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 Realty Executives Stoney Creek. Realty
Executives Stoney Creek 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.stoneycreekteam.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.