Another week in the books... no wait, we are property managers, there is still Saturday and Sunday to go!
Be sure and check out my next article for new landlords about the concept of depreciation. Drop me a line at tim@rpmgreateratlanta.com if you would like to be added to the distribution list.
Single family housing as the new asset class?
A lot of press lately about single family housing becoming the new asset class for big investors. I think it can be done profitably for small investors also. Recently, one of our property owners picked up a 1,900 ft +/(-) property for $110,000. Property needed $5,000 of cosmetic repairs to get it ready to rent. It should rent for $1,300 per month. $15,600 gross rents per year on a $115,000 investment...Not bad.
Life of a property manager
The life of a property manager-Saturday morning, service call scheduled, technician on the phone and I can't find the tenant; Property showing at 11:00, prospect calls and is just leaving.....North Carolina. Alas, the day is only half over; more adventures for the afternoon.
Rhonda Johnson
rhonda@rpmredding.comRhonda moved to Redding from Central Oregon in 1994 to be closer to her family. She has 5 years motel experience as an assistant manager, guest services and night auditor. Rhonda joined Real Property Management in 2001. She currently works as maintenance supervisor conducting quarterly and semi-annual inspections, as well as general cleaning and repairs.
Debbie Perea, Agent
DRE# 01429710debbie@rpmredding.com
Here is some of our wonderful Staff
melinda@rpmredding.com
Melinda actively participates in the daily management and administrative duties involved in running Real Property Management, Inc. She also heads the property management operations for all of the multi family properties and single family homes. It is Melinda's responsibility to formulate strategies for each property in the portfolio, and to work with each client to accomplish their investment goals.
Her personal experience includes managing multi family apartments, single family homes, receiverships and subsidized housing. She is knowledgeable of federal HUD occupancy requirements and has a good understanding of California landlord tenant laws.
"As a professional Property Manager, it is my goal to provide the highest quality management services to our clients."
Melinda Brown, Broker
DRE# 01128127melinda@rpmredding.com
Melinda actively participates in the daily management and administrative duties involved in running Real Property Management, Inc. She also heads the property management operations for all of the multi family properties and single family homes. It is Melinda's responsibility to formulate strategies for each property in the portfolio, and to work with each client to accomplish their investment goals.
Her personal experience includes managing multi family apartments, single family homes, receiverships and subsidized housing. She is knowledgeable of federal HUD occupancy requirements and has a good understanding of California landlord tenant laws.
For more information please contact our office at (530) 244-2444, we look forward to hearing from you. You can also visit us directly at our location. Our address is 5520 Mountain View Dr Redding, CA. We also have our website where you can check out our listing and some of the properties that we manage as well. Our website address is http://www.rpmredding.com/.
Real Property Management provides a full list of services for the property owner that wants the benefits of ownership without the day-to-day management issues:
- Full Service Professional Property Management.
- Condominium and homeowners' association management experience.
- Complete screening of rental applications.
- Quick response to tenant calls.
- Trust Account management including taxes, insurance, and mortgage payments.
- Computerized accounting of monthly activity
- Monthly rent collection.
- Receive and disperse repair calls
- Payment of operating expenses.
- Monthly computerized income and expenses.
- Complete end-of-year statements.
- Fees are based on a percentage of the monies collected.
- Interior and exterior cleaning, maintenance and repair done by independent contractors.
- Licensed Real Estate Agents.
- 24-hour answering service
- Drive-by property inspection.
Enjoy the benefits of rental ownership and leave the worries behind...
Our speciality is caring for single family homes, apartments, condominiums and receivership located in the greater Redding Area.
We are a full service management company. We take care of everything from determining the maximum rental value to finding and screening the best residents. We handle the advertising, phone calls and show your property to prospective residents.
We take care of maintenance and have a long list of reliable and reasonably priced trades people. If a problem arises, we have a 24 hour emergency answering service.
Our knowledge and prompt attention add up to exceptional service in the management of your rental property.
If you own a residential rental property, give us a call today. Keep the benefits of ownership and leave the worries behind.
Our speciality is caring for single family homes, apartments, condominiums and receivership located in the greater Redding Area.
We are a full service management company. We take care of everything from determining the maximum rental value to finding and screening the best residents. We handle the advertising, phone calls and show your property to prospective residents.
We take care of maintenance and have a long list of reliable and reasonably priced trades people. If a problem arises, we have a 24 hour emergency answering service.
Our knowledge and prompt attention add up to exceptional service in the management of your rental property.
If you own a residential rental property, give us a call today. Keep the benefits of ownership and leave the worries behind.
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