Property Management Royal Oak
Our Professional Property Management Team Is Focused On Offering Expert Royal Oak Property Management Services And Superior Customer Service.
Welcome to Royal Oak Property Management, where we specialize in providing top-notch property management services to property owners in Royal Oak and the surrounding areas. Our team of experienced professionals is dedicated to ensuring that your property is well-maintained, fully occupied, and generating maximum returns on your investment. We understand that managing a property can be a daunting task, which is why we offer a comprehensive range of services designed to take the stress out of property ownership. Whether you own a single-family home, a multi-unit apartment complex, or a commercial property, we have the expertise and resources to help you achieve your goals. Contact us today to learn more about how we can help you maximize your property’s potential and achieve long-term success.
Royal Oak Real Estate Investors Trust Our Property Management
"The Rondo staff is great especially with dealing with difficult tenants but eventually my tenant moved out. I would definitely use them again. They are very knowledgeable of the business." - Stephane A.
"Excellent customer care! They answered my emails/phone calls back in a timely manner and properties they showed me was well taken care of." - Susan L.
"This is my third (or fourth) time working with Rondo Investment. Honestly, giving this 5 stars because of the people. If you get denied, ask what you can do to be approved and they’ll shoot some quick tips your way. Came back a second time and baam!" - Justin B.
Property Management Services Offered In Royal Oak
Our Professional Property Management Services Cover Everything From Day To Day Management Of Your Property, To Marketing, To Repairs And Maintenance And Much More.
Property ManagementOur property management services include tenant placement, rent collection, maintenance coordination, and financial reporting. We are committed to ensuring that your investment property is well-maintained and profitable, while also providing excellent customer service to your tenants.
Tenant ScreeningOur thorough tenant screening process includes background checks, credit checks, employment verification, and rental history verification. This helps us to ensure that we find reliable and responsible tenants for your property, while minimizing the risk of late payments, property damage, and evictions.
Property MarketingOur comprehensive property marketing services include professional photography, online listings, and targeted advertising to attract a wide pool of potential tenants. We work to maximize your property’s visibility and appeal, and to quickly fill vacancies with qualified tenants.
Rent CollectionOur streamlined rent collection process includes online payment options, automated reminders, and prompt follow-up on late payments. This helps to ensure that your rental income is consistently and reliably collected, and that any issues are addressed promptly.
Repairs and MaintenanceOur experienced maintenance team is available to quickly address any repairs or maintenance issues that arise at your property. We work to ensure that your property is well-maintained and in good condition, while also minimizing any disruption to your tenants.
Eviction ServicesIn the unfortunate event that an eviction becomes necessary, we provide comprehensive eviction services, including legal guidance and support, court representation, and property re-possession. We strive to make the eviction process as smooth and efficient as possible, while protecting your rights as a property owner.
Why Property Owners Trust Rondo Investments For Property Management In Royal Oak
We are expert commercial and residential property managers who are committed to delivering customized, high-quality services to our clients. Our expertise encompasses all aspects of managing rental properties, from tenant screening and leasing to repair and maintenance requests. By selecting Rondo Investment’s Royal Oak property management services, you can trust that you are choosing a reliable property managemener for your rental real estate.
- Fast Responses
- Experienced Team
- Family Operated
- Quality Repair Work
- Experienced Advisors
- Responsible Tenants
- Emergency Assistance
- Cancel Anytime
- No Hidden Fees
Why Do Landlords Use Royal Oak Property Management?
Hiring a professional property manager is essential for property owners who want to maximize their investment while minimizing their stress and workload. A property manager can handle everything from tenant screening and rent collection to maintenance and repairs, freeing up the owner’s time and energy. Additionally, a Royal Oak property manager can provide expert advice on market trends, legal issues, and property improvements, as well as connect owners to valuable resources such as contractors and vendors. Ultimately, a property manager can help ensure maximum profitability for the owner by keeping the property well-maintained, attracting and retaining quality tenants, and optimizing rental rates.
Here are some additional highlights:
- Time Savings
- Reduced Stress
- Expert Advice
- Connection to Resources
- Maximum Profitability
The Benefits Of Rental Property In Royal Oak
Owning rental property in Royal Oak can be a lucrative investment opportunity. One of the main benefits of owning rental property in this area is the high demand for rental units. Royal Oak is a popular city for young professionals and families due to its proximity to Detroit and its vibrant downtown area. This means that there is a constant influx of potential tenants looking for housing options. Additionally, the city has a low vacancy rate, which means that landlords can expect to have their units occupied for a significant portion of the year. This can lead to a steady stream of rental income and a high return on investment. Another benefit of owning rental property in Royal Oak is the potential for property appreciation. The city has experienced steady growth in recent years, with property values increasing as a result. This means that landlords who invest in rental property now may see their property values increase over time, leading to a higher resale value in the future. Additionally, landlords can take advantage of tax benefits associated with owning rental property, such as deductions for property taxes, mortgage interest, and repairs and maintenance. Overall, owning rental property in Royal Oak can be a smart investment choice for those looking to generate passive income and build long-term wealth.
FAQs about Property Management in Royal Oak
Depending on the company, the property management fee may be a flat fee or a percentage of the rent. A flat fee is a set amount of money you pay each month, oftentimes per door. A percentage fee is a percentage of your total monthly rent. In Detroit, flat monthly fees generally range from $89-179 per door. Percentage fees range from 8-12%.
Depending on the scope of your real estate license, Property Managers must be licensed by the Department of Licensing and Regulatory Affairs. For more information about real estate licensning in Michigan, you can call 517-241-0199.
There are many factors to consider when deciding if a specific city is ideal for rental property investment. Some of the most important factors are population growth, rental rates, purchase price, crime rates and many other factors. Be sure to check all of these different factors before investing in any city.
There are good arguments for self managing and hiring a professional. As you acquire more units or want to provide a more professional experience, hiring a professional property management can be a great option to maximize your profitability, reduce stress and provide the best experience for your tenants.