote a positive rental experience. It can lead to more optimal property maintenance and elevated resident satisfaction. It also helps increase your occupancy and tenant retention rate while minimizing your risk of eviction.
Say Goodbye to Stress With Turnkey Property Management
With full-service turnkey property management in Des Moines, IA, you can save time, get expert marketing, and enjoy comprehensive tenant management. Entrusting your management to the pros can boost profitability and lower stress.
Backed by PMI, a larger franchise that has perfected and enhanced the property management industry in the past twenty years, our full-service property management firm, PMI Central Iowa, has what it takes to deliver high-quality turnkey management solutions. Start your journey toward hassle-free property ownership today by speaking with us and getting a free property analysis!
