For someone who has just bought the first real estate to make passive income, it might be difficult to understand how things work and find ways to make it profitable.
Also, it’s no surprise that many buildings (even with the highest quality) are not getting people/ companies to rent. Buying properties is easy but promoting & becoming a landlord is more trouble than it seems. It takes time to find the right tenants, prepare the unit, be active to maintain regularly, and more. This all can be more of a headache than a satisfactory income.
Mlcspaces has solved this problem and has made the process of being a real estate owner more fulfilling. With an expert team and innovative techniques, the company takes care of every aspect that requires real estate owners to get the maximum benefit from their property.
All the problems and work that come onward are taken care of by the company. The property owner doesn’t have to worry about tenants’ relations, furnishing, rent collection, or even eviction. This makes Mlcspaces different and more reliable than any other platform.
“We pay rent to landlords, guaranteed. If there is a tenant living at their property, we will pay rent to the landlord regardless of any circumstances that may occur. During the pandemic, Our competitors used Covid as a means of not paying rent to the landlords and we never did. We grew exponentially during that period because we were still paying rent and landlords have flocked to us because of our company core mission and trust.” Says Geneva Acholonu, COO of Mlcspaces.
Partnering with Mlcspaces, the owner can travel or be in any part of the world, and the property will still be making money and being maintained.
Because of all these advantages, people choose to work with Mlcspaces. It has become one of the leading technology-enabled platforms providing co-living spaces.
For the owner who wants the best outcome from their property, it’s essential to partner with companies like Mlcspaces. Hiring such property management companies benefits property owners in numerous ways. They know the best online portals to advertise the unit, get the right tenants and assist to make more money by lowering the management cost.
Because of vacancy, many units may not be making regular income, and it often can lead to debt to property owners. But those who work with management companies never have to worry about it. Most of the time the companies have a list of people who are waiting to find a place, and they can easily fill the empty units without having to wait for months.
Another serious problem that real estate owners don’t have to deal with by working with property management agencies is the eviction of tenants. Companies like MLcspaces act within applicable law and in the most effective way possible complying with state and federal law. This reduces legal hassle for the property owner and gives peace of mind regardless of any circumstances.