Fourth Dimension Group Shares How Smart Management Can Help Rental Property Owners Overcome Current Market Challenges

Austin, Texas based Fourth Dimension Group is reaching out to rental property owners all across the US to show them how clever management tactics can help overcome the current challenges presented by the COVID-19 pandemic.

The last couple of months have been the most difficult in decades for owners of rental properties across the country. The real estate market is among the industries that have been affected the worst by the current COVID-19 pandemic and has forced many out of their jobs while others have had to reduce their work hours. Similarly, tenants are struggling to make ends meet with their reduced wages, which places them in a dire situation where they are unable to pay rent for the property they are occupying. While statistics show that owners of rental properties can collect rent from 60% of their tenants, Fourth Dimension Group asserts that this is a challenge that can be overcome—with clever management tactics and a clear plan.

“While we have all been affected by the current COVID-19 pandemic in ways we cannot avoid, we choose to believe that there is a way around the challenges that have been brought upon us, and this is what we are here to demonstrate,” states Paul Williams, a spokesperson for Fourth Dimension Group. He adds, “While the real estate market is deeply hurt right now, it is more important than ever to adapt to the circumstances and find a way to overcome the issues we are faced with. The key to achieving this lies within a person’s experience and their ability to think outside of the box as well as working with the tools at their disposal to make the most out of the difficult situation. While this may seem easier said than done, we have once again taken the initiative in demonstrating that this is possible, showing that all you need is a clear plan and the means to execute it.”

Fourth Dimension Group took a proactive approach to overcome the newly-presented challenges, working with their tenants to figure out a way to collect their rent in an unobtrusive manner. Their approach worked better than those used by other property owners, producing results that barely differ from what would be expected under normal circumstances. Throughout the apartments they manage, Williams and his team managed to collect 92% of the rent during April, showing a significant improvement as other apartment owners struggle to collect their rent during this crisis.

Williams says, “While we reserve the exact details of how we did it to share only with our clients, the gist of it was that we worked with our tenants. We are all going through the same difficult situation, and only by helping each other we can expect to overcome these challenges. You’ll find everyone more willing and open to work around these problems by offering your assistance and help, and this is crucial to develop a long-term plan to make things work.”

Fourth Dimension Group states that the approach they are taking now with their tenants is the same they use with their clients. Due to this, all of their services are custom tailored to each client’s needs and goals, managing each property in its own unique way to make the most out of every one. This has earned them great success across the country, as their portfolio growth of managed properties has increased to over $40 million in assets (over 100% increase) in the last 24 months.

The services offered by Fourth Dimension Group include the management of Apartment Communities, Condominiums and Single Family Homes. While most of their managed properties are in the Austin / San Antonio metro areas, the company says that they plan on an expansion into the Houston metro area within the next 12 to 18 months. Communication, online payments and the management of any crucial infrastructure are included within these services, ensuring the proper function and integrity of all properties managed by the company.

The company’s website offers more details on Fourth Dimension Group and their services. Interested parties may reach out to Paul Williams to follow up with any further inquiries as well. The company’s website can be accessed here: www.4dgrp.com.