email@example.com to discuss
firstname.lastname@example.org to discuss
Make sure the company has a fidelity bond to insure against loss due to employee dishonesty. Coverage for forgery and alterations is also important to protect against loss. The staff should be knowledgeable of loss-prevention and risk-management programs.
Property management companies can offer an array of services, including management planning, financial reporting, market rent analysis and lease negotiation, to name a few. Determine what services your business needs. That information can help you draw up the best management agreement for your property.
A management company’s expertise should fit your needs. Does it have experience solving your sort of problem, such as a maintenance or vacancy issue? Has it managed your type of building, be it an office or housing complex? Find out what other properties the company manages, how long it has managed those properties and what the results have been.
Possible fee structures include the following: management fees, generally based upon a percentage of collections; percentage fees, which can be based on different portions of income; and flat fees, or a flat fee plus a percentage of income.
For the additional 5 points, click here for full article
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Sand Dollar Premier Property Management of Sarasota is an independently owned affiliate office of Triton Property Management, Inc., offering residential property management and leasing services, including the following:
Rental market analysis and pricing
@ Finding and screening tenants
@ Completing lease agreements
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@ Preparing monthly owner statements
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@ Regular video inspections with written reports
@ Processing evictions when necessary
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Sean Dreznin from Ian Black Real Estate successfully closed the sale of 2 additional apartment buildings in St. Petersburg, FL
Sean Dreznin simultaneously closed the purchase and sale of The Casa Grande Apartments and the Queen Anne Apartments this past week.
Led by Sean Dreznin, the 22-unit Casa Grande and the 18-unit Queen Anne seamlessly closed.
The buyer was completing a 1031 exchange and the sellers had enhanced and stabilized the property before bringing it to market.
Please contact Ian Black Real Estate and the multi-family team for all your Apartment and Investment Goals!
Sean Dreznin – (941) 961-8199 email@example.com
Property Management done well
By: Mark Gordon | Deputy Managing Editor
via Business Observer (original article 2010)
In most cases, no one knows a property better then the property manager. This is the case with Ryntal.
Chris Abbott went in several entrepreneurial directions in 2004 after his U.S. Army tour ended.
He became an inventor, a software developer and a commercial real estate investor. He also worked in land development for some of the Gulf Coast’s most respected homebuilders and developers.
But it turns out Abbott’s best directional decision, so far at least, was to start a multi-family residential and commercial property management company amid a crippling recession.
That company, which Abbott founded as a one-man show in October 2008, is now poised for a growth spurt. The Review first profiled Abbott and the company, Ryntal Property Management, in its special issue on young entrepreneurs last year. (See Review, 1/23/09.)
Ryntal has since hired eight employees, with plans to bring on four more inside office clerks and 12 additional rental agents this year. Abbott, 32, projects Ryntal will reach at least $600,000 in revenues in 2010, when it will also open two retail apartment rental stores.
Abbott even recently brought on a business partner, a CPA and former accounting executive with several international construction and real estate firms based in the Washington D.C. area. The partner, Tom Wagenhauser, joined the company last year.