WHAT EXACTLY DOES A PROPERTY MANAGEMENT COMPANY DO?
Alltrade is a property management company that will help you maximize profit. We provide you with a network of professional expertise so that you will feel secure and supported in your investment.
We want to help you manage your property stress-free.
Here are some of the ways a property management company can help you:
A property management company knows the importance of finding the right tenant for your property. It’s important to have reliable and qualified renters. We know how to conduct an fair screening process so that you know that qualified residents are living in your unit.
Our screening process includes looking at background checks of an interested tenant, following up with previous rental references, credit checks and analyzing an applicant’s ability to pay rent based on their income. Alltrade wants to help you find the right tenant.
MARKETING AND ADVERTISING
A property management company specializes in knowing how to reach the right market for your property. They will use multiple platforms to display your listing. They also know how to market it efficiently and with the right promotional material.
It’s critical to fill your unit quickly and with the right renters. An empty unit is a loss of profit for you. Alltrade has a team of professionals who will help you fill your units in a timely fashion.
A property management company will also look at marketing trends and target the right demographic for your property. Alltrade designs marketing plans for all our clients that are catered to the specifics of their property. We will then use the right platform and marketing channel to get your property advertised to the right people.
We will also put up the yard signs and post your ad online. We want to create the best rental advertisement, therefore we hire aim to have quality photos and 3D tours for our ads. This kind of quality goes a long way within the market!
MAINTENANCE, REPAIRS, REQUESTS AND COMPLAINTS
Handling repairs and responding to requests are some of the most time-consuming tasks that come with being a landlord. A property management company will respond to your tenants’ needs so you are not always on call.
We will respond to your tenants’ late and emergency calls. We can do the heavy lifting for you.
It can be challenging to find efficient and affordable contractors to complete your repairs. We also have reliable contractors who we employ to do the maintenance of your property and respond to your tenants’ needs.
ORGANIZING TENANT MOVE-IN
A property management company is there to ensure that a move-in is effective and efficient. This will benefit both you and your tenant.
Alltrade will handle the lease signing.
We will discuss policies and make sure that everything is signed and dated correctly. We will also collect the security deposit.
Alltrade prepares the unit for the tenant. It will be clean and tidy for their move in.
We will also be there to welcome tenants and give them the proper keys when they move in.
MANAGING THE MOVE-OUT PROCESS
A property management company is also there to conduct a stress-free move-out process for both landlord and tenant alike.
Alltrade will provide renters with the damage charges that have occurred over their rental period. We will also handle the return of the tenant’s security deposit within 30 days as dictated by landlord tenant laws.
We will ensure that the property is clean and that everything is in working condition upon your tenant’s exit. This will allow us to prepare your property for future marketing.
We will also change the locks between tenants.
Rent collection is one of the most time-consuming tasks for a landlord. Alltrade will accomplish this stressful task for you.
We will develop a variety of payment methods so that your tenant will not miss or neglect a payment. We will also enforce late penalties per the lease agreement and will work with residents via various collection strategies. This way you don’t have to worry about being the “bad guy.”
Alltrade is also here to do the difficult and sometimes messy task of managing and processing evictions.
Completing correct property inspections is a time consuming yet necessary task for any landlord. They help you avoid long-term problems, as you will catch minor and major issues before they completely drain your wallet.
Alltrade will look at the exterior and interior of your property. We look for damages and are then proactive in fixing them.
We will also make sure that your property has “curb appeal” and check up on the landscaping. We know it’s important that your property looks as good on the outside as it does on the inside.
Keeping track of documentation can become a headache, especially if you have multiple units. Alltrade will do the bookkeeping for you.
We will keep track of your account expenses.
We will track your damage repairs and maintenance costs. We will provide you with monthly and annual financial statements. We will also track your rental payments and keep track of your utility and insurance costs.
We will keep track of everything for you so you can avoid the stress of bookkeeping!
A property management company also has an understanding of the sometimes vast landlord-tenant laws. We will ensure that you avoid any legal issues by providing you with all the information you need.
It’s important to find the right property management company for your property. Do your research! Alltrade is here to help you manage your property stress-free and to maximize your profit.
If you’d like to know more about working with Alltrade, we are just a call or a click away.