Leasing Vacancies

 

While most management companies feel that leasing is important, we feel that it is the key factor in achieving a successful cash-flowing property. Simply stated, "no tenant-no rent" . As such, our approach to leasing goes far beyond simply finding a willing person or family to occupy a property. Our experience has shown that the quality of the tenant has a direct effect on turn-over rates, property condition and timeliness of tenant payments. That is, better quality tenants take better care of your property, pay on time and tend to remain at a property for longer periods. Your Project Team is charged with overseeing leasing activity, agents, etc., and will not accept anything short of well-qualified tenants, excellent rental rates and minimal vacancies. Leasing and sales are handled by our affiliate Realtors who are respected names and members of the Houston and Dallas/ Ft. Worth Association of Realtors Multiple-Listing Service. RLM has arranged the most advantageous leasing terms with Ideal Realty, Inc., such that all new leases will be accompanied by a "New Lease Warranty" that protects you for ninety (90) days. Ideal's leasing fee is equal to one month's rent other than San Antonio and includes all advertising, agent bonuses, etc. Ideal also has a strong sales program with discounted commissions for property owners.

 

RLM is an active subscriber to several computerized property databases. Through these listings of rental home and apartment data, staff members are able to access information pertaining to current rental rates, trends and other pertinent data. By having immediate access to such information, we are able to serve you and your property more efficiently. Rest assured, we will make you money!

 

Lease Renewals

 

As tenant retention is foremost, a constant watch is maintained for expiring leases. In order to retain as many tenants as possible, any tenant with an expiring lease is contacted at least sixty days prior to lease expiration. If necessary, a representative from Ideal Realty, Inc. is dispatched to meet with any tenant who is not certain of renewal. By reducing your vacancies we are able to increase your cash flow and net profits. By increasing your profits we earn your praise and recommendations to other investors.