InTime can add significant value to your investment, which is why many seasoned real estate investors will tell you that a good management company is worth their weight in gold. We have a unique approach of leveraging technology which benefits Owners and Residents by increasing efficiencies and making the owner-resident relationship a tension-less process.
Whether you have one or one thousand rentals, InTime can help you reduce costs, and allow you to focus on growing your business rather than managing your properties. Through analytics we can also, help you to maintain better properties, thus increasing their value and prepare for uncertainties.
Professional image
- High quality applicants assess the property owner as much as owners assess the applicant.
- InTime helps to provide the level of professionalism and quality residents want. This includes online management of the lease agreement, automated rent payments, and access to everything online
Target higher quality residents
A full screening process results in reliable residents that:
- Pay on time
- Rent longer
- Put less wear and tear on the unit
- Generally cause less problems
Shorter vacancy cycles
- Improve and prepare the property for rent
- Determine the best rent rate - Too high and you are stuck waiting, to low and you’re losing money every month the resident is in the unit.
- Effectively market your property
Better resident retention
While its easy to see the effects of lost rent, there are other equally serious problems with high resident turnover rates. The turnover process involves a thorough cleaning, changing the locks, painting the walls and possibly new carpet or small repairs, not to mention all the effort associated with marketing, showing , screening and settling in a new resident. This is a time-consuming and expensive process that can often be averted by keeping residents happy and well cared for.
Tighter rent collection process
The way you handle rent collection and late payments can be the difference between success and failure as a owner. Collecting rent on time every month is the only way to maintain consistent cash-flow. Your residents need to understand this is not negotiable. By hiring a property manager you put a buffer between yourself and the resident. The property manager can be the bad guy who has to listen to excuses chase down rent and when necessary, evict the person living in your property.
Lower maintenance and repair costs
Good maintenance and repairs keep residents happy and preserve the value of your investment which make them a very important part of land-lording. By hiring InTime you gain access to both our in-house maintenance staff, as well as our network of licensed, bonded and insured contractors who have already been vetted for good pricing and quality work. This can translate into significant savings compared to hiring a handyman yourself. Not only is InTime able to get volume discounts on the work, we also know the contractors and understand maintenance issues and are capable of intelligently supervising the work.
Increase the value of your investment
Preventative maintenance is achieved through putting systems in place that catches and deals with maintenance and repair issues early on, before they grow into larger more costly problems. InTime can also offer you suggestions and feedback on upgrades and modifications, both how they will affect the rent you can charge, as well as their impact on maintenance and insurance.
Personal benefits for owners
- Less stress
- More freedom
- Free up more of your time