Due Diligence: How Real Property Management Advantage Sets Ourselves Apart

As a Huntington Woods rental property owner, you have developed a valuable investment in your future. To protect and grow that investment, it is vital that your properties are being taken charge of with a keen eye towards due diligence. Due diligence is a label most closely defined as exercising prudence and care in carrying out certain tasks and duties to minimize risk. When referring to rental properties, there are a lot of different factors that come into play.

From putting together or preparing and insuring your property to tenant screening to routine maintenance and repairs, you have a solemn duty to keep your property habitable and your tenants safe. At Real Property Management Advantage, due diligence informs every single component of how we perform and operate. In actual fact, rental property owners across the country trust their local RPM office with their valuable investment properties because of the way our approach to due diligence sets us apart.

Preparing a Property for Tenants

Part of the first and most vital functions that we grant rental property owners are having your property ready for your tenants. Due diligence comes into play in this process as we are heedful to guarantee and make sure that your property not only corresponds to the legal definition of “habitable” but that you have the tools and protection you really need to keep liability to a minimum.

Real Property Management Advantage grants comprehensive property assessments that provide you a full picture of your property’s current condition. We will inspect every system and element of the property to determine whether anything has to be done to make sure that the rental is in good condition and that your tenants can live there safely. We will likewise carefully help you to secure adequate landlord insurance and provide high-quality, detailed lease documents that clearly outline the terms of your agreement with your tenant. Accordingly, we assist you to minimize risk and the potential for disagreements or confusion in the future.

Tenant Screening

Another essential service that Real Property Management Advantage gives is total tenant screening. After establishing and making your property ready to rent, the subsequent step is to find the right tenant. We understand that not just any tenant will do – we will strive hard to have someone who will care for your property. Our multi-step screening process checks each applicant’s background and financial stability, and we are extra careful to check with past landlords and references. In terms of tenant screening, we do our due diligence to protect you and your investment property from problem tenants.

Preventive Maintenance

Another way that we at Real Property Management Advantage set ourselves apart is with our unique technique for property maintenance and repair. Not only do we take special care to have your property ready for each tenant, but at the same time, we schedule and perform regular preventive maintenance that all rental properties necessitate. Being proactive with property maintenance makes it easier to prevent the nightmare of those unexpected and expensive repair bills. Alternatively, we will work closely with you to organize and budget for property updates and renovations, furthermore, be cautious to extend the useful lives of your appliances, HVAC, plumbing, and more. By approaching property maintenance from a place of due diligence, we can actually help you save money on repairs and reduce tenant turnover.

When you hand over your rental properties to Real Property Management Advantage, you very well know that you are receiving services that go above and beyond the industry standard. Our team of Huntington Woods property managers works very closely with rental property owners like you to not only protect your valuable investment but also to support you as you seek to grow your investment portfolio. To learn more, contact us today or give us a call at 248-259-2575.