Buying a single-family home in Farmington, Albuquerque, Los Lunas, and Santa Fe can be a great rental investment. Families love the convenience of having a full home with no shared spaces and executives enjoy the extra entertaining space a single-family home can offer. Tenants who work from home or simply want the additional space may prefer having a whole house to work in, too.
Whether you have a second home you want to rent or whether you have purchased a single-family home as an investment, Elevated Management Group offers single-family home property management in the Albuquerque area. We take care of the details and reduce your liability, ensuring a seamless experience.
Traditional rental buildings have units for multiple families under one roof, while a single-family home is a detached or semi-detached property that offers tenants more space and privacy. With the right management, this type of home can be an excellent addition to your rental portfolio.
Renting out a single-family home requires some additional efforts and considerations. With a multi-unit property, you could have some units sit empty and still be bringing in some income. With a single-family home rental, however, any period without tenants halts your cash flow. Good single-family home property management in Santa Fe, New Mexico, can help you get quality tenants and ensure those tenants are happy, reducing the risk of your rental sitting empty.
Good property management also reduces your liability and helps you take care of all the details of your rental — including paperwork. If your tenants need any repairs, Elevated Management Group can help take care of that as well. With a larger property such as a single-family home, there may be more appliances that can break down and need repair. We can help keep the property in good condition so it maintains its value in case you wish to rent it to a new tenant or sell it later.
Elevated Management Group is a full-service boutique property management company with extensive experience managing multi-family and single-family rental properties. We’re proud to serve Albuquerque, Bernalillo, Los Lunas, Farmington and the surrounding areas. We offer a range of services to help you make the most of your investment:
At Elevated Management Group, we’re proud to offer single-family home property management in Albuquerque, New Mexico, and the surrounding area because we have strong community ties. Some of our property managers live in the area and have worked with rentals in this region for over ten years. We’re familiar with the demands of local tenants and the rental market, and we use that knowledge to get you the most out of your investment.
Contact us today to get started or to learn more about our services.