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5 Keys to Investment Property Success

OK, So you have made the leap and decided to invest in real estate. Good Choice! Not only can this type of investment diversify your retirement portfolio, but it can generate passive income for you in the meantime. Now that you have made the jump how on earth are you supposed to know what will bring the best ROI? Thankfully your friends at Real Property Management Instant Equity have compiled a list of 5 keys to investment property success.

Screen all applicants

The last thing you want to do is place a tenant into your property that does not pay rent on time and eventually has to be evicted. This is a costly and time consuming process and at the end of the day the longer this takes and the longer that your property is not collecting rent the more revenue you miss out on.

Be upfront and honest with all lease terms

This should be self explanatory, but there are plenty of horror stories where the lease terms were not clearly defined and the property owner was left with the bill. In all of our leases we indicate that the home must be professionally cleaned by a truck mounted certified cleaner. This prevents the current tenant from being able to get off the hook for a spotty cleaning job that was not done professionally.

Perform an initial property inspection

This creates an initial reference point. Document all aspects of the home and take pictures. This can help you make a claim to the tenants security deposit if repairs need to be made upon move out.

Maintain the property

Keeping the property in good shape can not only bring in higher rents, but more satisfied tenants as well. This can lead to more generated income over the long term.

Document everything

Take pictures and have everything in writing. Just like maintaining the property, this will prevent issues in the future.


While these are five very important tips that can help you as an investor get the best ROI nothing helps preserve your property and increase its value more than hiring a property manager. Property management simply put creates worry free investing. No need to spend weekends maintaining the property or worrying about tenants paying on time. Simply hire a Real Property Management Instant Equity and you will have nothing to worry about except for how you’re going to spend your passive income.

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When it comes to finding the right property manager for your investment property, you want to know that they stand behind their work and get the job done right – the first time. At Real Property Management we have the expertise, technology, and systems to manage your property the right way. We work hard to optimize your return on investment while preserving your asset and giving you peace of mind. Our highly trained and skilled team works hard so you can be sure your property's management will be Done Right.

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