Frequently Asked Questions
You can use this guide to familiarize yourself with rules, laws and other important information relating to your property.
Property management involves the supervision, maintenance, and operation of real estate properties, including residential, commercial, and industrial properties.
Property management companies offer a range of services, including tenant screening and placement, rent collection, lease agreement drafting and enforcement, maintenance and repair management, property inspections, financial reporting, and legal compliance.
Property management companies typically charge a percentage of the monthly rent or a flat fee for their services. The percentage typically ranges from 8% to 12% of the monthly rent, depending on the location and type of property.
Yes, property management companies typically offer tenant screening services, which can include background and credit checks, employment verification, and rental history verification.
Hiring a property management company can save landlords time and stress by handling tasks such as tenant screening, rent collection, and maintenance. Property management companies also have the expertise to handle legal and financial matters related to real estate properties.
Legal issues in property management can include tenant disputes, lease violations, and eviction proceedings. Property managers should have a thorough understanding of these issues and work with legal professionals when necessary.
The role of a property manager is to oversee the daily operations of a real estate property, including tenant relations, maintenance and repair, financial management, and legal compliance. Property managers are responsible for ensuring the property is well-maintained and profitable
Property management companies typically have a network of contractors and vendors to handle maintenance and repairs. They will coordinate with the landlord and the tenant to schedule repairs and ensure they are completed in a timely and cost-effective manner.
A property manager is a professional hired by a landlord to manage their real estate properties, while a landlord is the owner of the property. Property managers handle day-to-day operations, while landlords are responsible for the overall management of their real estate investments
