A Local Property Management Company
Get the most out of your property investment in Glen Burnie, MD by having a locally based property manager on top of every detail during the rental process. No longer will finding tenants, doing repairs, and collecting payments be a burden.
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Glen Burnie Rental Property Overview
The charts below show that the housing market in Glen Burnie has been growing more in favor of renting over buying in the past year. This is evident by the number of home sales declining by nearly 50% since July 2018. At the same time, the number of rental units has risen by over 60% in the past year. These are trends we have seen in Anne Arundel county as a whole, and are therefore not surprising.
Selling vs. Renting a Home in Glen Burnie
For return on investment, rental properties in Glen Burnie have proven to be a tremendous opportunity for homeowners and investors. The median rent price per month has been steadily rising over the pas year and is expected to continue. Median rent is currently hovering around $2100 – which is up from $1800 just a few months ago. While rent is increasing, the median sale price of a home has decreased by as much as $25,000 over the past year. Sale prices were around $275k at one point to just over $250k at the lowest point.
Why Property Management?
Clearly, the data and market trends in Glen Burnie favor renting a home over selling in this current climate. The sale prices are dropping while rental prices are going up by quite a bit. Similarly, there are less people going to market as the demand for rentals has skyrocketed.
If you have a home getting ready to go to market in the Glen Burnie area, you may not have considered renting previously. There are many questions; collecting rent, performing repairs, finding tenants, changing tenants, the legal aspect, etc.
By hiring a property manager, the homeowner is able to take advantage of the increasing rental market while not having to invest massive amounts of time and effort. Provision Property management offers all of our clients the benefit of having every aspect of the rental process handled with care and expertise.
We place your property on all major platforms such as Zillow as well as our own website to attract highly qualified candidates.
Finding qualified tenants can be a challenge. That is why we use our proven formula to guarantee your property is both well cared for and being paid on time.
Leases & Contracts
We provide the contracts for all necessary items during a lease period. That way you remain protected in the event of any unfortunate circumstances.
Collecting the rent on time and in an efficient manner is key to a healthy relationship. We make it easy for tenants to pay us automatically and directly so there is nothing in the way of getting the revenue
Building codes and structural integrity must be maintained to avoid disastrous outcomes. We perform regular inspections of the property grounds to make sure nothing is out of place.
In the event that a tenant needs to be evicted or has been negligent, we file the appropriate filings in court and make the appearances necessary for you to remain protected.
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24 Hour Maintenance
We have service technicians standing by in Glen Burnie to serve our property owners and their tenants 24 hours a day. There is never a good time for a maintenance issue to arise, so having a reliable source for home repairs is imperative. Some of the repairs we cover include:
Our technicians are able to repair plumbing issues such as frozen pipes and leaks, drainage clogs, and toilets.
No one wants to be in a home when the air conditioning goes out. That is why we respond to all HVAC repairs as soon as possible.
Any issues related to electricity needs to be handled with care. We have certified electricians able to take care of these concerns in the safest and most efficient way possible.
If a property needs lawn care and the tenant can't manage on their own, we will find a local crew to cut the grass on a regular schedule.
Our service technicians can handle just about any home repair out there. We make sure there is no time wasted from when a service call comes in and we communicate directly with the homeowner and tenant to resolve quickly and professionally.
Our Glen Burnie Service Area
We manage rental properties all around the Glen Burnie area.