PROPERTY MANAGEMENT SERVICE HIGHLIGHT:
NEXUS’ RENT4U® PROGRAM
The real estate market is in a funny place right now. Interest rates are up, rents may be plateauing, or at least are slowing in many areas of the country, and property values are predictably coming down a bit. While economists and talking heads debate about the rate of inflation and the prospects of a recession, there’s no doubt that more and more potential property owners are holding onto their assets. That means less sales…and more renting. The National Association of Realtors recently reported that the age of first time buyers increased to 36 years old, up 3 years from figures just one year ago. More and more young people who are starting a family are just unable to buy their own houses. If you own property in Southern New England and intend on taking advantage of this trend, Nexus Property Management® has the perfect service for you.
RENT4U®
Nexus Property Management® is a residential and commercial property management company that offers full leasing, maintenance, and management services 365/24/7. We’ve managed over 1000 units across the region with 100s of clients and were recognized as the largest residential property manager in Southern New England by the Providence Business News. While most of those clients hire Nexus for full management services, the number of property owners out there who are simply looking for someone to help find and place quality tenants is steadily on the rise. Nexus’ Rent4U® tenant placement program does just that.
HOW IT WORKS
Any property owner who prefers to manage their own properties but is interested in professional tenant qualification and placement can contact our Nexus team to request that service. Using this link provided you can indicate Rent4U in the message body. From there, your local leasing agent will reach out to you to talk more about the steps we’ll take for marketing including a video tour and photography and listing on your local Nexus office website and our Nexus Property Management® Youtube channel. We have a revolving pool of potential tenants in search of properties to rent and on average videos will have 20-25 views within the first couple days and very often top 100 views within a week. Our process and past success get eyes on your property quickly…which means less time that your rental brings in zero income!
Nexus will then handle all potential leads including substantive background and rental history investigation that includes credit, criminal, identity, legal, eviction, and terrorist checks. Your leasing manager will offer showings to pre-qualified callers and when we think we’ve found a good fit, we’ll share our recommendation and pertinent information with you for your approval. Nexus can then secure the first month’s rent and security deposit (or last month’s rent, depending on owner’s preference and state law). We’ll also generate a customized lease (and related documents) and take care of signing and finalizing the process with your new tenants.
All of this for the cost of just one month’s rent. There are no other fees or binding contracts. Without lifting a finger or even leaving the house, you can easily alleviate stress and save the invaluable time it always takes to find and place a high caliber tenant.
NEXUS NATICK AND RENT4U®
Nexus’ Natick office was the most recent Nexus franchise to open and for that reason it’s been the most responsive in taking advantage of these market changes. Under Krystyna McQueeney, Nexus’ Rent4U® program is taking off west of Boston, Massachusetts, in high-end suburbs where rental of single family homes is becoming more and more common due to inflated home values and high demand. Krystyna has found and tapped into a market for clients looking to take advantage of the same high quality Nexus leasing process while the owners still self-manage their properties. While all Nexus offices offer and have found success with Rent4U®, Natick’s leasing team has had exceptional results and numerous clients continue to take advantage of this service exclusively.
WHAT OTHER INVESTORS ARE READING:
Mick Lefort is the Vice President of Operations for Nexus Property Management®. A National Property Management Franchise that manages all types of rental property from single family homes or condos to large apartment buildings and complexes.
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