Selecting a property management company is one of the most critical decisions a thriving real estate investor can do. While the management fee will range, it should not be the final part when determining who to choose. It is the value that owners receive for that fee, rather than the dollar amount itself, that matters in the end. There are notable advantages to booking a Lincoln Park property management firm that administers quality services, industry contacts, and flexibility across office locations nationwide. These duties and more are what makes Real Property Management Chicago Edge an outstanding choice for investors of all sizes.
There is a general notion that the purpose of a property management company is to locate tenants for a rental property, receive rent and then manage a few tenant-requested improvements. While these are parts of the job, authentic property management entails so much more. For example, a quality property management company should be able to use proven tools and systems to both protect you and your investment as well as maximize your rental’s profitability.
At Real Property Management Chicago Edge, we operate alongside property owners to curate cost-effective maintenance and restorations, overseeing the state of the property thru the year. Using our proprietary tools, we will help property owners determine the best monthly rental rate for their properties, to find and retain quality tenants for each one. We use a proprietary system for tenant placement that includes a rigorous screening process to helps ensure quality tenant placement.
Not all property managers have the skill and proficiency in commanding the rare circumstances, such as evictions, accessibility concerns, and the death or divorce of a tenant. Professionalism and expertise are never an issue when you are aligned with Real Property Management Chicago Edge. Our offices are provided with streamlined, automated systems for collections and evictions that ensure the process is completed efficiently and in compliance with all laws and codes. Each office also has expertise in Landlord/Tenant law, the Federal Fair Housing Act, licensing, insurance, and more.
One piece of property management services that are frequently dismissed is the company’s capacity to provide an excellent connection and access to financial data. As a property owner, communicating with your property management company is an essential part of protecting your investment. Most property management companies will produce financial statements quarterly, sometimes monthly. But at Real Property Management Chicago Edge, property owners have a way to a secure online account where notifications and financial statements are always available. This makes keeping tabs on your Lincoln Park property simple to do from just about everywhere.
Obviously, having a regional facility to visit or call is necessary, too. Many property management companies have one or two locations and operate properties within a small radius of their office. Some investors hire multiple property management companies to help them grow their investment portfolios, which limits their investment opportunities to one area. But it doesn’t need to be that way. With hundreds of offices across the nation, Real Property Management Chicago Edge is your local office no matter where you purchase rental properties. If you would like more information, please contact us online or by phone at 773-904-7700.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.