Tuesday, August 28, 2012

BMG Rentals Property Management Attending the 2012 Convention - Utah Association of Realtors - Dixie Center, St. George


Join BMG Rentals Property Management in St. George for the 2012 Utah Association of Realtors Convention

BMG Rentals Property Management is scheduled to attend the trade show in St. George, UT from September 15th through September 17th.  Our booth will showcase our property management services and provide a general overview of our management techniques.  The booth will be staffed with experienced property managers from St. George and other locations who will be answering questions and explaining more specific procedures used in our business. 

Through our unique management style, we maintain a retention rate of 96%.  We have been in the business over 10 years and pride ourselves on our exceptional customer service, screening process, and marketing programs.
St. George BMG Rentals Property Management Office

BMG Rentals property management works with tenants and property owners to provide a great renting and investment property experience. Tenants can search for rental homes and apartments, view pictures, and watch video tours at our website. Property owners and investors enjoy our easy to read statements, regular inspection program, online portals, custom accounting reports, and our great customer service. We specialize in working with investors to improve cash flow and protect their investment. For more information on our management services download our owner information packet from our website. Also check out our property management videos and forms. We manage homes, apartments, plexus, condos, town-homes, and more. Our property management services are currently available in Utah and Eastern Idaho, with offices in Salt Lake, Idaho Falls, Pocatello, and St. George.

Monday, August 6, 2012

20 Percent of Property Management Companies are Less Than 2 Years Old


Who’s Managing Your Property?
In 2011 alone, according to RealtyTrac, 1.2 million investment properties were purchased. That’s up 60 percent from the 749,000 properties purchased in 2010. And the trend is continuing this year as investment property purchases account for 20 percent of all home sales.

This boom in rental properties has created a growing market for property management companies. All Property Management (APM), an online property management network, specializing in single family home rentals recently reported that one fifth of its clients have been in business for less than two years. The median number of properties they manage is 175, although 17 percent are currently managing over 500 properties. 70 percent of APM’s managers expect to see continued and increased growth.

Can a newly created property management company hope to protect you and your property with little to no experience in the industry?
There are a number of tricky situations and technical legal issues involved in managing properties. A recent survey found that on average it takes one to two months to evict a non-paying tenant, and the costs average between $1,000 and $3,000. Now imagine what would happen if your property management company mishandled the eviction due to a lack of experience in the area.

How much time, money and energy could an inexperienced property manager end up costing you?

With our many years of experience and education we are able to handle the legal issues and other situations that occasionally happen while managing properties. Not only is BMG experienced enough to handle an eviction quickly, while keeping costs down, but our pricing structure does not benefit from a vacant property. We only make money when your property is being rented.

Our Gurantee-

We maintain an owner retention rate above 96 percent. We like happy customers and do our best to keep them that way. We want them to use our services because it works for them NOT because they are tied to a contract. Either party in our management agreement can cancel the agreement with a 30-day notice with or without cause. We require that our entire management team provide you and your tenants with prompt and satisfactory service. If you ever have a question or concern, you can contact us at any time. If you are not satisfied with our service, we will allow you out of your contract, free of penalties and fees.