How It Works

We oversee residential and commercial real estate on behalf of property owners. Here's a general overview of how we operate:
  • Acquisition and Onboarding:

    Property management companies may acquire new properties through various means, such as direct purchase, partnership agreements, or client referrals. Once a property is acquired, they onboard it into their management portfolio.

  • Tenant Acquisition and Screening:

    One of the primary responsibilities of property management companies is to find suitable tenants for vacant properties. This involves marketing the property through various channels, conducting property viewings, and screening potential tenants through background checks, credit checks, and rental history verification.

  • Lease Management:

    Property managers handle lease agreements between property owners and tenants. This includes negotiating lease terms, drafting contracts, and ensuring all legal requirements are met.

  • Rent Collection and Financial Management:

    Property management companies collect rent from tenants on behalf of property owners. They also handle financial tasks such as setting rental rates, managing property budgets, paying bills (e.g., utilities and maintenance expenses), and providing financial reports to property owners.

  • Maintenance and Repairs:

    Property managers oversee property maintenance and repairs to ensure that the property is well-maintained and complies with safety and health regulations. This includes routine maintenance tasks as well as responding to repair requests from tenants.

  • Tenant Relations and Conflict Resolution:

    Property managers serve as the primary point of contact for tenants. They address tenant concerns, handle complaints, and facilitate conflict resolution between tenants and property owners..

  • Legal Compliance:

    Property management companies must ensure that properties under their management comply with local, state, and federal regulations. This includes adhering to landlord-tenant laws, fair housing regulations, building codes, and zoning ordinances.

  • Inspections and Risk Management:

    Property managers conduct regular inspections of properties to identify any maintenance issues or safety concerns. They also manage risks associated with property ownership, such as liability risks and insurance coverage.

  • Evictions and Lease Terminations:

    In cases where tenants violate lease agreements or fail to pay rent, property managers handle the eviction process in accordance with legal procedures. This includes serving eviction notices, filing court documents, and coordinating with legal counsel if necessary.

  • Communication with Property Owners:

    Property management companies maintain regular communication with property owners to provide updates on property performance, financial matters, and any issues that arise. This communication can take the form of regular reports, emails, phone calls, or meetings.

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