Posts Tagged ‘property management company colorado’

The Market for Residential Property Management today….  Executive Home Rentals 

It has been well-documented that there is a shift in the marketplace from home ownership to simply renting. For the renter, the limited commitment to a specific location and the losses that many have experienced as prior homeowners has caused a national shift in how individuals look at the investment in home ownership. There has been an increasing demand for rental properties and rental rates have experienced a 5% per year growth rate over the last few years.

In addition to these changes in behavior, large players in the housing market have identifi ed this trend and are actively working to provide more opportunities for investors to tap into the rental real estate market. The Federal Housing Finance Agency (FHFA) is working with Freddie Mac and Fannie Mae on an REO Rental Program and Bank of America recently announced that they are developing a similar program to sell foreclosure properties to investors for the purpose of having those properties rented. Residential property management and single family property rentals are
amongst some of the fastest growing real estate opportunities in America. Record numbers of defaults, foreclosures, residential downsizing, and family consolidations have created a huge demand for innovative Property Management services.
In 2011 Executive Home Rentals (EHR) brought innovation to the field of real estate. You’ve probably heard about their unique “Lease Your Listing Program,” designed to save homeowners, renters, real estate investors, and real estate agents time and money…well they have taken this concept to a whole new level. Combining there team’s 30+ years of property management and franchising expertise, this past December, they launched a franchise system that caters specifi cally to individuals with a real estate licenses or background.  is exciting franchising opportunity gives individuals the training and support for greater probability of success, features an affordable start-up price, plus the ability to open for business in approximately 60 days.

EHR has developed a complete property management solution whereby it provides its franchisees with a turnkey
operation, from the collection of tenant rent amounts via EFT, to preparing reconciliations for each property owner’s invoice monthly, and remitting payment monthly back to all the property owners. Franchisor and selected approved vendors provides services to the entire system. Understanding that maintenance of the property represents a large portion of the time spent by all property management companies , EHR has contracted with a national maintenance service company to provide 24/7 support and coordinate repairs and maintenance on behalf of property owners and there franchisees. By the Franchisor effectively managing the flow of funds and the maintenance management, franchisees can focus their time of leasing new properties to tenants and contracting with new property owners for their inventory.

If being in business for yourself but not by yourself and utilizing a turn-key business model sounds like something
you’re interested in, then you owe it to yourself to learn more now.  They have 24 Colorado franchise territories to award, to individuals that want to get in on the action of this rapidly growing home rental market.

Feel free to contact Jon Rivera President of Executive Home Rentals at info@homesirent.com or at 303.988.9999, with questions or comments.