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rental propertyThe last eighteen to twenty-four months have been unusual and challenging. No one could have anticipated all the way in which our lives would be impacted by the effects of the global pandemic. Few, if any, would have expected the dramatic way in which the housing market has behaved during this time. 

From Idaho to the Carolinas, people are choosing to live where they want to live based on the factors they choose, not on where their offices are located. Thousands upon thousands of people are choosing Asheville and western North Carolina. 

Real estate professionals have reported many properties selling sight-unseen throughout the lockdown. Even still, property values have risen sharply, with houses selling often above asking prices. 

What do you do if you are a property owner in Asheville? Do you sell while the market is high, potentially pocketing a profit but losing your asset? Do you hold on and risk cashing in on a big payday, trusting that ultimately your property will continue to increase in value as it has done in this area for decades? 

The housing market is not just great for sellers right now. Rental property owners are benefiting from the influx of tens of thousands of new residents. 

Now is the time to start renting your Asheville, NC property. 

Now Is the Time to Start Renting Your Asheville, NC Property 

If you want to strike while the iron is hot, list your property for rent. Benefits of renting your property now include:

  • Your property will be able to earn substantial passive income.
  • You will be able to offset property taxes and often write-off changes and maintenance.
  • You will be able to keep your property in your name.
  • You will have the opportunity to choose what to do with your property without it being dictated by the market.
  • You will be more motivated to make sure you keep your property in great condition

The key to avoiding the headaches that may have kept you from wanting to rent your property in the past is to hire a property management company. 

Why You Should Hire a Property Management Company in Asheville, NC

  • Property Managers Help Fill Vacancies: A good property management company can assist you in filling vacancies with tenants who have been background and security checked, have strong credit, and have excellent references.
  • Property Managers Can Handle Tedious Maintenance: Property management businesses assist in the coordination and management of maintenance.
  • Collect Rent With the Help of a Property Management Company: Property management businesses can assist with setting and collecting rent from renters.
  • Property Managers Collect Rent: Property managers help make sure rent is collected in a timely manner.
  • Property Managers Save You Time: Investing in a property management company can help you reclaim time for yourself and your family.
  • Property Managers Make Financial Sense: Hiring a property management company can be a no-brainer and even a wise investment. Keeping vacancies to a low and ensuring tenant satisfaction can help your bottom line.

Is this the year you finally start renting out your Asheville, NC property? The team at Asheville Phoenix Properties is here to help. 

Contact us for more information about how you can get your property listed and vacancies filled quickly.