Today we are talking about something we have done very successfully over the last six months with four of the properties we manage in Santa Barbara: we increased their values by 40 percent.
We did this is through our aggressive management techniques. These statistics are based on equal cap rates, it’s not a function of the market but it is done directly through our process.
Property Improvements
Our results are earned by using a comprehensive method. Our process to raise your property value starts with a thorough analysis of your property. Then, we recommend certain leasehold improvements that are minimal to you but can be a great return. Often, many owners spend money in the wrong places when they are improving their property, and don’t get the right return. We can do this quickly and cost effectively. We have a book of contractors who can do very good work for affordable rates.
Strategic Marketing
We also have some techniques with demographics and screening. We want to make sure you are marketing your property to the right demographic for the area. Sometimes certain properties play well to one group over another. We make sure to get you the maximum amount of rent for your home based on our targeted marketing approach.
It’s not rocket science, but it has to be done right with qualified people. If you would like to learn more details about this and learn how you can take advantage of our resources, please contact us at Santa Barbara Property Management Santa Barbara. We look forward to hearing from you.
