From Personal Real Estate Investor Magazine – Publisher’s Letter, November 2009
Investors Rejoice; Predictable Property Management Goes National & International
Each year, Americans buy more than 1.5 million homes for investment purposes.*
“Buy low and sell high” is the investors’ goal, but more often, it’s “buy reasonably and rent well for an extended
period of time to reap the bonuses of any future appreciation, current tax benefits, and inflation-indexed rental
income.”
“Buy, rent, and hold” is a great strategy. For some, this gets no further than theory or falls apart in practice.
This leaves the would-be investor with a disappointing outcome and a bad taste for investment property. These
people make the news headlines.
Now, with the increasing sophistication of property management providers, negative stories are more the
exception, not the rule.
PAST
The single biggest objection to buy, rent, and hold was the necessity for the do-it-yourself property owner to have
the time and develop the skills to personally manage rental property. This is more easily said than done.
Then there are those Americans who invest in homes and have the good fortune to find a property management
partner. In many markets, this is more luck than good management because the business of property management
is a cottage industry where personalities trump process and uniform standards are the exception versus the
norm — until now.
PRESENT & FUTURE
Real Property Management changes this. RPM is the only property management company providing investors
and franchise partners across the U.S. and Canada with a national, and now international, brand with consistent standards
based on property management services. The result is predictable property management services for any owner of a single rental property or owner of a geographically diversified residential property portfolio. RPM can help with an “inheritance house” in a remote city, solve the double mortgage dilemma by renting the slow-selling relocation house, or manage multiple properties that have been intentionally accumulated in good
markets following an investment diversification plan.
The advantage is consistent standards, predictable performance, and standardized rental data gathering and reporting to an owner, wherever they may be. Their vision was developed and delivered based on the experience and skill of two senior executives with big company skills and entrepreneurial drive and sensibilities.
Investors rejoice. Entrepreneurs take notice: This supplement examines RPM and why they can be your next
property manager or your next entrepreneurial business partner.
God Bless and Great Buy and Hold Investing with the benefit of a great property manager…..
- Andrew Waite
Publisher
Personal Real Estate Investor Magazine
*The Invaluable Investor Study conducted by Personal Real
Estate Investor Magazine and REALTrends with polling assistance from Harris Interactive.
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