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Owning a rental property is a great investment, but it does come with its challenges in management. From screening tenants, maintenance, and rent collection to legal compliance, responsibilities pile up fast. That is where full-service property management can make a lot of difference.
What is Full-Service Property Management?
Full-service property management encompasses a rental property owner's needs under one comprehensive solution. That means handling every single aspect of property management to create a trouble-free experience for the owners and a very positive one for the tenants. At Marquise Properties, we manage your property just as we would our own, with services designed to provide maximum results from your investment.
The Benefits of Full-Service Property Management
Save Time and Reduce Stress
Property management can be very time-consuming for a property owner, whether it be inquiries from prospective tenants to coordinating repairs-there is always something. Full-service property management frees up your time so you can focus on what's most important: be it growing your portfolio or family time, and we'll take care of everything else.
According to the National Association of Residential Property Managers (NARPM), property owners using professional management save 20+ hours per month on average.
Improve Tenant Retention
Quite simply, happy tenants renew leases, while dissatisfied tenants are more likely to terminate. With professional property management, tenants feel appreciated due to timely responses, well-kept properties, and solutions that reach their roots.
As highlighted in Buildium's Rental Property Management Report, professionally managed properties achieve an average tenant retention rate of 80%, compared to 65% for self-managed rentals.
Maximize Rental Income
With the right property manager, you’ll get expert advice on setting competitive rental rates based on local market research. Plus, consistent rent collection and minimized vacancies help maintain a steady income stream.
Insights from AppFolio's Property Management report indicate that property owners who work with professional managers earn up to 10% more in rental income annually.
Stay Legally Compliant
Rental laws can be complicated and differ from location to location. Full-service property management will keep you in compliance with local regulations to minimize potential legal issues that can be costly.
Based on data from the National Association of Residential Property Managers (NARPM), owners with professional property managers are 30% less likely to face legal disputes.
Proactive Maintenance to Protect Your Investment
Regular maintenance and timely repairs maintain your property's value. Our team collaborates with trusted vendors to get the job done quickly and economically, ensuring a strong long-term ROI.
Studies show that preventative maintenance can reduce the cost of emergency repairs by up to 40%.
Take the Next Step toward Stress-Free Property Ownership
Let us help you unlock the full potential of your investment and experience the difference full-service property management can make with your rental property. Contact us today at (240) 712-5671 / (855) 505-7368 or portal.marquiseproperties.com/consultation to learn more and to access the consultation document.
Visit our website at marquiseproperties.com. Need help? View our helpful video.
At Marquise Properties, we pride ourselves on delivering exceptional full-service property management to meet your particular needs. From tenant screening to property maintenance, our staff is committed to maximizing your investment returns while offering peace of mind. We also have two (2) property management plans that support property owners with every single aspect of property management as shown below:
Marquise Properties Group, LLC
Local: (240) 712-5671 | Toll Free: (855) 505-7368
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