Collecting Rent For Your Investment
We make sure you get paid on time, every time
For rental property, the rent collection is the main issue that the owner usually sees offended. Rent collection sounds easy and comes in one time and then goes on, but sometimes, even well-screened tenants can hit a difficult patch.
For this issue, our Hero Property Management has designed a well-organized rent collection system.
The Process
The bottom line is we are aggressive rent collectors! We have as much skin in the game as you do to collect at all times, no exception's.
Payment Process
No need to worry, by paying through our online portal we can guarantee that it is safe and secure. Once rent is paid it will be sent to ACH, there it will verify the amount. Then the payment will be sent directly to the owners trusted account.
Offer Tenants
We offer tenants with incentives on paying rent at the time. By doing this we can get more consistency with rent.
Automated Collection
In some cases, tenants will not pay on time or possibly not at all. We have an automated collection that will go through their accounts to take the money needed for rent. But no need to stress the issue will quickly be resolved with renters if this does end up happening. Again communication is our number one priority for our clients and customers.
Ease Of Technology
Nowadays we live in a world where everything is at the touch of a button. We use the best software to help with this headache, it defiantly makes life a lot easier to track and create reports at any given time.
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What We Do
as your Salt Lake City Property Manager
MARKETING
Marketing is a skill, and it’s one you may not have as a landlord. However, it’s a necessary part of residential property management in Salt Lake City. You must let prospective tenants know about the property you have for rent.
Additionally, you must choose the right marketing format to maximize your advertising dollars and get the largest return on your investment.
TENANT SCREENING
A bad tenant will cost you more than you might think. It’s critical to screen prospective tenants carefully. At Hero Property Management, we pull tenants’ credit scores, do a criminal background check and talk to their previous landlords to see if they were good tenants and paid their rent on time.
As you can imagine, this is a laborious and time-consuming process for a landlord, but it’s just part of the job at our rental property management company.
RENT COLLECTION
Especially if you have multiple properties, rent collection can be a chore. Electronic transfers can be helpful, but if your tenants are late paying their rent, then tracking them down and trying to collect the rent plus a late fee is a job you don’t want to have to do.
MAINTENANCE
Maintenance is a big part of property management in Salt Lake City, and that includes keeping your building clean, removing snow and ice promptly and making necessary updates and repairs when needed. We contract with repair and maintenance professionals, monitoring the work they do and taking care of payment.
ACCOUNTING
When it comes time to do your taxes, the job is much easier if you have a thorough accounting of your rental income and expenses versus a box of paper receipts. When you work with our executive property management company, you get a thorough accounting of your rental business.
EVICTION PROTECTION
Eviction is a difficult, lengthy and expensive process that can involve court appearances. Handing over this chore to a rental property management company means fewer headaches for you and no wasted hours dealing with legal issues.
PRICING
How much rent should you charge? What about fees and security deposits? You could do your own research or you could guess, but a better way to set prices for your units is to depend on the experience of our rental property management company. We manage rental properties all over Salt Lake City, so we know the going rates and how much tenants are willing to pay.