If you’ve owned income property for any length of time you know that managing a rental can be financially rewarding. At the same time, you’ve also likely discovered that property management requires a large commitment of time and effort. While it may make sense to take the do-it-yourself approach if you’re a handy person, live close to your property, and don’t mind devoting several hours per month to the task, in many cases this just isn’t practical. With this in mind, here are some critical tasks we can help you with.
Setting rental rates: We will do more than look through the classifieds to see what other landlords are charging for a similar property. Our knowledge of Ketchikan’s rental market enables us to suggest a rental price for your unit that will maximize your monthly income yet maintain a low vacancy rate.
Collecting and depositing monthly rent payments: As a property owner you know that securing payment from clients can be difficult at times, not to mention awkward. We have an extremely efficient system to effectively collect rent in a timely manner, which is crucial to maintaining your cash flow.
Marketing and advertising your property: Big Dawg Realty has years of experience and will know how to market your property by crafting compelling advertising materials. This is a significant advantage when it comes time to fill your properties quickly and avoid long vacancies.
Finding the right tenants: Big Dawg Realty is an expert at finding good tenants and will take care of all the details. This includes running credit reports, securing criminal background checks, verifying employment, and collecting previous landlord references.
Managing tenants: In addition to finding quality tenants, Big Dawg Realty will manage all aspects of the landlord tenant relationship. We will handle both routine and emergency maintenance, take care of routine inspections, and handle any situations where conflict resolution is required.
Maintaining your investment: Big Dawg Realty carries a General Contractor License and has a team of maintenance professionals to ensure the investment in your property is maintained at a preferred level. We also have excellent relationships with tradesmen, contractors, suppliers, and vendors which allows us to get you the best quality at the lowest cost.
Ensuring that you’re in compliance with housing regulations and property laws: We have a strong knowledge of the Alaska Landlord Tenant Act, supplemented by legal counsel should it be warranted, maintaining your compliance with ALL regulations.
Maximizing the profitability of your time: By having Big Dawg Realty take care of the day-to-day aspects of handling your income property, you’re free to spend your time as you wish.