There are many ways that partnering with Unicron Property Management (UPM) is a benefit to landlords; residential as well as commercial.
UPM lets property owners get a good night’s sleep without the hassle of having to go fix a backed-up toilet at two in the morning, mow the lawn or shovel the driveway after a snowstorm.
Ten advantages in partnering with UPM that property owners should consider:
#1 Saving you money with our contractor relationships.
We have our own team of contractors, carpenters, HVAC technicians and skilled workers. We’ll also look for the best prices and highly trained technicians through our contractor relationships whenever needed. Outside services, combined with an in-house maintenance staff along with our efficient supervisors to monitor routine inspections and issues before they turn into major problems saves you money!! This all means happier residents and fewer high-priced emergency repair bills.
#2 Increasing revenue with quality residents.
Screening residents preserves the revenue stream. Our experienced managers know how to spot red flags on applications and identify those applicants most likely to pay on time and take good care of the property. Advanced technology and screening tools allows UPM to evaluate applicants thoroughly and quickly.
#3 Avoiding legal problems, financial pitfalls and potential scams.
TransUnion (the third-largest credit bureau in the United States) reported that it costs landlords about $1,917 per incident to evict a resident. UPM understands landlord-resident laws governing resident rights, eviction processes and safety. A few other potential legal issues that UPM may help avoid include:
- Leasing disclosures
- Rent collection and late fees
- Notification and access for inspection
- Licenses and permits
#4 Boosting occupancy numbers.
We understand the importance of short vacancy periods. UPM offers owners access to proven strategies and rate comparison tools to capture the highest return on investment based on community standards. And quickly fill your vacancies.
#5 Stabilizing higher retention rates.
Keeping residents happy is perhaps the best way to improve occupancy rates. UPM looks for ways to enhance the customer experience. That means renters have 24/7 access to our Staff which makes paying rent efficient and convenient. This also allows them to easily contact UPM when issues do arise. Maintaining a safe, attractive community and building relationships are also ways UPM increases satisfaction to reduce frequent tenant turnover.
#6 Simplifying accounting and oversight.
While most property managers don’t help owners prepare tax returns —that’s a job left for CPAs and tax professionals — UPM does provide owners’ statements and reports to keep owners informed about the income, expenses and maintenance requests for their properties.
#7 Defining the rent capture process.
Efficient rent collection processes ensure financial success for property owners. UPM assumes responsibility for establishing and enforcing strict rent payment guidelines. That means property owners don’t have to spend time and money chasing down the rent every month.
#8 Enjoying the benefits of property ownership without giving up personal freedom.
Many people invest in real estate as a means of funding an active retirement. With the UPM team watching the fort, owners can travel extensively, spend more time with family or explore other hobbies and interests — without worrying about their property.
#9 Increasing property value.
Annual preventative maintenance inspections, repair or replace policies for appliances and initiating property upgrades to stay competitive protect assets and increase value. UPM stays in constant communication with owners about steps they can take to manage property value in the market place.
#10 Reducing stress.
The advantages of partnering with UPM listed above all serve to reduce the stress of property ownership. It’s not easy to put a price tag on living a life free from the hassles of being a landlord, but many people would agree that less stress is perhaps the most valuable benefit.