Are you in the process of hiring a Cleveland property management company? Here’s something to think about. If you really want to leverage a professional’s experience, resources, and network, you’ll find a company that does both management and real estate buying and selling.
When you work with a Cleveland property manager who can provide both services, your investment lifecycle will stay with the same partners throughout every step of the process. Real estate agents on their own will help you buy and sell property. Property managers on their own will help you lease, manage, and maintain that same property.
Doesn’t it make more sense to work with a team that does both? It’s more efficient, more rewarding, and all the accountability lands at the same place.
Save Yourself Time and Money with Cleveland Property Management
The real estate market is competitive, especially now. As an investor, you’ll want to move quickly through the steps of acquiring an investment property, preparing it for the rental market, and leasing it to good tenants.
With a consistent team of professionals helping you through every part of the process, you save yourself a lot of time and money. There’s less vacancy, fewer surprise expenses, and a single commission to pay to one company instead of several.
When your property manager also helps you identify investment opportunities and negotiate favorable details, you’ll be able to transition seamlessly from one step of the process to the next. Your property manager will know the rental home and what it needs even before you close. All the necessary work can be planned in advance and you’ll save money by getting that property on the market faster – with less vacancy.
Customized Cleveland Property Management
Another benefit to working with a Cleveland property management company that also does real estate is that your management team will really get to know your property.
There won’t be a huge learning curve when it comes to that home’s neighborhood, rental value, maintenance needs, and marketing strong point. You’ll already have seen the property with your management team, so they’ll know what’s needed to lease and manage it right away.
This leads to a customized management plan that meets the needs of your investment goals and your investment property
Accountability and Communication
Property management and real estate businesses are all about relationships. You and your management team will get to know each other while navigating the purchase process. You’ll have shared your expectations and set some goals together. This leads to more accountability and a drive to do better for you and your portfolio.
You’ll also have an experienced real estate agent looking for ways to grow your portfolio. They’ll know when it’s time to sell, where the market is trending, and how you can leverage your current investment properties to grow your portfolio.
We can help you with both managing Cleveland rental properties and general real estate services. Let’s talk about the additional benefits of working together. Please contact us at IIP Management. We work with owners in the Greater Cleveland area.