Realty411 Magazine Featuring Patty Arvielo - New American Funding | Page 69

Better Tenants, Better Price, Better Life! Interview By Tim Houghten R entVest is out to upset the traditional property manage- ment mindset. The results show. They are doing very well at accomplishing that mission. In an exclusive phone interview with RentVest, co-founder Spencer Caldwell filled us in on the property management firm’s great growth and unique approach to serving rental property investors. As of Q4 2016, RentVest had expanded from Phoenix to Tuscan, Las Vegas, and Texas. The compa- ny soon expects to be nationwide. We’ve all got big goals, but this firm seems to be achieving great traction with new pricing structures, personalized service, and by inte- grating new technology. Realty411Guide.com > $80 a Month Flat Fee Property Management < The biggest and most obvious draw to using RentVest for rental property investors is the firm’s pricing. Caldwell says there are many advantages to this industry disrupting flat fee structure. Not only is $80 a month are very attractive rate by most standards, it covers all properties in all price ranges. Caldwell asks: “Why pay more for your more expensive properties? It doesn’t cost a manager any more to handle a $5,500 per month rental than a $500 rental.” Of course, most services do charge thousands more. And yes, this is full service property management, including placing tenants, rent collection, making sure units are rent-ready, accounting, etc. > What’s Different < In our interview, the company spokesman explained that they are able to offer this deal, without sacrificing service thanks to a variety of efforts which streamline the management process and make it more efficient. This is investor-centric management, operated by executives who have been real estate investors themselves. Caldwell and his firm Continued on Next Page PAGE 69 • 2017 reWEALTHmag.com