Landlord Information
Have you ever wondered if a property management company would actually save you time and money or even a lawsuit? One month’s lost rent will more than pay for a year of management fees.
Whether your properties are Commercial or Residential, if you see yourself in any of the scenarios below, it’s probably time to hire a management company.
- Tenants are ruling you.
- Tenants are always late with the rent.
- You are frustrated with too many tenant phone calls.
- You wish to remain anonymous.
- You cannot find qualified, insured workers to do your repairs.
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- The bookkeeping is overwhelming you monthly and at tax time.
- You receive NSF checks from tenants.
- You live out of town.
- You inherited a rental property.
- Your property is not generating cash flow.
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Property Management Areas of Expertise
- Property Marketing and Presentation: Expose your property to the optimum available market at its highest practical rental value, using websites, newspaper ads, signs, flyers, waiting lists, etc. We offer a turn-key package utilizing our partner company Re/Max Defined. Re/Max Defined is a leading edge full service real estate brokerage that can expose your property for lease or sale better and more far reaching than most management companies can do on their own. Visit them at www.remax.com . We’re licensed Real Estate brokers, members of (MCAR) Michigan Consolidated Association of Realtors, (NOCBOR) North Oakland County Board of Realtors, MiRealSource and Realcomp (The two Multiple Listing Services) and the National Association of Realtors (NAR), and others. We are also online with all three credit reporting agencies
- Complete Tenant Screening: We use the most advanced methods available to find you the best possible tenants. Attracting qualified tenants using a thorough background check from credit and fico scores to rental history, employment records, eviction court and criminal records of all adults who will reside in your property. Our key to success is building strong relationships with our tenants and appropriately responding to maintenance and service requests.
- On-Site Management and Supervision: Our goal is to make our clients' properties a successful investment for them. By offering on-site management, we can better address our clients' needs by having a trained and qualified person(s) available to handle responsibilities such as meeting with prospective tenants, conducting showings, collecting and transferring applications, Maintaining an up-to-date inventory of personal items, perform exterior spot checks and follow up with professional move-in/move-out reports and handling phone calls including after-hours emergency requests. Property management is not just leasing a property to a renter and walking away or just collecting a rent check every month. Property management is the daily maintenance of the tenant-landlord relationship. Tenant-landlord relationship is very important to renting success.
- Maintenance: Perform routine preventative maintenance. Use controlled, supervised, well qualified and reasonably priced repairmen, thereby avoiding most emergency type repairs, which can be both costly and inconvenient and our maintenance workers can quickly ready a newly vacant unit for showings.
- Accounting: Keeping accurate records of all income and expenses that affect your property. Then generate an easy to follow monthly management report detailing tenant rent collections, receivables and a detailed expense breakdown with copies of all paid bills and direct deposits to your bank account, insuring timely receipt of their money!
- Insurance: We help you obtain adequate and cost effective protection against exposure to most hazards, thereby covering you, the tenant, and us for a wide range of losses caused by unintentional hazards or unsafe conditions on your property.
- Legal Updates: Because of our experience and vigilance in attending legal seminars, we are able to stay abreast of any new laws that may affect you.
- Investment Planning: Available to help you make the best decision regarding the proper time for a sale or new acquisition.
For additional information please contact us.