There’s a popular belief that you can build wealth while you sleep once you acquire a rental home. The fact is that it isn’t as simple as that. You will need to handle leasing, maintenance requests, accounting, and other associated issues after buying a property.
We take these responsibilities off your plate by working with Plainsview Properties Management, allowing you to focus on what you love while having peace of mind that your investment is being looked after.
Repair and maintenance costs might pile up, eating into your profit margins. You may be certain that your home will be maintained by a large network of competent providers with the most competitive pricing as a result of working with Plainsview Properties Management. In addition, you will be able to monitor real-time maintenance hours via our online owner portal, so that you can be sure that your home is always well-maintained.
Plainsview Hamilton Property management is a specialized type of property management that focuses on managing commercial retail properties such as shopping centers, malls, and other retail spaces.
The main responsibilities of a condo and co-op property management company include managing the day-to-day operations of the property, enforcing the rules and regulations established by the HOA or co-op board, and maintaining the property to ensure it is attractive and functional for residents. This can include tasks such as handling maintenance and repair issues, collecting monthly assessments and other fees, enforcing parking regulations, and providing a high level of customer service to residents.
Multi-family rental property management is a specialized type of property management that focuses on managing multi-unit residential properties such as apartment buildings, duplexes, triplexes, and townhouses. The main responsibilities of a multi-family rental property management company include finding and signing leases with tenants, managing the day-to-day operations of the property, and maintaining the property to ensure it is attractive and functional for tenants.
The main responsibilities of a property management company can vary depending on the type of property being managed, but generally include:
Marketing and leasing: Finding and signing leases with new tenants, and advertising and showing available units to potential tenants.
Tenant relations: Managing tenant relations, addressing complaints, and enforcing the terms of the lease agreement.
Financial management: Preparing and managing the budget, paying bills, collecting rent and other fees, and handling any necessary tax paperwork.
Maintenance and repairs: Handling maintenance and repair issues, coordinating with contractors and vendors, and ensuring that the property is in good condition.
Legal compliance: Ensuring compliance with local, state, and federal laws and regulations related to housing, rent, security deposit, and evictions.
Security: Ensuring the security of the building and common areas.
Cleaning and upkeep of common areas: Keeping the common areas clean and well-maintained.
Management of any other amenities or services: Managing any other amenities or services that the property may offer.
Communication and reporting: Keeping the property owner informed and providing regular reports on the property’s financial performance and other relevant information.
Risk Management: Identifying and mitigating risks to the property and its residents.
Overall, property management companies aim to help the property owner maximize the return on their investment while minimizing the time and effort required to manage the property.