A rental property owner in St. Paul is a valuable investment for your future. Due diligence allows the owner to run their properties so as to protect and improve the investment. To minimize risk, having sound judgment and paying attention to details while carrying out tasks are needed. This is what due diligence is all about. This can be applied in a lot of ways when it comes to rental properties.
Doing routine maintenance, repairs and tenant screening are some of the responsibilities you need to make in order to keep your property fit to live in. You also have the solemn duty to make sure your tenants are safe. At Real Property Management Fidelis, we make sure due diligence is present in every aspect of how we function. Nationwide, rental property owners trust their local RPM office with the investment of their properties. The reason for this is that their due diligence sets them apart.
Preparing a Property for Tenants
An essential task we prioritize is aiding rental property owners with getting their space ready for their tenants. Due diligence plays a more active role in this process because we take caution to ensure that your property not only meets the legal definition of “habitable” but also ensuring that you have the tools and security you need to keep liability to a minimum.
Accurate property assessments are a feature Real Property Management Fidelis offers. This will give you a proper analysis of your property’s current condition. To ensure that the rental is in a liveable state, we assess every feature of the property and determine if anything needs to be done so that tenants can live there safely. We are also able to guide you to get reputable landlord insurance as well as provide high-quality, detailed lease documents that mention the terms of your agreement with your tenant. Through this, we help you minimize risk as well as the potential for dispute or confusion in the future.
Tenant Screening
Another key feature that Real Property Management Fidelis presents is meticulous tenant screening. If your property is ready to rent, then what comes next is finding the right tenant. We are aware that this task goes beyond just finding a tenant- we will exhaust all efforts to look for someone who will take good care of your property. Our multi-step screening process ensures each interested individual’s background, financial stability, past landlords, and references are checked. During tenant screening, we properly execute due diligence to safeguard you and your investment property from difficult tenants.
Preventive Maintenance
We have a unique setup in terms of property maintenance and repair- this is what sets Real Property Management Fidelis apart. We do not only take extra caution to get your property ready for every tenant. We also schedule and perform the needed preventive maintenance for rental properties. Being proactive with property maintenance allows one to avoid unexpected and pricey repair bills. Rather, we will help you plan and budget property updates and renovations. We will also take care to preserve your appliances, HVAC, plumbing, and more. Approaching property maintenance with proper due diligence can help you save money on repairs and reduce tenant turnover.
When you entrust Real Property Management Fidelis with your rental properties, you are getting services that go above and beyond the industry standard. Our St. Paul team of property managers works with rental property owners like you to safeguard your important investment and support you as you seek to build your investment portfolio. Contact us today to learn more or give us a call at 844-365-RENT.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
