Rental properties in Budapest are in high demand and an increasing number of people are looking at property as a lucrative investment avenue. However, when you acquire property with a view of renting it out, a great deal of management is required. Often, you fail to leverage the property’s maximum profit potential simply because you lack the time, expertise or experience to handle these needs in the appropriate way. Leave your rental property management to the PREMIER Real Estate and world class service is guaranteed.
Here are few great reasons why you should choose us:
1. Our experience in the real estate industry spans over 10 years. Over this long journey we have acquired all the skills and knowledge required to successfully manage rental property of any kind, any size, in any location.
2.We have a team of skilled professionals who have innate knowledge of the local conditions which they bring to the table when you need advice about finding a tenant, locating a prime rental property or managing it effectively.
3.Our vast experience with managing rental properties allows us to give you practical, objective advice and service regarding tenant searching, periodic inspections, services offered in your rental properties, tax deduction and much more.
4.We also help you manage your property in such a way that you maximize profits and yet keep risks at the lowest level possible.
5.Our staff members are trained on a continuous basis so that they are aware of the latest happenings and changes in the property marketplace. Whether it is market trends or regulatory changes, our staff is kept aware of them so that they can give you updated and highly relevant information at any point of time.
6.With our referral system, we have access to tenants, landlords, buyers and sellers at all times and thus reduce the time taken to connect you with suitable parties. This ensures that the investment potential of your rental property is never under-utilized.
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In our 10+ years of experience in real estate market, we’ve seen a large number of property investors struggle to choose between self-management and hiring a dedicated property manager. Consequently, one of the questions we get asked the most by our investment clients is – should I hire a property manager?
Property management typically requires more time and effort than what is anticipated by most investors. This doesn’t mean you can’t manage it on your own. If you are familiar with, or have the time to familiarise yourself with, all the rights and duties of a landlord you can consider self management. However, keep in mind that laws change frequently and unless you revise your knowledge regularly, you’ll be at a continuous risk.
Consider hiring a property manager of good repute, if you can’t afford to take unnecessary risks with self-management. Some of the many benefits that dedicated property managers provide include rental fee collection via bank transfer, ongoing maintenance and occasional repairs if needed, insurance administration, tracking payments of condominium charges and utility fees, cash flow report, monthly income bank transfer to our owners’ accounts.
CHOOSE US to make your investment stress free and enjoy the peace of mind that comes from knowing you’ve hired the best!
If you own an investment property that you’re looking to rent out to tenants, the services of a property management company can come in handy. This is because managing rental property is almost like working full time or running a business. There are multiple tasks to be handled and legalities to fulfil. Here are some reasons why most investment properties tend to be professionally managed by property management companies.
As a landlord, you must ensure that your tenants meet their tenancy obligations without hassles. A trustworthy tenant will take good care of your property and pay rent on time. Finding good, trustworthy tenants can be a time-intensive and exhaustive job if you are going it alone. An experienced property manager from PREMIER Real Estate can take over the job of finding tenants, arranging viewing of your property, checking applications and conducting background checks of prospective tenants.
Our property managers ensure that the appropriate lease documentation detailing all responsibilities of the owner and tenant are in place. They also brief you about your legal responsibilities towards your investment property, such as timely repairs of items that may cause personal injury. When a tenant wants to terminate his/her contract, our property managers ensure that it is done properly so that new tenants can be sought quickly.
There is a tendency among first-time investors to overestimate rental rates, which can discourage prospective tenants. Our property managers conduct a market appraisal and provide an accurate assessment of the rent for your property so it can be marketed effectively.
Prospective tenants will want to visit your property before they proceed with the lease. You have no choice but to make yourself available on weekends, on evenings or whenever they express their interest to view your property. Not having the time for it can translate into lost tenants. Our property managers can take on the task for you to speed up the process of finding good tenants. They also handle the marketing side of things, responding to tenant queries online and exploring ways to reach out to them.
It is not uncommon for issues to arise between landlords and tenants during the tenancy period. Disputes can result in late or unpaid rent. Our property managers serve as intermediaries to settle such situations and ensure that rent payment and property maintenance is not affected in any way
