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Getting Better Tennants In Akron Ohio Getting Better Tenants In Akron ohio For Rental Properties Akron Ohio Property Management
English
March
13

March 13th, 2013 by

  

Know Your Market Rents

At Hayes Realty Property Management Canton office we often will come across advertisements by property owners who are managing their own properties.  These same landlords tend to rent to one of the first applicants out of a sense of panic over the vacancy they have.  This situation often leads to evictions and property damage that could have possibly been avoided. One of the first "tip-offs" to this situation is that the advertised rental price is significantly below market rent.

 

 
At the Hayes Realty Property Management Akron location we recently met with a property owner who was doing everything himself, from Rent Collection, Evictions, Leasing, Property Maintenance, to Rental Repairs.  This was literally a second job for himself.  The unfortunate part was that while he was doing his own Property Management throughout Canton, his rents were so far below market that we were able to increase his profit by over twenty percent even after the hiring of a professional Property Management company like Hayes Realty.
 

The moral of this story is that rather than shouldering the Rental Management burden on your own, you most likely will actually increase your profits (and save your sanity) by hiring a professional Property Management Company like Hayes Realty.  Hayes Realty Property Management currently has a 98% occupancy rate and is continuously working to increase rents for our clients.  Email us today at (Put Link Here).  We can review your Rental Portfolio with you to see how your current rents match up in the current Rental Market.

 

Categories: Akron Property Management Information
Tags: Akron Ohio Property Management

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