tenant management

One of the best methods to keep your apartment or mixed use building investment profitable and increase its long term value, is to be constantly vigilant about keeping your tenants satisfied. Satisfied tenants tend to stay longer and thus they reduce turnover and your costs. Many individual owners of apartment buildings make the mistake of lowering the rent of their apartment buildings because they erroneously believe that lower rents will keep their apartment buildings full and turnover lower

Through Property Asset Management experience in the market we find that in reality, most people chose to stay at an apartment building because they are happy where they are. The price of the rent being paid by the tenant is important, but it is only one of many factors that will contribute to his or her decision to stay and renew their lease. Apartment building owners can maintain a high occupancy rate while charging market rents if they provide a professional quality living environment for their tenant's.

Property Asset Management tenant services include;

  • Full Letting and Management Services including Lease Agreements, Deposit collection, gather References, Rent collection
  • Reducing Void Occupancy
  • Property Promotion
  • Liaising with Tenants
  • Rent Default Management
  • Disturbance and Security Management
  • Apartment Maintenance and Repair
  • Landlord Representation
  • Value Enhancement Strategy's