While buying the property at a good price, in a good location and in
a favorable rental area is important, the experience and knowledge of
the management company who will be managing your investment property
is of equal, if not more importance.
Q. If I am interested in buying a property, what would be my first step?
A. Contact the Top Shelf Property Management Broker/Agent and they
will set an appointment with you to go over all of their services from finding
the property, showing you the best areas to buy in, making the offer, setting
up your financing, taking it through escrow and then pre-leasing the property at the end of escrow.
Q. Can I buy additional properties if I already own rental properties now, with financing the way it is?
A. If you own over 10 properties, you will need to find alternative
financing sources, (e.g. seller financing) as most conventional lenders
today will not lend to investors who own more than 10 properties.
Q. Does Top Shelf Property Management charge for their Certified Rental Analysis showing local rental rates before I buy?
A. We provide the Rental Analysis at no charge to you. Contact our
office at 515-664-8252 to speak with our Business Development Associate.
Q. How about if the property needs to be repaired and fixed up before it can be rented – how does that work?
A. Top Shelf Property Management has a number of pre-screened, pre-qualified contractors
and repairmen that will not only do the work, but will give you an
itemized breakdown of those repairs with fixed prices before they begin
work on the property.
Q. Where should I have spent most of my “repair” money . . . on the inside or outside of the property?
A. Top Shelf Property Management, with our experience in making over 10,000 houses
rent ready, will be able to guide and advise you exactly where to invest
your dollars to get the most “bang for your buck” so that your new
investment will help your property rent as quickly as possible for the best possible price.
Q. If I wanted to get started, what is my next step?