Dynasty Property Management & Sales Marketing Plan
Wide range of marketing tools
When you purchase rental real estate, the first thing you need to decide is what you’ll charge someone to occupy your property. How will you come to that decision? Most people read the ads and see what homes or apartments of a similar size are renting for, but that really isn’t going to tell you what you need.
Unless you’ve seen both the interior and exterior of the properties, you don’t know how their condition and location compare to yours. Of course condition and location play an important role in how much someone will pay.
Fair market rents are determined by several factors, will you furnish appliances, can they get cable TV, will your tenant pay a separate fee for utilities and garbage services.
The results of not knowing the going rate for comparable properties is that the owner simply has to guess and hope for the best. And oddly enough, we’ve found that most property owners charge a lower rent than necessary.
When we take over the management of a rental property, we generally perform a comp study of other like properties comparing amenities to arrive at market rent. We’ve found that tenants who pay a little more are usually more responsible and keep the property in better condition than tenants who pay less.
If you would like to explore how Dynasty Property Management & Sales can increase the cash flow of your rental property, we welcome your inquiries.
Areas We Serve
- Charlotte
- Huntersville
- Indian Trail
- Concord
- Gastonia
- Mathews
- Waxhaw
- Harrisburg
- Cornelius
- Davidson
- Fort Mill
