There are many excellent reasons to work with Barker Realty when you need professional management for your rental property in Raleigh. Today, we’re focusing on the three top reasons to consider hiring us to take care of anything your investment property needs.
Property Management Raleigh: Experience
Barker Realty is an experienced property management company. We have successfully managed and maintained rental properties in Raleigh and the Triangle since 1984. Our property managers are all licensed North Carolina Realtors with skill, experience, expertise, and persistence.
Property Management Raleigh: Excellence
All of our property managers and team members work hard to maintain high standards. We insist on excellence while we promote, position, and protect your property. For example, we use metrics to track the efficiency of our advertising and our lead management system. We can provide reports specific to your property’s activities at any time, and it can be as detailed as you need. We are also rigorous with our screening process. All of our tenant screening starts with extensive background checks, and we strive to place only the most well qualified residents in your home. During the course of the tenancy and between lease periods, we advise you about the necessary repairs that are needed at your home, and we maintain your property well to attract the best tenants and the highest rents.
Raleigh Property Management: Owner-Focused
As your Raleigh property manager, our responsibility is always to you – the owner. We work to minimize your expenses and maximize the value of your investment. We use a strong, enforceable lease which is comprehensive and includes a number of house rules we have developed over our 33 years of property management experience.
Please consider us for all your Raleigh property management needs. We would appreciate the opportunity to add value to your property with all of our expertise and local market knowledge. Contact us at Barker Realty; we look forward to hearing from you.
Some real estate investors, particularly new ones, see hiring property managers or a property management company as an unnecessary expense. But, they can actually be a huge benefit to your income.
Here are four important reasons to hire a property management company to oversee your rental property:
1. Set the Best Rent for Your Property
You could spend hours, days, or even weeks scrolling rental listings to try and find comparable properties and the rent they’re getting. But a local real estate management company will have a good handle on the local market and be able to tell you how much to charge to ensure that you not only get quality tenants and low turnover but also get the most income out of your property. Plus, property management companies have access to professional sources such as MLS (multiple listing service).
2. Market, Advertise and Show Your Property
Managing your property alone you can spend hours every week crafting ads, fielding phone calls, text messages and emails about the property, and showing the home to prospective tenants. Unless the rental property is your full-time job, this takes time away from your family, work, and downtime. Property managers do this every day. They have the experience and knowledge to quickly create ads, and it is their full-time job to answer prospective tenant questions and show the home. This frees up your time, and also provides more flexibility to the prospective tenant, as they don’t have to work around your schedule.
3. Manage Vendor Relationships
Plumbers, electricians, appliance repair technicians – at some point, they’re all going to need to come to your rental property to repair or replace something, whether it’s through tenant damage or simple wear and tear. As a real estate investor, you’ll always get the same rate that any other private party would get. A property manager, however, may get a discount because they manage so many properties and can give an extensive amount of work to the vendor. You’ll save money and get high-quality repairs through vetted vendors.
4. Ensure Compliance with Housing Regulations and Property Laws
As a real estate investor, you likely did your research before you started. But the regulations and laws can be exhausting, confusing, constantly changing and hard to read. A property management company will be thoroughly familiar with all the regulations and laws, and they will ensure that you comply with them all.
Give Barker Realty a call today to see how we can help!
Many homes sustain extensive damage during the harsh winter months. Your Raleigh rental property, however, doesn’t have to be one of them. Prepare for the worst and avoid costly repairs with the following winter real estate maintenance tips.
Clean out the gutters
Leaves and debris can block water and allow it to pool. Then, when the cold hits, it freezes, causing your gutters to warp and crack. Therefore, be sure to clean your gutters one last time before winter comes. You may also want to disconnect and drain your garden hoses after doing so
Take time to insulate
An important aspect of winter property maintenance is insulating and sealing your home so that heat can’t escape. Be sure to caulk any holes in your walls; apply weather stripping to your doors and windows; and seal any seams. Make sure that you fully insulate your attic or basement as well.
Inspect and fix the roof
A key component of your real estate maintenance schedule should be roof inspection and repairs. You don’t want to discover a leaky roof in the middle of a heavy storm! It may also be a good idea to remove nearby tree branches that could fall and weigh down the roof’s surface.
Wrap up your pipes
A broken or burst pipe can cause extensive property damage. Insulation sleeves are a simple, affordable option that can help you avoid a disaster and overall headache. If you are a Raleigh property manager, advise your tenants to leave the faucets dripping overnight when temperatures sink below freezing.
Need Raleigh property management help? Call Barker Realty
These winter property maintenance tips can help you stay warm and cozy when storms come. If you need any help or assistance, Barker Realty and our sister company, Barker Property Maintenance, are just a call away. Our professionally certified plumbers, electricians and general contractors are always available to assist your residential, commercial, or rental property needs.
Some real estate investors, particularly new ones, see hiring property managers or a property management company as an unnecessary expense. But, they can actually be a huge benefit to your income.
Here are four important reasons to hire a property management company to oversee your rental property:
1. Set the Best Rent for Your Property
You could spend hours, days, or even weeks scrolling the classifieds to try to find comparable properties and the rent they’re getting. But a local real estate management company will have a good handle on the local market and be able to tell you how much to charge to ensure that you not only get quality tenants and low turnover but also get the most income out of your property. Plus, property management companies have access to professional sources such as MLS (multiple listing service).
2. Market, Advertise and Show Your Property
Real estate investors, managing your property alone, can spend hours every week crafting ads, fielding phone calls, text messages and emails about the property, and showing the home to prospective tenants. Unless the rental property is your full-time job, this takes time away from your family, work, and downtime. Property managers do this every day. They have the experience and knowledge to quickly create ads, and it is their full-time job to answer prospective tenant questions and show the home. This frees up your time, and also provides more flexibility to the prospective tenant, as they don’t have to work around your schedule.
3. Manage Vendor Relationships
Plumbers, electricians, appliance repair technicians – at some point, they’re all going to need to come to your rental property to repair or replace something, whether it’s through tenant damage or simple wear and tear. As a real estate investor, you’ll always get the same rate that any other private party would get. A property manager, however, may get a discount because they manage so many properties and can give an extensive amount of work to the vendor. You’ll save money and get high-quality repairs through vetted vendors.
4. Ensure Compliance with Housing Regulations and Property Laws
As a real estate investor, you likely did your research before you started. But the regulations and laws can be exhausting, confusing, constantly changing and hard to read. A property management company will be thoroughly familiar with all the regulations and laws, and they will ensure that you comply with them all.
Give Barker Realty a call today to see how we can help!
Barker Realty proudly serves the Wake County area, including Raleigh, Cary, Apex, Wake Forest, Fuquay Varina, Clayton, Knightdale, Garner, Holly Springs, Zebulon, and Wendell.
At Barker Realty, we have been managing rental properties in the Triangle area since 1984. In 1996, Barker Property Maintenance Company was formed as a sister company to Barker Realty. While this is a separate company that functions on its own, it offers a quick and affordable resource for our property managers and the owners with which they work. Today, we would like to share a few ways we handle maintenance issues for our property owners.
One way to avoid large expenses is through preventative maintenance measures. At Barker Realty, we offer periodic maintenance services, such as gutter cleaning, filter changes, and annual service contracts for your heating and air conditioning systems. We also offer annual under-house inspections as well.
Property Maintenance Accountability
Through our maintenance company, we are able to provide more accountability to our property owners. Whether one of our staff technicians or a vendor is working on your home, everything we do is warranted by Barker Property Maintenance Company. Our technicians offer feedback and recommendations when they’re servicing your property, because preserving the condition of your property is important to us. When we work with an outside vendor, we require that they be licensed and insured. This provides additional protection for you and your investment.
Raleigh Property Management: Our Availability
Our maintenance team is available and accessible 24/7 for after-hour emergencies. One of our technicians will speak directly with your tenant and if possible, walk them through the remediation of the problem. This may mitigate any damage to your property and save you money on potentially expensive after-hours repair work.
A sublease is an agreement that is made between the tenant and a third party. The original tenant will become the landlord to the person who is subleasing the home or apartment. Every local property manager needs to know if their tenants are subleasing.
There are many problems that a Raleigh property management company can have if someone is subleasing the apartment. For example, you can end up with an unapproved person living on your property. You may also have a tenant who decides to leave unannounced and not pay the rent.
Why a Tenant May Decide to Sublease
Many tenants decide to sublease if they are going to be away from their home for an extended period of time. Others have to move out of their home before the lease is up. Subleasing may be a good option because it allows the tenant to continue their obligations while they are away.
Risks of Subletting
Every local property manager needs to be aware of the fact that subleasing has its risks. Property managers spend a lot of time making sure that they properly screen people. However, if the original tenant is not living in the home, then you may not know who is living on your property. You may also have a big mess if the person who is subleasing decides to move out.
Benefits of Subletting
Property management services can sometimes benefit from subletting. It helps rent payments continue, and the property stays occupied. Property managers can also save time and money.
Should a Landlord Allow Subletting?
Most places allow subletting. It is a good idea to check the laws in your area to make sure that it is legal for you to do this. You should make sure that your lease has a subleasing clause.
If you are in need of property management services, then you can contact us.
