So you’re probably wondering if you need a property manager. Not every rental property does. But it's a good idea to think about your choices if managing your home is giving you trouble or stress. The 2022 Property Owners' Report by Buildium sheds light on the requirements of landlords. Their analysis revealed that between 2019 and 2022, rental owners' demand for property managers' services increased by 8%. In other words, property owners like you are more dependent than ever on property managers.
Let's first talk about the specific duties of MF Cashflow Property Management as a property manager. We'll then get into some of the factors that can influence your decision to hire us!
What Does MF Cashflow Property Management Do?
MF Cashflow wears many hats. Our duties will ultimately depend on your specific needs, but we handle all the duties involved with managing an investment property, from day-to-day operations to finding new tenants.
When it comes to managing a property, you’ve probably noticed that everyday tasks can add up. MF Cashflow can shorten your to-do list by taking care of things like rent collection, managing the accounting and bookkeeping, scheduling landscaping, and addressing tenant complaints. In other words, they allow your property to become a truly passive source of income.
We are a Full service property management company. You as the owner are hands off. We have a 24/7 Maintenance hotline. Someone is always there to answer the tenants call.
Hopefully, your properties won't require any significant repairs. Inevitably, though, one of your tenants will need a plumber or electrician at some point. MF Cashflow will be the recipient of late-night phone calls for maintenance requests. Moreover, we can quickly handle all maintenance needs thanks to a fully vetted list of contractors at their disposal!
One of the more difficult aspects of being a property manager is finding tenants. Finding new tenants takes time, is frustrating, and is stressful. Researching comparable property rents, doing background and credit checks, obtaining references, preparing a new lease, and other tasks are all part of finding a tenant. And what if your selection of a tenant doesn't work out? The skills and knowledge required to make this process productive and efficient are possessed by MF Cashflow. Renting out your property to trustworthy tenants will happen rapidly, increasing the return on your investment. We take great pride in screen tenants for the long term so you're CashFlowing with no vacancies!
Overseeing Capital Improvements
Making occasional improvements to your property is one method to ensure that it stays profitable. You can increase rent pricing while still attracting tenants if you make these simple improvements to your rental property. Mf Cashflow supervises the selection of contractors and any required construction. Additionally, we'll be able to create and stick to a budget for your capital improvements. We use in-house contractors to refresh your home and get it rent ready.
Reasons You Need MF Cashflow As Your Property Manager
While you may be managing your property on your own just fine, there are many reasons why hiring MF Cashflow as your property manager may be the right decision for you. Every deal needs time, money, credit and knowledge. Leverage your money and credit with our time and knowledge. We stay current with local municipality laws so you do not have to.
You work more than one job
A nine-to-five job takes up enough of your time, allowing you to earn money on your property without overcrowding your schedule.
You’re a real estate investor
The learning curve can be very steep if you're new to the world of real estate investing. There is a lot to do, from learning the techniques of market research to creating a network of reliable maintenance workers. You can reduce the pressure that comes with learning a new trade by hiring MF Cashflow!
You’re Having a Hard Time Finding Renters
If you’re having a difficult time filling vacancies, we can help you out. MF Cashflow can handle the leasing process from start to finish. First, we’ll know the rental market that you’re dealing with. As a property manager, we know how and where to market to renters. Additionally, we also know how to price your rental properties so that renters feel like they’re getting a fair deal and you’re making a profit!
Your Properties Are Far Away
Many landlords move away from their investment properties, making the job of being a good landlord a bit more complicated. In this instance, hiring MF Cashflow, a professional property manager is the perfect solution. MF Cashflow will be able to keep tabs on your property, stay up to date on local market changes, and be your eyes and ears on the ground so you can sit back and relax.
As a property manager, we make sure that we offload your tasks as a landlord. With M Property Group and MF Cashflow Property Management managing your properties, you can now step back and relax! With over 65 years combined experience in specialized full-service property management and real estate services, we ensure that we treat your investment as our own. We manage and lease residential homes, condos, townhouses and multi-family buildings and portfolios that range from one unit to 100 units and more.
Call M Property Group LLC & MF Cashflow Property Management today at 708-719-0977. We are here to help maximize your profits and minimize your headaches.