What are the benefits of property management?
One of the things that we will like to establish is that in our many years of existence we have been able to work with our clients to achieve various life goals. Although, the items listed below are the direct benefits of what we do, we have successfully helped people achieve so much more! Here are some of the basics that you receive from our property management services:
–Marketing of the rental property
–Background checks of potential tenants
–Equitable Communication management system with the tenants
–Sublime home management service
–Reduction in tenant turnover
–Seamless Rent collection service
–Handling of repair/maintenance issues
–Advise on potential upgrades to achieve maximum market rent
–If necessary, handling eviction procedures
–Ensuring code compliance
–Handling of security deposits
–Facilitating the lease agreement
–Inspection of property
What do property management companies charge?
We give the most value at the most affordable rates. The charges can vary based on the property and location, as well as, the number of services the property owner requires, and the man hours that will be involved are all factors that determine the final charge. Typical property management fees might be anywhere from 8-12% of monthly rental value of the property. Investors with a large portfolio are often given reduced fee percentages. Other possible fees include maintenance and repair issues, eviction costs, renewal fees, etc. This can be discussed up front and agreed upon with your property manager prior to any services rendered.
What does a property management company do?
Management companies deal directly with prospects and tenants. This saves you time and undue concerns over marketing your rentals, collecting rent, handling maintenance and repair issues, responding to tenant complaints, and even carrying out evictions.
Why should I choose your company instead of another?
Property Management Aces uses a robust system that ensures we achieve the highest rental income in your area. This allows for maximum income and reduction of vacancy time. Our communication is prompt, professional, and accurate. Any maintenance issues are done in an efficient and cost effective way with maintenance calls by tenants handled by our team.
We closely monitor and effect any major repairs on your property. Our team uses a thorough background check system to seek the most qualified tenants for your property. We offer custom solutions that meet your needs as well as a broad range of services including full professional property management services.
How often will I hear from my property manager?
The frequency of communication can be determined by you, the property owner. You can discuss any expectations you have with your property manager from the onset in order to ensure everyone is on the same page.
How much will my investment property lease for?
There are market variables that will determine the lease rate of your rental property. These include the location, condition of the property, size, and other general features. A complete professional market research and analysis by our team at Property Management Aces will provide an accurate assessment of the market value of your rental property.
How will you find tenants for my property?
A complete marketing plan will be implemented through multiple websites and the local MLS. We have a unique system which we use to advertise in order to get your property leased at maximum market value as quickly as possible.
What do you look out for in tenants?
Prospective tenants are screened through various filters. They include, but not limited to, job history, credit history, criminal history, rental history, etc.