TheRentKing.com has been finding qualified tenants and managing Landlord's Real Estate portfolios for more than 10 years. We understand what it takes to manage the entire life-cycle of a rental property. Our experience and attention to detail help us provide exceptional service to our investors and an unmatched rental experience for our tenants. We thoroughly understand and cater to the needs of investors with multiple rental properties. Our success is built on our experience and our personalized, hands-on approach to handling each of our rental properties.
Let me give you an example of a 1031 Exchange situation I closed in 2017, and how the investor is doing now.
My seller originally was selling a house they owned 50% ownership of the real property. Upon selling the real estate, the seller walked away with a little over $70,000. With that $70,000, my seller placed the funds with a qualified intermediary, and re-invested the money via a 1031 Exchange into a new property we purchased 60-days later, for $77,800. Since purchasing the new house, the investor’s netting income the first year was $8,300, and $10,400 the second and third year. This is a +10% CAP Rate annually. Today, comparable homes in that neighborhood are selling for $140,000. That’s $62,600 in capital appreciation in three years, or an 80% gain in value.
If you are looking for similar opportunities, or ideas, please give me a call today!
Full Service Property Management
The Benefits of using TheRentKing:
- No hassle management
- Prompt Response to Tenant Requests
- Low vacancy rate
- Industry specific local knowledge
What we do as your property manager:
- Fill vacancies
- Advertise
- Handle tenant inquires
- Background and credit check
- Application processing
- Lease signing
- Rent collection
- Evictions
Tenant Placement Services
The Benefits of using TheRentKing.
- Vacant property oversight
- Secure showing system
- High lead to lease conversion
- Detailed Application/ tenant underwriting
- Smooth lease signing and move in process
- Low vacancy rate
- Low time on market
- Industry specific local knowledge
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