Eviction
*INCLUDED
Because of our stringent tenant screening, evictions rarely happen. But rest assured PPMG will handle everything quickly and easily if an eviction becomes necessary.
Cleaning
*OPTIONAL
Let us handle getting your property ready for the next tenant. From trash-out to deep cleans, we can get your property tip-top to rent.
Marketing & Advertising
*INCLUDED
Printed and Virtual promotional material to advertise and list your property on the market.
Lease Drafting
*INCLUDED
PPMG Leases are lock-tight, drafted by leading real estate attorneys, and cover all the bases to protect owners and their properties from any and all legal issues.
Tenant Screening
*INCLUDED
Comprehensive and thorough Tenant screening including global credit and background checks.
Building & Landscape Maintenance
*OPTIONAL
Rather not field calls to the plumber or cut your properties grass every week? Let our full service team handle everything from building to lawn maintenance.
Property Acquisition
*OPTIONAL
Searching for your first investment property or more investments? Let our experienced team of realtors help you find your next money making venture. Our realtors are finding and qualifying low risk investments everyday and can easily match you with an investment property that's right for you.
Rent Collection
*INCLUDED
Never worry about collection, late payments or fee collection again. Simply sit back and watch the money roll into your account.
Annalytics & Efficacy
*INCLUDED
Monthly analytical reports and financial statements of your regional and property performance.
50 years of
COMBINED EXPERIENCE
We have the know-how you need.
Is a Property Management Company Right For Your Real Estate Investment?
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Property management - also known as real estate management or rental management - is best for owners of real estate who want professional help overseeing the financial, marketing, and maintenance of a property.
The property manager shoulders the responsibility of handling the day to day tasks of finding and screening qualified tenants, executing leasing or rental agreements, collecting rents, handling tenant complaints or legal issues such as evictions, building maintenance and repair, as well as a complete financial accounting and reporting to the property owner.
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3 Signs You Might Need a Property Manager
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You have a general lack of experience or knowledge of all the aspects related to managing a property
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You're concerned about the amount of time you have to invest in managing, marketing and maintaining the property
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You can't personally oversee the property due to the distance between the rental property and your personal home
Property owners who place a premium on their time are the one's who often see the greatest return on their investment in a property manager. The key is to choose a property manager who specializes in your specific type of property, and offers management services to fit your unique needs. Property managers specialize in one or more the following property types listed below. If you're curious how else a property manager can help keep your property(s) rented, check out 10 Reasons to Hire a Property Manager.
10 REASONS
TO HIRE A PROPERTY MANAGER
If you've owned income property for any length of time, you know that managing a rental can be financially rewarding. At the same time, you've also likely discovered that property management requires a large commitment of time and effort.
While it may make sense to take the do-it-yourself approach if you're a handy person, live close to your property, and don't mind devoting several hours per month to the task, in many cases this just isn't practical---especially if you hope to expand your business. With this in mind, here are some critical tasks a property manager can help you with:
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RATES Setting the right rental rates: While looking through the classifieds to see what other landlords are charging for similar properties is a fine way to ballpark your rent price, a good property management company will conduct a thorough market study in order to set a rental price for your property, ensuring that you achieve the perfect balance between maximizing monthly income and maintaining a low vacancy rate.
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COLLECTING Collecting and depositing monthly rent payments on time: If you've ever worked in a billing department, you know that securing payment from clients can be difficult, not to mention awkward. Property management companies have efficient, tried-and-true systems in place to effectively collect rent and maintain on-time payments. You'll find this particularly important if you have a limited number of properties, and collecting payments on time is crucial to maintaining your cash flow.
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MARKETING Marketing and advertising your property: Through experience, a property manager will know exactly where to market your property and how to craft compelling advertising materials---a significant advantage when it comes to filling your properties quickly and avoiding long vacancies.
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SCREENING Finding the right tenants: Experienced property managers are experts at finding good tenants, and will take care of all the details, including the securing all criminal background and security checks, running credit reports, verifying employment, and collecting previous landlord references.
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MANAGEMENT In addition to finding good tenants, a property management company will manage all aspects of the tenant-landlord relationship. The property manager will handle both routine and emergency maintenance, take care of routine inspections, and manage any situations where conflict resolution is required.
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VENDORS Property management companies have relationships with maintenance workers, tradesmen, contractors, suppliers, and vendors that it's almost impossible for an independent landlord to duplicate. Not only will your property manager get you the best work for the best price, they'll oversee any necessary maintenance projects, and managing vendor relationships.
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LEGAL Ensuring that you're in compliance with housing regulations and property laws: There is a multitude of applicable laws and regulations to abide by when renting and maintaining your rental property. These include local, state and federal regulations, as well as fair housing regulations (such as the ADA). A property manager can help you avoid lawsuits by keeping your property up-to-date and in compliance with these regulations.
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RANGE Enabling you to invest in geographically distant properties: If you manage your own properties, you're pretty much limited to investment opportunities within a tight radius of your own home. By hiring a property manager, you can take advantage of investment deals in any location you wish.
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TIME Maximizing the profitability of your time: By having a property manager take care of the day-to-day aspects of running your income property, your free to spend your time identifying further investment opportunities or otherwise furthering your career.
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PROFIT Maximizing the profitability of your money: Most property managers charge a percentage of your property's monthly rental rate in exchange for their services. The rate typically runs anywhere from 6-10%, which is generally less than the money you save by hiring a professional to take care of your property.
Tenant Screening
Comprehensive Tenant Screenings including online applications, income verification and thorough credit & background checks.