Ready to Hire a Professional Colorado Springs Property Management Company?

28. September 2016 Blog 0

 

If you’re a property owner and you’ve been handling the business of being a landlord, perhaps it’s time to hire a professional Colorado Springs property management company to handle renting your property instead. There are many good reasons for doing it.

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Not Having to Find Renters

 

One of the big reasons for going with professional Colorado Springs property management company is to not have to look for and vet renters. This can be a real hassle when you have multiple properties and other jobs. You have to take time out of your busy day to interview prospective renters, chase down their references, look up their credit history, and other things that take time. And if this is your first time renting property, you may not have thought of everything to check into to ensure that you are getting a quality renter.

 

Professional Colorado Springs property management companies already have the knowledge and experience to find good renters. They know the ins and outs of the rental process and they do the advertising for you. They have professional contracts that will ensure you get your rent payments and are legally protected if there is damage to your property.

 

Not Having to Deal with Renters

 

Dealing with renters can be a real hassle. Collecting rent, fixing broken items, and other day to day management can take time out of your day. That’s why a professional Colorado Springs property management company is so valuable to you. The property management company provides an insulating layer between you and the renter. You get your money on time and you don’t have to worry about fixing something on the property if it breaks. The property management company takes care of hiring the serviceperson who will be doing the repairs, or buying and replacing broken appliances. Yes, you pay for the fixes, but it’s better than having to worry about scheduling and finding the person you need to do the job.

 

If the rent is late, the management company handles dealing with the renter and making sure that the renter will pay. They’ll handle evictions and collections on your behalf as well, in many cases.

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Think of it as Hiring a Landlord

 

You’re renting your property to make money, not to play landlord to a group of renters. Whether you have one piece of property or several pieces of properties, it makes sense to hire a property management company. No one can be experts in everything, which is why you do what you do, and property management companies do what they do. It’s like hiring a landlord to handle your rentals. You deal with the property management company and the property management company deals with renters. What could be simpler?

 

If you’re busy with your own job or business, take this one time sink off your plate. Have a professional Colorado Springs Property Management Company rent your property for you. Then, you can stop worrying about your property and instead focus on more important things in your life such as your family, your work, and your business.


The Best Property Managers in Durham, NC Know How to Keep Elderly Tenants Safe

26. September 2016 Blog 0

As a property manager, keeping your tenants safe is top priority. If your tentants are happy, then you and your employees are happy. But working to keep your tentants safe is a job that requires your full attention, and is generally done with the best property managers in Durham, NC.

When it comes to your elderly tenants, there are a few other things to keep in mind. As people get older, it becomes more difficult for them to do the things they once could do. Here are some ways property managers can ensure a tenant’s safety.m4

Have Emergency Contact Information Handy

It is important for property managers to always have the emergency contact information of their elderly tenants readily accessible.

In addition to this, make sure that you provide your contact information to all parties involved. This allows them to reach you if they cannot reach the elderly tenant. These acts help create a safety net around your tenant and make it much easier for help to be available when needed.

Increase Units and Complex Safety

Additional safety measures are never a bad thing to have in place. These safety measures work exceedingly well to prevent any accidents or injuries. The necessity of these safety measures increases a hundredfold when you are housing elderly tenants. Elderly tenants are more prone to slip and fall, so it is imperative that property managers work to mitigate this possibility.

There are several ways that a property manager can increase the safety of their unit or complex. The first way is to make sure that all walkways, stairwells, and hallways within the property are well lit, cleared of clutter, and easily accessible. In addition to this, make sure that stairs and elevated platforms come equipped with railings and support banisters, which will make them much easier to scale for those who are not so agile. In the instance that your tenant has a carpet as part of their unit, make sure that it is placed securely into the ground to prevent the possibility of the carpet slipping as they move across it. This will help reduce the possibility of them falling down while on the move.

Safety Plans And Evacuations

It is imperative that your housing complex has appropriate safety plans in place, and this includes fire safety plans etc. as well as evacuation routes. It is necessary that your elderly tenants are briefed on the safety plans, which are in place to protect them, and instructed on how they are supposed to evacuate in the event that danger arises. Property managers should make sure that each unit is well equipped with fire extinguishers, smoke detectors, and other preventative tools that will help reduce the chance of injury or death within the elderly tenants living space. In addition to this, managers should conduct regularly scheduled maintenance visits to make sure that there is nothing within the unit that poses a safety threat to their elderly tenant.m5

Also, it is always crucial to have at least two exit points within a room to allow for easy evacuation. This is much more important when it comes to elderly tenants because most of them will be moving at a much slower pace, and might not be able to make use of some of these exit points. It is necessary for the property manager to have a conversation with their elderly tenant to see if they have any special needs that can be worked into safety and evacuation plans. This will make each of these things much easier and effective on your tenant.


Reputable Property Management Firms in Santa Monica

24. September 2016 Blog 0

Westside Property Management

Westside Property Management includes leasing, maintenance and sale services. The company is family-owned and operated, and is one of the excellent property management firms in Santa Monica, The principals of Westside Property Management have more than 65 years of combined commercial and residential real estate experience. Working with this management firm, clients can expect access to a variety of services, including:

  • comprehensive property management
  • leasing and marketings2
  • tenant evictions
  • tenant screening and billing
  • maintenance requests
  • online pay portals for residents
  • investment consulting and strategies

Westside Property Management manages :

  • condominum units
  • single family homes
  • estate properties
  • duplexes
  • apartment buildings
  • commercial/retail properties

Contact Westside Property Management for a free property management consultation.

SHL Management Company

SHL Management Company is a property management firm in Santa Monica that has been around since 1959. In this time, SHL has established a proven track record. SHL Management Company will help you to maintain quality property and assure that you rent and lease to qualified tenants. The company will make sure your return on real estate investments is maximized. SHL works with clients who own commercial centers, office buildings, apartments and single-family homes.

SHL Management Company’s services include:

  • application reviews
  • credit and reference checks
  • efficient collection of rent
  • full financial reporting
  • evictions
  • quality property maintenance & repairs at affordable rates

Wall Street Realty-Property Management

Wall Street Realty-Property Management was established in 1999, and provides excellent service for Homeowners Associations and income properties. The management company provides competitive management fees and outstanding quality services.

Wall Street Realty-Property Management’s duties while working with Homeowners Associations include:

  • sending monthly assessment bills
  • receiving checks and depositing into accounts of HOA’s
  • preparing monthly financial statements
  • working with Board of Directors
  • Common area maintenance
  • ensuring timely filing of taxes or proper extensions
  • direct relationships with attorneys

In addition to working with Homeowners Associations, Wall Street Realty-Property Management also manages income properties for Landlords, allowing them to manage time efficiently, meeting business or personal needs. Landlords are able to delegate tasks to Wall-Street Realty-Property Management, giving them the opportunity to handle other business matters or enjoy leisure time. Landlords have peace of mind, knowing their properties are being handled carefully.s3

No task is too big or small for Wall Street Realty-Property Management. This property management firm handles anything for their clients, from assembling a toilet paper holder, to changing the roof of a building.

These are just a few of the many property management firms in Santa Monica. They are sure to meet your real estate property management needs. They will work to make sure your real estate properties are respected and profitable.


How to Hire a Property Manager for Your Residential Complex

orlandovacation_propertymanagementIf you’re thinking of becoming an entrepreneur in the real estate area, the easiest way to do it is to buy a building and rent the apartments, or to buy several houses in the same area and transform them into a small residential area.

However, even if you do have the money to start such a project – and keep in mind that this requires a big enough budget to cover for all the expenses – you won’t have an easy time in managing everything. You know from your own experience that you have to pay the utility bills, but apart from this, you also need to make the needed repairs in case something goes wrong with the building.

In this case – if you’re thinking of buying a whole building or several houses – this will not be enough, because you will also need professional help in managing everything. All this can be easily done with the help of a property manager, so we’re going to teach you how you can find one to help you out when you need it most.


Search Online

This is the first step that you have to take in order to find someone specialized to provide these services for you (assuming that you already have the building and you can’t manage everything alone). Looking online will provide you with plenty of companies that offer you property management services in your area, so all you have to do is make a thorough research to choose the one that fits your needs best.

 


Each Company

When you take a look at their website, make sure you write down all the details that you consider important – since when are they offering their services, what is their portfolio, if the website is kept up to date, if they have contact information and so on. There are plenty of things that you’ll have to look, so if you think that the website is older or the information that they offer is not recent, you can go further and skip their site.


rent_03Contact

Once you’ve made a small list with those companies that seem to fit your request, you can call them and ask for a meeting. Usually, this is for free and they won’t charge you anything. You’ll need to make sure that they have an office or a headquarter – it proves that they are valid and they can be contacted not just by phone or email.


Details

When you meet out with any company, make sure they sent you someone who can give you all the details that you require. You need to talk with someone from the management, someone who knows what it’s all about and how this works. An assistant won’t be of much help to you, so if you see that this is happening (that they send you someone who is not specialized), you can skip that company too.


Portfolio

Ask them about the portfolio and their experience, which buildings do they manage and what their activity is. This is very important, because this will tell you exactly what you need to know. If they can’t give you these details or if they can’t answer the questions that you have about what they do and how they do it, then you can go to someone else.


Price

Last, but not least, it’s also the moment to discuss money. They can charge a price by the month – meaning a fix sum of money for each month of activity, or they can charge you based on what they are doing – if they are renting out the places, if they make repairs, if they do anything extra and so on.


prop_manThe Contract

If you decide on someone in particular, make sure you get a written contract. This is your best way of protecting your interest, so don’t forget to read out everything, especially what is written in fine printing.