Property Management Services
Today, in a globalized world or rather a global village, there is essentially a need for the property owners to have a representative who will manage their earning assets in all manners possible. And we at M4 Estates do just that and a lot more. We manage properties in entirety including the legal, financial and physical aspects. Here is a core list of services that we as a property management company provide.
We take this as the first step to ascertain the correct property valuation and type to conclude the achievable rent for this fixed asset based on the property type, location and the current market trends.
Setting the rent
A rent survey is performed by our team members where at least 10 or more recently rented comparable units are located and used in conjunction with other factors to determine the maximum rent that can be charged.
This consists of creating ads, placing them online and offline, showing the unit and screening all applicants. These are essential tasks that can make or break your investment. Better advertising means shorter vacancies and better screening means tenants who stay longer and cause fewer problems. This also includes a search in our vast database to locate a viable occupant to your property.
This could also be called chasing rent. It’s not real hard to collect checks that are sent on time each month, it’s getting tenants to pay on time and dealing with them when they are delinquent that can require significant time and effort and timely follow up.