Benefits of Using Brickleys Property Solutions

1. Benefits of having the Services of Brickleys Property Solutions A competent property manager can add significant value to your investment, which is why many seasoned real estate investors will tell you that a good management company is worth their weight in gold. When you own and maintain an apartment complex, multiple living facility, or any type of building that is rented out there are so many things that have to go under consideration. From finding builders to overseeing homeowners associations there are many aspects to be taken into consideration. Let me explain... A qualified broker with Brickleys Property Solutions Nick Caffey suggests first of all you want to consult someone who knows what they are doing. A property management company can provide you with the expertise in the field that you may not be able to bring to the table. Representatives at every association meeting and residing over every decision can mean that your property is in good hands and will be taken care of by a professional. There is nothing that can replace experience. When you are well aware of how the inner workings of a system effect each other, then you can lend that area of expertise to those who need it; in this case, you! Here are the ways that Brickleys Property Solutions earns their keep: Higher Quality Tenants Think of tenant screening as the moat and draw bridge around your castle. It is certainly possible to get a bad tenant out of your home once they are in, but it’s a real hassle and you are so much better off never accepting them in the first place. A thorough screening process results in reliable tenants that: Pay on time Rent longer Put less wear and tear on the unit Generally cause less problems Brickleys Property Solutions an experienced property management company has seen thousands of applications and knows how to quickly dig for the real facts about candidates and analyze that information for warning signs. By allowing Brickleys Property Solutions to handle the screening, you will also be shielding yourself from rental scams directed at owners, and discrimination lawsuits resulting from an inconsistent screening process. This kind of experience takes time, and in so much as it means avoiding bad tenants, and

2. lawsuits it is arguably one of the most significant benefits a property management company will provide. Fewer costly and time consuming legal problems Veteran landlords know it only takes one troublesome tenant to cause significant legal and financial headaches. Brickleys Property Solutions is armed with the knowledge of the latest landlord-tenant laws and will ensure that you are not leaving yourself vulnerable to a potential law suit. Each state and municipality have their own laws, these plus federal law cover a number of areas including but not limited to: Tenant screening Safety and property conditions of the property Evictions Inspections Lease addendums Terminating leases Handling security deposits Rent collection Avoiding a single law suit can more than pay for the property management fees, and spare you time and anguish. Assistance with taxes Brickleys Property Solutions can help you understand which deductions you can claim, as well as organize the necessary forms and documentation to make those claims. Additionally, the property management fees themselves are also tax deductible Better tenant retention While it’s easy to see the effects of lost rent, there are other equally serious problems with a high tenant turnover rate. The turnover process involves a thorough cleaning, changing the locks, painting the walls and possibly new carpet or small repairs, not to mention all the effort associated with marketing, showing , screening and settling in a new tenant. This is a time-consuming and expensive process that can often be averted by keeping tenants happy and well cared for. Brickleys Property Solutions, a full service real estate and property management company located at 9680 Eagle Ranch Rd NW, Unit 6, Albuquerque, 87114 provides licensed property management services for Albuquerque, Rio Rancho, Corrales, Los Lunas, Bernalillo and surrounding areas. We specialize in managing single family residential homes but are happy to discuss your management needs for multi-family, apartment, and commercial properties.