Realty411 Magazine Featuring Patty Arvielo - New American Funding | Page 70

RentVest, Better Tenants, pg. 69
Gentry Real Estate are well known for buying and as-
sisting other investors with acquiring foreclosure prop-
erties at trustee auctions. This perspective enables
them to take the pain out of owning and managing
rentals by understanding investor concerns, in tandem
with the intuition needed for successful management
that only comes with years of experience.
One of the firm’s mottos is “Better tenants, better
price, better life.” Caldwell explains that this begins
with thorough renter screening. He says “there are
plenty of tenants out there. It just makes sense to
select the best quality tenants to ensure great perfor-
mance.” That means background checks to screen
out those with past felonies, past evictions, low credit
scores.
RentVest has also optimized communications and
relationships on both sides by increasing connection
and responsiveness with dedicated management reps.
Dedicated managers are assigned to a certain number
of properties and have a direct connection with both
the tenant and owner. You get to know them by name,
and can reach your direct contact by email and phone.
> GEEKING OUT THE PROPERTY
MANAGEMENT INDUSTRY <
Obviously, managing such a vast portfolio and
providing great service at these low rates couldn’t be
done without some great technology. Spencer explains
this is empowered at a high level at RentVest thanks
to having an in-house tech team and full time program-
mer to custom code solutions.
This includes providing owners and renters a live
online dashboard, which is updated in real time. Own-
ers are able to watch as the rent comes in, mainte-
nance requests are received, and how fast they are
dealt with. Tenants can pay their rent, see that their
concerns are being addressed, and know when main-
tenance contractors are scheduled to come out. Addi-
tionally, the firm creates videos of properties on move-
in and out, which both serves landlords and squashes
any disagreements over tenant deposit refunds.
> WHEN TO CALL <
One of the biggest challenges for rental property
investors today is that they reach out for property
management help too late in the game. Caldwell says
they will receive calls from rental property owners with
vacant properties, and perhaps are just finding out that
their salesperson overestimated the potential rent by
$400 a month, or may have forgotten to highlight the
$500 a month in HOA dues which completely erodes
cash flow.
RentVest Property Management welcomes investors
Realty411Guide.com

to call or email with their scenarios even before they
purchase new properties. They’ll help evaluate your
deal, and can provide a third party set of eyes to advise
on how quickly a property can expect to be rented, what
realistic rents are, and what features may be pluses or
minuses when it comes to marketing for renters.
Find out more online today at www.RentVest.co
The Best Places to Invest in Florida, pg. 53
TAMPA MARKET STATISTICS
• Median Sales Price: $102,500
• Median Rent Per Month: $1,075
• Median Household Income: $43,514
• Population: 352,957
• 1-Year Job Growth Rate: 3.6%
• 1-Year Appreciation Rate: 14.2%
• 3-Year Appreciation Rate: 29.8%
• Unemployment Rate: 4.6%
Tampa is one of the best places to invest in real estate
in 2017 because it has all three:
Job Growth: In 2015, the Metro Tampa area added
44,300 private, new jobs to the community, giving it
the fastest growth in the state and one of the fastest in
the country.
Population Growth: Tampa has a population of 4
million, a local economy worth over $130 billion, and
the it’s ranked in the top 20 fastest-growing metros in
the United States.
Affordability: An area with mostly high-priced
homes, Tampa still has pockets where investors
can find homes at affordable prices, even as low as
$90,000 and turn around to rent them for $950 a
month to $1250 a month.
Want to learn more? Visit RealWealthNetwork.com
for free education, mentoring and a strong, trust-
worthy network to help you learn more about your
options and maximize your returns. We can help you
find the best markets for investing, and introduce you
to experienced property managers, turn-key income
property providers, syndicators and highly reputable
real estate agents nationwide.
PAGE 70 • 2017

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