Managing your own rental property can be rewarding, but it requires a massive amount of time that takes away from other priorities. This is hardly ideal if you hoped rental property investment would supply a long-term passive income! You may also encounter legal and taxation issues along the way if you go it alone, and navigating these challenges and changing laws can be expensive and daunting if you don’t have a professional team on your side.
If you require the services of a team that will handle your property rental management, IGrow Rentals has you covered. We expertly take care of routine tenant management and property maintenance tasks.
Let’s examine the pros and cons of using IGrow’s rental property management services versus DIY property management. After that, we will explore how these rental management services free your time to concentrate on property portfolio expansion.
Step-by-step explanation of IGrow’s rental management services
IGrow Rentals rigorously credit-vets your tenant, manages your property, and provides the necessary insurance for tenants who might default on rent.
The benefits of IGrow’s tenant management and maintenance services are:
- Seeking the right tenant for the right buyer: IGrow’s rental management team starts the process by finding and matching tenants to properties. Our expert team understands the nuances of your property investment and ensures that the tenants are appropriate.
- Ensuring rigorous tenant screening and background checks are done: Effective tenant management will lead to the long-term success of your property investment. The IGrow vetting team does intensive credit, background, and employment verification checks to ensure your tenants are financially stable and will not default on their rental commitments. We are proud of our excellent performance in selecting great tenants over many years and thousands of properties.
- Advertising your property on numerous property websites/portals: This advertising will target thousands of possible tenants, with professional photography, design, and promotion of advertisements, with no additional fees or time and effort required from you.
- Thorough tenant management: Once a tenant starts renting your property, IGrow manages everything from the lease agreement to rent collection. Monthly rental payments are monitored by the most advanced rental management systems available.
- Maintenance coordination: Consistent maintenance of your property is time-consuming for property owners. The IGrow property rental management team handles any repair work and general upkeep, using our network of reliable contractors that deliver quality and affordable services. We are also experienced in checking which maintenance is for the landlord’s account or insurance and which is legally billed to the tenant.
- Insurance: IGrow provides personalised tenant insurance for your rental income, adding extra protection when needed, so your bond and other expenses are covered if a tenant defaults on rent. We also offer an additional Rent Guaranteed product that owners can choose as an add-on for the properties the IGrow team manages.
“IGrow Rentals has experienced phenomenal growth over the years, and shows no signs of slowing down. The experienced team of rental management professionals are a step ahead of conventional estate agencies. This is due to the impressively high number of rentals we manage, as well as the vast geographical area these rentals are spread over.” Karen Grobler, CEO of IGrow Rentals
