According to HPENews.com, High Point, North Carolina, saw a considerable population growth of nearly 1.2% from mid-2022 to mid-2023. Even more impressive is that this growth rate is almost twice that of the previous two years combined. As of July 1, 2023, the tree-lined city with beautiful parks and lakes has become home to 116,926 residents.
As a High Point property owner, you can take advantage of that growth by renting out your property. Plus, with the help of a property management firm, you can turn an otherwise 24/job into a passive income generator.
Here are some of the best reasons to consider partnering with a rental property manager like PMI Piedmont.
Simplify Vacation Hosting and Short-Term Property Management
In 2023 alone, North Carolina welcomed nearly 43 million visitors from all over the country. They spent $35.6 billion during these trips to and within the state. As a result, the Tar Heel State has become the fifth most visited U.S. state.
High Point, as the Home Furnishings Capital of the World, is among North Carolina's most popular tourist destinations. For this reason, you may want to consider renting your home to visitors to maximize your rental income.
Our rental property management firm, PMI Piedmont, can help determine whether your property is best suited for vacation hosting or short-term leases. Once you've decided, we can take over all your rental property management responsibilities. Either way, our primary goal is to keep your property occupied (whether with guests or tenants) to help you generate as much income as possible.
Find Quality Guests and Tenants More Quickly
Our team at PMI Piedmont will help you find responsible, high-quality guests and tenants by:
- Implementing professional rental property marketing strategies
- Answering all potential inquiries
- Conducting guest or tenant screening
Once we find the best possible guests or tenants, we'll assist you with the rental or lease agreement. As your full-service property manager, we'll ensure your guests/tenants follow all the terms indicated in the contract.
Enjoy Stress-Free Property Maintenance
Your rental property must adhere to the City of High Point Code Section 9-2-100. It sets the minimum standards and requirements for the safety and habitability of dwelling units. Code violations (Sec. 9-2-113) can lead to hefty fines of $100 (for the first day) and $50/day for continued violations.
If you partner with PMI Piedmont, you won't have to worry about those legal consequences. We'll oversee your property's maintenance and ensure it remains safe and habitable while maintaining its high value. Rest assured, we work only with highly experienced and vetted contractors and vendors.
Make Property Management Manageable
From simplified vacation hosting and short-term rentals to finding quality guests/tenants and ensuring your property is in top condition, these are just some of the perks and pros of partnering with a property management firm.
So, why not consider having PMI Piedmont take over your hosting or landlord duties? Our full-service short-term rental management firm comprises highly educated professionals with extensive experience in real estate, management, tax, and accounting. We're also a proud member of PMI, a larger company with over 400 franchises, and consistently ranked as a leader in property management.
Contact us today to learn how we can help make managing your High Point rental manageable!