If you’re a landlord or landlady, you understand the life of your business – rental income!
If a structure isn’t set in place and rent isn’t collected in full and on time every month your business will take a hit. When everything is running according to plan this is when your return on investment is great, as you already may know!
Setting Your Rental Rate
Knowledge of the local market and the ability to assess data on the MLS provides Stone Oak Property Management with a great understanding of what your income property should be earning every month. We provide a rental analysis free of charge to any property owner interested in learning what their property can bring them in residual income every month! While most investors like to see their rent usually equate to 1% of their property’s value this doesn’t always serve as the main factor in determining your properties rental rate. The only true way to determine what your rental property should be earning every month is doing price comparisons with other properties in the given area and adjust as needed to what the market offers. However, you can rest assured that any great property management company, like Stone Oak, will have you earning the highest rent your property allows! To receive your free rent analysis, you can contact a local market expert at 512.617.6766!
Collecting Your Rent
Collecting checks from tenants is a thing of the past! The logistics of having to have your tenants deliver their rent to you or you having to go pick up their checks can have you spending time on something there is already simple solution to. Property management companies have evolved with the times and have a better presence online than ever before! Stone Oak Property Management gives tenants the tools that allow them to pay their rents online which results in a direct deposit into your account every single month. No hassle involved whatsoever!
Every property management is different in their policies concerning rent that isn’t paid on time. Stone Oak Property Management is adamant about making sure your rent is collected each and every month. Our thorough tenant screening process helps to insure you have high-quality, rent paying tenants in your property!
The services and the tools we provide make it easier than ever for your tenant to pay online, and for you to get paid every month! Ditch the hassle of collecting your payments from tenants every month and discover this and the many other benefits a property management company like Stone Oak can provide!
