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Services Offered by a Rental Property Management Company in Westchester.
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Services Offered by a Rental Property Management Company in Westchester
A property owner who does not want to be involved in the day-to-day management of a property may benefit from a property management company. Property managers can also prove invaluable to owners that live far away from their rental properties.
Owners who desire to rent their properties to tenants may use the services of a rental property management company. Residential or commercial property owners may hire property management companies for a variety of reasons. Following are the services provided by rental property management company in Westchester.
Property Evaluation • Perform detailed documentation of the interior and exterior including photos • Offer recommendations on repairs and cosmetic improvements that maximize monthly rent. • Gather data on rental rates in the area and work with owners to determine the optimal rental rate.
Market the Property • Create smart ads to advertise the property. • Work with other realtors and leasing agents to find a tenant.
Tenant Screening and Selection • Perform a background check to verify identity, income, credit history, rental history, etc. • Grade tenant according to pre-defined tenant criteria.
Tenant Move In • Draw up leasing agreement. • Confirm move in date with tenant. • Review lease guidelines with tenant regarding things like rental payment terms and required property maintenance. • Ensure all agreements have been properly executed.
Rent Collection • Receiving rent. • Sending out pay or quit notices.
Maintenance and Inspection • Perform periodic inspections on a predefined schedule looking for repair needs, safety hazards, code violations, lease violations, etc. • Send owner periodic reports on the condition of the property.
Tenant Move Out • Clean unit and perform the repairs(if any). • Re-key the locks. • Put the property back on the market for rent.
Real Property Management Whether you need property management services for a single home, multiple homes, an apartment complex or a far-reaching institutional portfolio, the goals of property management companies are the same: to keep your property consistently filled with reliable tenants and to get the best return on your investment.
Contact Us: Real Property Management, Westchester Add: 777 Westchester Avenue, Suite 101 White Plains, NY 10604 Ph. No.: (914) 288-6023 E-Mail:info@realpropertymgt.com www.westchester.realpropertymgt.com