The Merced rental market is attractive to investors from all over the world. If you’re thinking about buying a rental property in Merced or you already own investments here, having a local property management company is essential. Good property managers can protect your asset and keep it occupied with high quality tenants who pay rent on time and take good care of the home.
It’s nearly impossible to show a property, screen tenants, respond to maintenance needs, and keep up with California rental laws when you’re living elsewhere. Today, we’re talking about how a team like ours can make investing remotely stress-free and profitable.
Marketing and Leasing for Long Distance Landlords
With all the technology that’s currently available, it may seem possible for out-of-state landlords to lease their properties on their own. Marketing can be done online, showings can be set up with digital locks, and applications can be submitted electronically. However, the geographical issues do get in the way. If you travel to Merced to show your vacant property, you’ll feel like you wasted a lot of time when prospective tenants don’t show up or a renter who you thought was a sure thing pulls out before paying the security deposit and signing the lease.
A local Merced property management company can get your property rented faster and to better tenants. We’re here to manage the showing process, we know which online advertising sites get the most traffic, and we can easily follow up with and respond to prospective residents who have questions. This saves you money because you have a lower vacancy rate, a more efficient application process, and rigorous, fair housing-compliant screening that delivers a well-qualified and serious tenant.
Responding to Rental Property Maintenance Remotely
All rental property owners need a reliable list of preferred vendors who can respond right away to emergencies and also take care of routine repairs and preventative maintenance. Even with the best vendors in your contact list, taking care of maintenance issues remotely will be a challenge. If you’re out of the country, there will be a time difference. Tenants may call for help in the middle of the night, and there’s not a lot you can do for them from a thousand miles away.
Local property managers work with exceptional vendors and contractors who do good work for affordable prices. Our relationships ensure that your property is a priority and that repairs are complete, professional, and guaranteed. This protects the condition of your investment. It also contributes to your tenant retention rates.
Communication and Accountability with Merced Property Management
As an out-of-state investor, you’ll need a Merced property management team that’s responsive and available to you and your residents. Look for a company with a live phone operator after hours. We answer calls 24 hours a day and seven days a week. This is important because emergencies rarely happen during business hours, and we know it’s important to be accessible when you need us.
Customer service is a huge part of the property management we provide. We want to lease, manage, and maintain your home expertly and efficiently. We want to do all this while serving you and your residents.
We work with non-local investors all the time. If you have any questions about the Merced rental market or you’d like to hear more about how we can protect your investment property and help you earn more rental income, contact our team. River Drive Properties provides effective and professional property management services in Merced and the surrounding areas including Fresno, Modesto, and Turlock. We have extensive experience with both single-family homes and multifamily properties.