Let’s keep things simple.
If you’re dealing with a multitude of companies just to keep your Visalia property leased, managed, and maintained, you will only find yourself with extra work, higher expenses, and less consistency across systems.
With a professional partner like The Equity Group, you can streamline your entire portfolio and enjoy higher earnings and lower expenses.
Turnkey success is easy. We can work with you to identify investment opportunities, plan for renovations and repairs, market your home and screen your tenants, and manage the property throughout the life of the lease. Then, we’ll do it all again.
Your investment portfolio can thrive when you have consistency and streamlined systems and processes. We can provide them.
Here’s how to do better with a team like the one waiting to work with you at The Equity Group.
Visalia Property Management and Acquisitions
It’s natural to go looking for a real estate agent when you’re trying to buy an investment property. This is a great idea; a good real estate agent can show your properties that are within your budget. They can hear your investment goals and look for properties that align with those standards. You’ll also have the benefit of a strong negotiating partner when it’s time to make an offer and move towards closing.
You’ll want to work with a real estate expert who has experience with investors, however. This is different from finding a home that you’ll live in yourself. If you can leverage the skills, experience, and resources of a property manager who also serves as a broker, you’ve really managed to streamline the entire process and make it more effective for you. As you’re looking for your next investment property, your trusted Visalia property manager can tell you:
- How much rent a potential investment property might earn now and in the future.
- How long it would take to rent a specific home that you want to invest in.
- What types of tenants you might attract with a single-family home or a multi-family unit.
- What types of repairs and upgrades will be needed before the property is ready for the rental market and likely to earn as much rent as possible.
- How much maintenance you can expect to need with a specific property and what you’d have to budget.
Only someone who leases and manages homes in and around Visalia and knows what you can expect once the deal is closed and you’re looking for a way to turn that investment into an income-producing rental property.
At The Equity Group, we are the team that can handle all of this and more.
This is a constantly changing market. When you’re looking for a profitable investment property, you need to partner with someone who can provide a lot of historic and relevant information, not only about the sales market, but also about the rental market. It will help with negotiations and lead you towards better decisions.
This is what we mean when we’re talking about streamlining the process for your success.
Turnkey Visalia Property Management
There shouldn’t be any missteps or miscommunication or discomfort during the time that you’re moving from acquisition to management.
As soon as you have the property or the properties that you’ve decided to invest in, you’ll need a local management expert who knows the rental market and can help you:
- Price the property for low vacancy but high earnings
- Prepare the property so it’s in rent-ready condition
- Market the home to attract the best tenants
- Place great residents who pay on time and take care of your investment
- Protect its condition and its value
To earn as much as possible and protect yourself, you’ll need a strong lease agreement that’s legally compliant and legally enforceable in California. That’s not as easy as it sounds, especially with all of the tenant protections and requirements that need your attention.
When you’re working with a full-service, turnkey property management partner, you know that you’re supported by a team of professionals who have been operating successfully in this market for years. At The Equity Group, we will ensure you have a successful and profitable investment experience by managing your property throughout its lifecycle.
As your property management team, we will take care of details such as:
- Screening tenants. Our process is rigorous and consistent, in accordance with all fair housing laws. The result is a well-qualified resident who contributes to the entire rental experience in positive ways.
- Collecting rent and enforcing the lease agreement. You won’t have to worry about late rents, missing payments, and problems at your rental home. We know how to balance tenant accountability with good customer service.
- Following fair housing, security deposit, eviction, and habitability laws. There’s much less risk for you.
- Tracking all of the accounting. You will receive financial reports, accounting statements, and a clear and transparent look at how your property – and your entire portfolio – is performing.
- Maintenance issues. Whether emergency repairs, routine fixes, or preventative services – we’re doing all the things so you don’t have to.
- Managing the lease renewal process. We will negotiate terms and establish renewal rental rates.
With a one-stop shop that helps you take care of investing in a property, preparing it for the market, and renting it out, you can expect your property manager to facilitate and develop positive tenant relationships, which lead to higher retention numbers. You’ll have peace of mind knowing the condition of your property will be protected through routine inspections and preventative maintenance.
Full-Service Management Means More Money
Streamlining is efficient, and efficiency leads to profitability. By consolidating all of your real estate, investment, and property management needs into one professional provider like The Equity Group, you’re also likely to earn more money.
Owners who use a full-service management company that can also handle buying and selling assets understand that this approach immediately saves money and drives up profits over the long term. The ease of not having to integrate systems across multiple companies is wonderful. The higher earnings are even better.
There’s less room for error because everything is happening within one company and under one roof.
This saves you money by reducing vacancy, expediting repairs, limiting tenant turnover, and avoiding expensive mistakes. If you’re working with a team who leverages technology and keeps the most mundane tasks automated so their professionals can focus on relationships and opportunities, you’re really going to notice a difference in how your portfolio performs.
You earn more when you partner with a qualified, experienced team that can help with everything from identifying investment opportunities or ways to increase rental values to negotiating closing costs to preparing a property for the rental market.
It’s also a huge benefit that the team you work with already knows you, your investment goals, and your property. We provide a better experience for your tenants and a more profitable experience for you.
Streamlining Maintenance with The Equity Group
We invest in maintenance management systems that save us time and save you money.
Communication and information sharing will make any process more streamlined, and you need something that helps you and your residents stay on the same page. A good reporting process will make sure that there’s nothing over-complicated or convoluted when it comes to asking for repairs or replacements.
Here’s how we’ve streamlined our systems for reporting maintenance needs to the benefit of our owners and our tenants:
- Emergency Repairs
Emergencies require urgency.
These repair requests typically involve a flood, a fire, or a threat to the safety of your tenants and your property. It may be a sewer line backing up or a toilet that won’t flush in a home that has one toilet only. A lack of heat in the winter is an emergency. A roof that’s caved in – definitely an emergency.
We ask tenants to call us as soon as it is safe to do so when there’s an emergency. We want to get started on repairs right away.
- Routine Repairs
We endeavor to respond to routine requests with a sense of urgency, too. For routine repairs, however, we believe that to streamline the entire maintenance process, we need to collect these requests in writing. This provides us with an opportunity to carefully and accurately document the work that’s needed at your rental property. As property managers, we’re able to set up online portals for tenants to pay rent online and make maintenance requests online. It’s easy to invite these written maintenance requests. Tenants can be as descriptive as possible about the issue and even include photos. That will give us what we need to move forward on the repair.
There’s also the matter of preventative maintenance. Emergency repairs are disruptive to a pleasant rental experience. They’re the opposite of streamlined repair work. So, we save money and time by preventing emergency repairs with a solid preventative maintenance plan.
Preventative maintenance keeps costs down by avoiding emergency repairs and unexpected disasters. It protects the condition of your property and its value. It also keeps your tenants happy, which means you’re more likely to retain them.
This is how we approach turnkey property management; with a streamlined approach to investing, leasing, management, and maintenance. You can benefit from all of our knowledge and experience. Contact us at The Equity Group when you’re ready to have a better investment experience.
