16/02/2023
Looking for a property management company to assume responsibility for the operation, control, maintenance, and oversight of
Marketing and Leasing
Property manager should have many years of experience, have an in-depth understanding of how to maximise property marketing avenues and platforms to lease our property as quickly as possible. The manager will help set accurate market rates and ensure we are not leaving money on the table with incorrect pricing strategies.
Besides marketing for tenants, the manager should show the property and screen prospective renters. The manager will also specialise in drafting lease agreements. In addition, the will resolve any lease-related matters should as they arise.
Collecting Rent
A property management company will collect the rent on behalf of the owner. They will manage income and expenses related to the property, and will manage insurance costs and claims where the need arises, and also handle rent defaults.
Maintenance
The property management company will conduct scheduled inspections before the occupation, during and after a tenant has vacated to ensure the property is in a good state. They will handle tenant complaints, and arrange for repairs and maintenance on behalf of the owner.
Knowing landlord-tenant laws and regulations
Property manager should have expertise in laws, regulations and ordinances related to your tenants, and know how to adhere to them.
Bookkeeping
The Property management company will keep detailed records of all income and expenditures, and will provide you with copies of vendor invoices related to the management of your property. Bookkeeping and invoice handling is critical for minimising taxes and keeping the cash flowing.
Dm for details.