Tenant Management:
Screening and Leasing: Identifying and vetting potential tenants.
Lease Agreements: Drafting, signing, and renewing leases.
Rent Collection: Collecting rent and addressing late payments.
Tenant Relations: Handling tenant inquiries, complaints, and disputes.
Evictions: Enforcing evictions when necessary.
Property Maintenance and Repairs:
Inspections: Conducting regular property inspections.
Maintenance and Repairs: Arranging for necessary repairs and maintenance.
Emergency Situations: Addressing emergency situations promptly.
Financial Management:
Budgeting: Preparing and managing budgets for property operations.
Financial Records: Maintaining records of income, expenses, and leases.
Rent Setting: Determining and setting rent amounts.
Expense Management: Approving expenditures and managing operating expenses.
Legal Compliance:
Understanding Laws: Understanding and adhering to local, state, and federal rental laws.
Supervision and Staff Management:
Staff Management: Overseeing and managing property staff.
Vendor Relationships: Managing relationships with vendors and contractors.