Increase Profits While Cutting Costs:Here’s How
The key to keeping your property profitable is managing costs and proactively approaching maintenance in your rentals. If you are constantly reacting to problems and putting out fires than you are losing profit.Preventative, proactive approaches to property management is what allows an investment to prosper. The sad truth is most landlords don’t make any profit at all due to repairs. Thankfully there are key steps you can take to make these costs manageable and turn a profit, here’s how.
Cut Costs By Investing In Upgrades
If you want to protect the profitability of your property you want to fix those small issues that lead to big problems. Missing a few shingles on the roof? Fix it now before you need a new roof. It’s cheaper to make upgrades when they are needed instead of letting the problems spiral out of control due to neglect.
Set Back Money For Maintenance Every Month
Protect against those ‘surprise’ repair bills by setting back some of your profit every month. Don’t get stuck with figuring out how to quickly pay repair bills that, on average, cost or exceed several thousand dollars.
With a proactive plan you keep yourself from taking bad loans with big interest rates last minute from the bank which lead to massive lose in profits long term.
Protect yourself against large future repairs by saving for these issues today.
Understand The Difference In Cost Between DIY And Investing
Did you know, on average, property management companies can lower your maintenance bills? It’s true!
Simple, we solve problems quickly and easily and get bulk rate pricing from our vendors. We secure lower rates than you can and get secure service faster without any added expense!
What’s even better is that we get to the root of the problem, unlike a handyman who will only fix the problem on hand.When you work with us we hire licensed professionals who can complete projects and keep your rental up to code. When you fix a problem right the first time this saves you a lot of money. We don’t hire the cheapest person with a hammer. Our extensive experience has shown us that paying for a licensed professional is well worth it and keeps valuable dollars in our pocket over the long run.
Look, every property carries maintenance costs. Don’t waste time, energy, and effort trying to handle them out of pocket every time one pops up. Make the proactive choice, save yourself time, and lower maintenance costs all together by working with a property management company. To find out how we can help you lower costs call us at (208) 856-8000.
I was blown away with how accommodating Jim was with my situation. I had put him and his company in a bind with a late notice termination and Jim was incredibly understanding and worked with me through my tough situation.
Marcus C., Satisfied Client
Second to none. Jim is an honest guy who does a fantastic job. As a landlord in Boise, I’m really happy with my decision to work with Keyrenter Boise.
Alexander R., Satisfied Client
I have rental property in Boise, ID and I am very lucky and fortunate to have Jim Elfline manage my property. Jim knows how passionate I am about my property , he selects the best people who I know respect and take very good care.
Suguna S., Satisfied Client
I chose Keyrenter Boise Property Management after investigating many property management companies in Phoenix. Jim is experienced, honest, and dependable. I am fully satisfied with the job they do and the services they provide.
Scott L., Satisfied Tenant
PROVEN AND TRUSTED