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At Bancroft & Associates we
understand that when you make the decision to own a rental property, you have
made the decision to go into business for yourself. Just as in owning a clothing
store, restaurant, etc., there are expenses that go along with the risk to make
profit.
The selection of the right
company and agent to manage and lease your property can mean a significant
difference in the return you receive from the investment you have made.
My individual goal, as well as
that of the entire staff at Bancroft & Associates, is to provide the maximum
marketing effort that will return you the maximum amount of money on the rental
of your property. Like any other asset (stocks, CD’s, securities), your real
estate will require special management to maximize the benefits to you. To
determine your suitability to ownership of rental real estate, we need to
evaluate YOUR 3 “T’s” – Time, Training & Temperament!
- Time:
What impact will this asset have on your time? Can you afford the
spontaneous reaction to problems posed by rental property ownership?
- Training:
Do you have, or are you willing to acquire the expertise in areas like
Statutes, Rules, Legislation and Contracts to allow you to protect yourself
from catastrophic errors while managing your asset?
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Temperament: Can you tolerate vacancy,
emergency service calls, poor treatment of the property by a tenant, late
rents and the possibility of evictions?
If the answer to any of the
above is “NO”, you should consider another type of investment or consider
professional management.
What’s involved? There are
three principle areas that we focus on: Analysis, Leasing, and Management. Here
are some key points that are under each:
Analysis:
- Consult with Staff Planner
- Annual Rent Review
- Property Analysis
Leasing:
- Internet Exposure
- Thorough Resident
Evaluation
- Discount Ad
- Rates MLS & National
Networks
- Team of Managers
Management:
- 24hr Emergency Service
- Rent Collection
- Monthly Reporting
- Quality Maintenance
Professional Property
Management shouldn’t cost….it should pay! Tell us the type of property that you
are interested in us evaluating for management.
Click here for a free, no obligation property evaluation!
If you would like further
information please send e-mail to:
pm@ebancroft.biz
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