↑ Return to Resources

Landlord’s FAQ

Why do I need a property management company?
How much of my time would be required once we hire Property MGMT Services, Inc?
How are my tenants selected?
Can you help me find a responsible resident manager?
How are maintenance requests handled?
What about my bookkeeping and financials records needs?
I just bought an income property and I’m not sure what I need.  Can you help?

 

Why do I need a property management company?

Successful property management is the most difficult part of owning commercial or rental property. The rewards of ownership are often overshadowed by the obligations of day-to-day management. Small problems not quickly attended to can become major problems. Fixing leaks, evicting bad tenants, chasing bounced checks and dealing with rent control boards can be frustrating and confusing. Moreover, professional property management can maximize the income of your property (thereby increasing its value) while controlling expenses utilizing the most efficient methods available.    [Return to Top]


How much of my time would be required once we hire Property MGMT Services, Inc?

You determine your level of involvement. Our property management professionals make recommendations based upon an objective analysis of your property’s needs. Thereafter, you can decide what level of involvement you want to have in addressing a given issue or ongoing protocol.    [Return to Top]


How are my tenants selected?

We carefully screen all rental applications. Our management company is a member of various credit reporting agencies that provide us with a complete rental and credit history for each prospective tenant.    [Return to Top]


Can you help me find a responsible resident manager?

Yes, we can. Through our wide range of contacts and advanced sourcing techniques, we can match your property’s on-site management requirements with the best person to manage the property.    [Return to Top]


How are maintenance requests handled?

Maintenance of your property is ongoing. Our plumbing, electrical, mechanical and general maintenance staff is available to you and your tenants 24 hours per day.    [Return to Top]


What about my bookkeeping and financials records needs?

Our software capabilities include tenant billing, rental history, accounts receivable, accounts payable, payroll, and general ledger. We provide our clients with an easy to read set of financial reports each month summarizing the month’s activities.    [Return to Top]


I just bought an income property and I’m not sure what I need.  Can you help?

Yes. A simple analysis can provide you with suggestions that will help you protect your investment. Your goal should be to make your property investment grow to its fullest potential. We’ll show you how this can be accomplished – it’s a lot easier than you may think.    [Return to Top]