![]() What is Property Management? A property manager is a very valuable asset to have, anyone who owns multiple homes, a large property such as an apartment complex or a commercial office building. With property management, you will have a professional organization that takes responsibility to upkeep your property without hassle, to complete a task for you and provide you with many benefits. Whether you own a commercial or residential property, a management company allows you to ensure that your property is well maintained and protected. Why should you hire us? As a Property Management in Waltham, MA, you hire us to reduce your headaches and safeguard your real estate investment. We make sure that your real estate management is handled with utmost care and all aspects of building maintenance, large or small is taken care. We have our in-house staff of experienced handy persons as well as a roster of external licensed contractors available round the clock. We make sure all issues are taken care of, before they become big, and if larger or more specialized projects come up, our of trusted independent contractors are ready to tackle any issues. Apart from regular maintenance while you own the property or rent it, we also work with you to get your property "market ready". We also work with real estate agents for making houses ready for sale or inspection when its time to rent or sale your property. Such upkeep gives you an edge in this competitive real estate market, keeping you a step ahead from competition. Using us as a management organisations for your property will allow you to fulfill a number of important objectives as a property owner. We help you make more money for what you spend, manage tenant maintenance issues more easily. We manage properties can also help owners maximize their rental income, cope with issues and limit their overall liability. There are a number of services that our property management company provide for property owners. These include maintenance, repair work, plumbing and electric services and landscaping services. Each of these services help property owners more efficiently maintain their properties and ensure that it keeps and increases its overall value. We make sure you have a hassle free experience for your any maintenance related property issues. |
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FACILITY MANAGEMENT
One of the primary services that our company is to provide facility management. A company that will oversee all of the basic operations that include meeting with prospective tenants, on call. Our basic operations include but not limited to. Facility management also entails assisting tenants who have issues about the property and who need assistance from the staff.
- Landscaping
- Painting
- Cleaning
- Power washing
- Door lock changes
- Junk removal
- Property Clean out
- Patching holes in walls
- Checking smoke alarms
- Heating and plumbing issues
MAINTENANCE
Another service that property management companies provide is maintenance. A company provides a number of maintenance tasks such as changing air conditioning filters, changing lighbulbs and installing fixtures. These are the most common home maintenance services that help tenants save time and keep the property intact. Along with home maintenance services, property management companies also maintain the outside of the property by eliminating debris and fixing building structures.
CONCIERGE
A concierge service can be provided by a property management company as well. With a concierge service, a residential or commercial building can complete tasks for the tenant. Some of these tasks including making an emergency call. An emergency call can be made in order to address something such as getting an injured or ill person to a hospital or making or making an emergency repair.
FACILITY MANAGEMENT
One of the primary services that property management companies provide is facility management. A company will oversee all of the basic office operations that include meeting with prospective tenants, processing rent applications, collecting rent payments, prorated rents and also handling office tasks such as filing documents and tracking financial transactions. Facility management also entails assisting tenants who have issues about the property and who need assistance from the staff.
HANDLE TENANT'S CONCERNS
Using property management companies provides assistance with tenant disputes. A company will have staff members available to help tenants resolve problems that they have with their unit. This can include getting assistance with fixtures that aren't working. It can also include getting information about amenities such as the pool, fitness center or laundry room.
USING PROPERTY MANAGEMENT COMPANIES
Anyone who owns a property such an office building or an apartment complex, multiple homes will benefit by our property management companies. We will provide property owners with a wide range of services that ensure that your properties stay in good condition and that remain valuable. The use of property management companies allow owners to save a lot of time and eliminate many of the hassles that owners of smaller properties usually have to cope with.
For those who own properties, they will want to get the services of management companies as soon as possible. Our property management companies will make it much easier to handle the property and make sure that they get a solid return on their investment. In order to get property management services, all a property owner needs to do is make a phone call or send an email and begin the process of getting this valuable assistance immediately. Please call us to set up an appointment now!
For those who own properties, they will want to get the services of management companies as soon as possible. Our property management companies will make it much easier to handle the property and make sure that they get a solid return on their investment. In order to get property management services, all a property owner needs to do is make a phone call or send an email and begin the process of getting this valuable assistance immediately. Please call us to set up an appointment now!
Reasons for Hiring Property Management Firms
Landlord looking for tenants hire property management firms for various reasons. Some owners may have many rental properties but lack the time or expertise to maintain the properties. While others own several properties as a side hustle and need professional help to maintain multiple properties, while some wants to make sure a guaranteed rent. If you own a condominium, we can take care of the condominium cost, keep track of differences between costs and fees for your records. Basically, absentee landlords can enjoy the fruits of being property owners by delegating the job to any such Waltham property and concierge service companies, its home management without you being around.
We provide a wide range of concierge services, anything from basic bill pay to private home management. We take pride in delivering these specialized jobs with a team that values hard work, trust and confidentiality. We proudly offer a refined level of personal assistance to our clients; no request is too large or small for us to take make sure everything is executed properly and to our client’s specific requirements.
Landlord looking for tenants hire property management firms for various reasons. Some owners may have many rental properties but lack the time or expertise to maintain the properties. While others own several properties as a side hustle and need professional help to maintain multiple properties, while some wants to make sure a guaranteed rent. If you own a condominium, we can take care of the condominium cost, keep track of differences between costs and fees for your records. Basically, absentee landlords can enjoy the fruits of being property owners by delegating the job to any such Waltham property and concierge service companies, its home management without you being around.
We provide a wide range of concierge services, anything from basic bill pay to private home management. We take pride in delivering these specialized jobs with a team that values hard work, trust and confidentiality. We proudly offer a refined level of personal assistance to our clients; no request is too large or small for us to take make sure everything is executed properly and to our client’s specific requirements.
Property Management in a COVID pandemic world
In a span of few months, our lives and profession has undergone tremendous change and we all are evolving with the changes, of a pre and post covid world. The business of property management is no different. Some useful links that can help, here are some of the key points that we feel you should be aware as landlords and home owners.
- Continue to maintain social distancing, as property managing company, we are operating on a pandemic process.
- Most of our work is online
- Performing only emergency repairs, maintaining safety of our staff and tenant
- Be aware of local and modified property regulations.
Frequently asked questions for Rental Property and Property Management
Rental property is often a passive income stream, however it comes with its set of caveat, maintaining a property hassle free, needs effort. To make sure the experience of owning additional properties is pleasant, we either have to be on top of things or hire a reliable Property Manger. We at Property Management will get you up to speed on keeping with you maintenance, rent collection, rent collection, litigation etc. We support all single family, multifamily, condos.
What are the responsibilities of a Manager taking care of your property?
We serve Waltham and all neighboring cities like Lexington, Weston, Watertown and different cities of Middlesex county and beyond, our job primarily are but not limited to,
How do we manage tenants?
Connecting with a right kind of tenants is half the battle won when its comes to rental property as a passive income stream. We at Property Management, take time to screen the right kind of tenant. Our screening process include credit checking, background checking, and references if available. We help you choose high quality tenants. After a tenant is found, we make sure we have a high retention rate, by addressing tenant issues proactively, following up, regular inspection of property, perform routine check up. Managing tenants is a people skill to a great extent, we will give you that assurance that your interaction with the tenant is minimal, and all needs on the tenant side is taken care off.
What happens in case of non payment of rent?
One big concern as a landlord is non-payment of rent. This can be a major hassle when tenant doesn’t pay rent on time. Reminders and accepting online payments is a great way to reduce such risk. Avoiding evictions that dents your pocket is always a profitable choice. If however all measures fail and you need to start an eviction process, we are there to help in every state of the way.
How a rental property becomes profitable?
Tenant turnover is one very important factor to make your rental property profitable. Long terms renters are always a plus, the more frequent the tenant turnover, the lesser the profit margin. Screening lucrative renters, keeping them happy and catering to their needs and maintaining the property well, are other key factors. Strategic but economical upgrades such as stainless steel appliances can make your house look upgraded and well maintained, that will also be factors to attract profitable renters. We also educate you in dealing with tenants, by making you aware of landlord tenant laws. This includes the federal Fair Housing Act as well as state and local regulations. Maintaining property well yields you profit long term, taking care of small issues and keeping insurance in place, can prevent thousands of dollar future potential expenses.
What can yield higher rent?
Remodeling your property with cost effective upgrades like steel appliance, upgraded, counter tops, new carpet or a new bathroom can rope in higher rent. Inspections every three to six months keeps issues in check and fix smaller damages.
How to hire a Property Manager?
The choice to hire a property manager is an important one. If you are out of state, the choice becomes more crucial. A company with repute and significant clientele, should be the choice. We at property management, can provide references and properties we manage currently. A property manager can be a time saver, and giving you a hassle free experience for your rental property.
How much do rental property managers charge?
Estimates that property management fees range from 8-12% of monthly rent, and sometimes charge a leasing fee of up to a month’s rent.
Rental Pricing and Expectations
A property ready to be rented out, an important factor to bring a rental onboard soon, is to do a market research and set up a competivitive rent. We at Property Mangement help you accomplish that by researching similar properties available in the market. Set up a rent according property condition, median income and average price of other similar rentals.
We help you connect to lucrative high retention renters by doing:
Rent Collection, Raising Rent and Late Fees
Rent collection will be our responsibility if you decide to hire us. You can either choose a direct bank recurring transfer from your renter, a check sent out, or we can also collect the check on your behalf. Due to inflation, there is always a small percent rent increase, specially for long term renters, who continue to live for years, such increase will be contractual and with consent of both parties. Late fees are also decided as per industry standards and consent of both parties. Enforcing a clear late fee policy, help to ensure renters are on time which can be indicative of rent they cannot afford.
Who takes care of the Accounting
A very key aspect of maintaining a rental property is accounting. We at Property Management take of of this, we will provide you all necessary tax related documents, maintain an account of expenses, ensure maximum deductions. It’s time to hire the best Property Manager, just call us @781 209 6138
What are the responsibilities of a Manager taking care of your property?
We serve Waltham and all neighboring cities like Lexington, Weston, Watertown and different cities of Middlesex county and beyond, our job primarily are but not limited to,
- Finding and Maintaining Tenant :
- Overall through maintenance of your property
- Taking care of all rent collection and litigation.
How do we manage tenants?
Connecting with a right kind of tenants is half the battle won when its comes to rental property as a passive income stream. We at Property Management, take time to screen the right kind of tenant. Our screening process include credit checking, background checking, and references if available. We help you choose high quality tenants. After a tenant is found, we make sure we have a high retention rate, by addressing tenant issues proactively, following up, regular inspection of property, perform routine check up. Managing tenants is a people skill to a great extent, we will give you that assurance that your interaction with the tenant is minimal, and all needs on the tenant side is taken care off.
What happens in case of non payment of rent?
One big concern as a landlord is non-payment of rent. This can be a major hassle when tenant doesn’t pay rent on time. Reminders and accepting online payments is a great way to reduce such risk. Avoiding evictions that dents your pocket is always a profitable choice. If however all measures fail and you need to start an eviction process, we are there to help in every state of the way.
How a rental property becomes profitable?
Tenant turnover is one very important factor to make your rental property profitable. Long terms renters are always a plus, the more frequent the tenant turnover, the lesser the profit margin. Screening lucrative renters, keeping them happy and catering to their needs and maintaining the property well, are other key factors. Strategic but economical upgrades such as stainless steel appliances can make your house look upgraded and well maintained, that will also be factors to attract profitable renters. We also educate you in dealing with tenants, by making you aware of landlord tenant laws. This includes the federal Fair Housing Act as well as state and local regulations. Maintaining property well yields you profit long term, taking care of small issues and keeping insurance in place, can prevent thousands of dollar future potential expenses.
What can yield higher rent?
Remodeling your property with cost effective upgrades like steel appliance, upgraded, counter tops, new carpet or a new bathroom can rope in higher rent. Inspections every three to six months keeps issues in check and fix smaller damages.
How to hire a Property Manager?
The choice to hire a property manager is an important one. If you are out of state, the choice becomes more crucial. A company with repute and significant clientele, should be the choice. We at property management, can provide references and properties we manage currently. A property manager can be a time saver, and giving you a hassle free experience for your rental property.
How much do rental property managers charge?
Estimates that property management fees range from 8-12% of monthly rent, and sometimes charge a leasing fee of up to a month’s rent.
Rental Pricing and Expectations
A property ready to be rented out, an important factor to bring a rental onboard soon, is to do a market research and set up a competivitive rent. We at Property Mangement help you accomplish that by researching similar properties available in the market. Set up a rent according property condition, median income and average price of other similar rentals.
We help you connect to lucrative high retention renters by doing:
- Credit and background check
- Ask for references
- Meet in-person
Rent Collection, Raising Rent and Late Fees
Rent collection will be our responsibility if you decide to hire us. You can either choose a direct bank recurring transfer from your renter, a check sent out, or we can also collect the check on your behalf. Due to inflation, there is always a small percent rent increase, specially for long term renters, who continue to live for years, such increase will be contractual and with consent of both parties. Late fees are also decided as per industry standards and consent of both parties. Enforcing a clear late fee policy, help to ensure renters are on time which can be indicative of rent they cannot afford.
Who takes care of the Accounting
A very key aspect of maintaining a rental property is accounting. We at Property Management take of of this, we will provide you all necessary tax related documents, maintain an account of expenses, ensure maximum deductions. It’s time to hire the best Property Manager, just call us @781 209 6138
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