Engaging the services of a property management company is perhaps one of the most critical choices a successful real estate investor can make. Although the management fee will be different for every company, it better not be the reason as to why you choose to go with a particular firm–it is the value that owners receive for that fee, rather than the dollar amount itself, that matters in the end. There are significant benefits to hiring a Bangor property management firm that offers quality services, industry contacts, and flexibility across office locations nationwide. These things and more are what makes Real Property Management Acadia an excellent choice for investors large and small.
There is a common misperception that the role of a property management company is to find tenants for a rental property, collect rent and then handle a few tenant-requested repairs. While these are components of the job, real property management entails so much more. For example, a quality property management company should be able to use proven tools and systems to both protect you and your investment as well as maximize your rental’s profitability.
At Real Property Management Acadia, we coordinate with property owners to create cost-effective maintenance and renovations, meticulously checking the state of the property throughout the year. Using our proprietary tools, we will help property owners determine the best monthly rental rate for their properties, to find and retain quality tenants for each one. We use a proprietary system for tenant placement that covers a rigorous screening process that helps ensure quality tenant placement.
Not all property managers are qualified enough to take on the lesser known situations, such as evictions, accessibility concerns, and the death or divorce of a tenant. Professionalism and expertise are never an apprehension when working with Real Property Management Acadia. Our facilities are supplied with streamlined, automated systems for collections and evictions that ensure the process is completed efficiently and in compliance with all laws and codes. Each office also has expertise in Landlord/Tenant law, the Federal Fair Housing Act, licensing, insurance, and more.
One feature of property management services that are usually dismissed is the company’s potential for excellent communication and access to financial information. As a property owner, communicating with your property management company is an integral part of protecting your investment. Most property management companies will provide financial statements quarterly, sometimes monthly. But at Real Property Management Acadia, property owners have access to a secure online account where notifications and financial statements are always available. This makes tracking your Bangor property easy to do from just about anywhere.
Of course, having a local office to visit or call is important, too. Many property management companies have one or two locations and manage properties within a small radius of their office. Some investors hire multiple property management companies to help them grow their investment portfolios, which limits their investment opportunities to one area. But it doesn’t need to be that way. With hundreds of offices across the nation, Real Property Management Acadia is your local office no matter where you purchase rental properties. If you would like more information, please contact us online or by phone at 207-561-7482.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.