PROPERTY MANAGEMENT IS HARD, FINDING A GOOD PM IS HARDER – BUT YOU LOVE THE UPSIDE OF HOLDING RENTAL PROPERTIES.
It sounded like a good idea when you started: buy, rehab, refinance, rent, and repeat. You’ve put the work into your properties and cared for them with extreme attention to detail – they have served you well over the years. Property values and rents have gone up and loan balances have gone down through the years. You’re glad you made the decision to hold real estate, but it’s time to focus on something new. Maybe it’s a new career. Maybe it’s family. Maybe it’s retirement.
Trusting your investments to a property manager feels unnatural. Maybe you had a bad experience with another property manager – we understand. Boomtown was built from the ground up to fulfill this exact need. From move-in / move-out videos, to six-month inspections with pictures, and 24/7 access to scanned invoices and detailed financial reports we give you all the support you need to feel great about how your portfolio is managed.
Same Day Responses to All Owner Questions
Slow ineffective communication is easily the most common frustration among rental property owners. You can think of Boomtown as your one stop shop for all the answers. From questions on financial statements, tax documents, and expenses to estate planning and refinance questions we have all the answers! Well, most of the answers – and if needed we’ll find the answer or provide recommendations for professionals to offer specialized advice. Either way we respond to 100% of our owner inquiries the same day or within 24 business hours.
Advanced Long-term Real Estate Planning and Risk Management
Did you know your heirs could spend a year in probate court and tens of thousands of dollars in attorneys’ fees to take possession of your properties without trust? Did you know financing a property under your personal name and transferring the deed to an LLC can put your financing at risk? Did you know most insurance companies require a separate endorsement for sump pump failures? Do you know a water line failure can cost over $10,000 to fix and must be repaired immediately? In most municipalities water is shut-off without notice once a water line break is investigated and verified. At Boomtown our property owners are treated like business partners; we work alongside our property owners understand and offset risk with legal counsel and specialized insurance products when appropriate. Allow us to use our experience to help advise you on long-term planning and risk management.
2x Inspections Each Year (w/pics)
If you’ve been through the ringer with a bad tenant you know how important regular, verifiable property inspections are to the proper stewardship of your investment. Twice a year we perform maintenance inspections on each of our homes and provide each owner with a copy of the report and with time / date / GPS stamped pictures.
Detailed Record Keeping and Financial Reporting
Accounting and record keeping is among the most despised tasks for landlords – let Boomtown alleviate the stress. From secure access to Dropbox and Google Drive for invoices to detailed accounting reports at your fingertips through your online portal – we have you covered.