Property Management

Providing a wide range of services to property owners. Essentially handling the day-to-day operations and maintenance of real estate investments. Here's a breakdown of typical services:

Marketing and Tenant Acquisition:

• Property evaluation and pricing: Assessing the property's condition, location, and market trends to determine the optimal rental rate.

• Advertising and marketing: Creating listings, taking photos, and promoting the property through various channels (online platforms, websites, local listings).

• Showing the property: Scheduling and conducting property tours for prospective tenants.

• Tenant screening: Conducting background checks, credit checks, and verifying income and employment to find qualified tenants.

• Lease preparation and execution: Drafting lease agreements, ensuring compliance with legal requirements, and obtaining signatures.

Tenant Management:

• Rent collection: Collecting rent payments, managing late fees, and pursuing delinquent accounts.

• Tenant communication: Serving as the main point of contact for tenants, addressing their concerns, and resolving issues.

• Maintenance and repairs: Coordinating maintenance requests, arranging for repairs, and overseeing contractors.

• Lease enforcement: Ensuring tenants comply with lease terms, addressing violations, and handling evictions if necessary.

Property Maintenance:

• Regular inspections: Conducting periodic inspections to assess the property's condition, identify potential problems, and ensure tenant compliance.

• Preventative maintenance: Implementing preventative maintenance schedules to minimize repairs and prolong the life of property systems.

• Emergency repairs: Handling emergency repairs promptly to protect the property and ensure tenant safety.

• Vendor management: Establishing relationships with reliable contractors and vendors to provide quality services at competitive prices.

4. Financial Management:

• Accounting and record-keeping: Maintaining accurate financial records, tracking income and expenses, and providing detailed reports to owners.

• Budgeting: Developing annual budgets for the property, forecasting expenses, and managing cash flow.

• Payment of expenses: Paying property-related expenses, such as mortgage payments, property taxes, insurance, and utilities.