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Property Management

Prudential Gardner Realtors’ property management division was formed in 1993 to service the ever-growing demand for rental management and leasing services (non-management rentals) in the Southeast Louisiana and Southern Mississippi markets.

Our commitment to excellence and professional education, as well as responsiveness and adaptation to market forces, ensures that we provide the highest caliber of service to our clients.

We succeed when our clients achieve their investment goals through effective counsel and management of their real estate assets.

 

Why Buy Investment Property?

Real estate has created more self made millionaires than literally any other investment available in today's society.  Whether you are looking to purchase rental properties, or you are looking to rehab properties for quick profit - real estate investing can put profit in your pocket.

With the decline of mutual funds and constant fluctuation in the stock market, it is more apparent now than ever that real estate is a much more desired investment.

There are several reasons why investment properties are the best investment out there.

Above Average Returns - When compared to stocks, bonds, and money market accounts, real estate is by far the most profitable investment. What kind of return is 2% - 7% (not a very good one). With real estate you can invest a small amount of your own capital while reaping large rewards.

Equity - Equity is the difference between what you owe on a property and what the property is worth. Equity may be accessed when you sell a property or when you refinance the property. It may be used to pay off higher interest loans, to reinvest, or any other reason you see fit.

Instant Equity - If you buy the right property for the right price you should have equity the day you buy it.

Equity Buildup - Over time real estate goes up in value. In recent years the value of real estate has increased at dramatic rates. Buy a property low today and receive equity through time.

Cash Flow - If you are purchasing a rental property one of the major considerations you must take into account is the amount of cash flow this property generates. This is the difference between how much this property brings in each month and the amount of money the property costs you per month to own and operate. A good rental will pay for itself while putting extra cash into the owners pocket each month.

Tax Reasons - Real estate provides many tax benefits that include tax write offs, business expenses, value appreciation, tax depreciation, tax shelters, IRA benefits, tax exchanges, etc... Consult an experienced real estate tax accountant to see what benefits you can take advantage of.

 

Do you need a Property Manager?

Ask yourself the following questions;

  • Do you have experience managing rental property yourself?
  • Are you familiar with fair housing and landlord/tenant laws in the jurisdiction(s) where your property is located?
  • Do you have relationships with contractors that ensure you can get 24 hour service at reasonable prices?
  • Do you have a reliable means to determine fair market rent and returns on your investment property?
  • Do you know and have the proper notices and legal process to deal with non-paying tenants?
  • Do you have a current, professionally crafted lease and related agreements/forms to minimize your exposure to liability should a tenant sue?

If you answered “no” to any of the above questions, it might be prudent to hire a professional management team. The cost of one bad decision could more than offset the cost of hiring a professional manager to help you avoid the pitfalls of rental property ownership.

 

Finding a Property Manager

How would you like to enjoy the benefits of rental property ownership without the headaches? Our team of property managers can help.

Many real estate companies manage property, but few take charge the way Prudential Gardner Property Management does. We thoroughly investigate the references and credit ratings of prospective tenants and, once the right tenant is chosen, we are available twenty-four hours in case they need us. We guard your assets with regular on-site inspections, and send you computerized activity reports. You, as a property owner, can benefit from Prudential Gardner's economy of scale. Our large and growing portfolio allows us to qualify for significant service and maintenance discounts, which we pass along to you. To contact us, »Click Here.