Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.

Posted about 1 year ago

Why You Need a Property Manager for New Builds: Beyond Maintenance

Understanding the Role of Property Management

It's common for potential clients to have misconceptions about the role of property management. Many believe that property management primarily involves handling maintenance requests and issues. This perspective, especially with new builds, leads to the belief that our services are not needed until the property ages and maintenance becomes a problem. This belief could NOT be further from the truth.

Our True Value: Relationship Management

While property maintenance is important, it is fairly predictable and straightforward. Our true value lies in relationship management. Here are the key areas we focus on:

  1. Lease Violations:
    • We ensure tenants adhere to the terms of their lease agreements, addressing issues such as unauthorized pets, noise complaints, or illegal activities. This proactive approach prevents minor issues from escalating into major problems.
  2. HOA Violations:
    • Many properties are part of Homeowners Associations (HOAs) with strict rules and regulations. We manage compliance with these rules, protecting our clients from potential fines and legal issues.
  3. Enforcing Lease Covenants:
    • Enforcing lease covenants involves ensuring tenants maintain the property in good condition, pay rent on time, and respect their neighbors. This maintains property value and community harmony.
  4. Tenant Relations:
    • We manage all aspects of tenant relations, from screening and selecting high-quality tenants to handling tenant disputes and ensuring tenant satisfaction. Good tenant relations lead to longer tenancies and reduced vacancies.
  5. Emergency Response:
    • We provide 24/7 emergency response services, ensuring that urgent issues are addressed promptly to prevent property damage and maintain tenant safety.
  6. Legal Compliance:
    • We stay updated on local, state, and federal laws related to property management, ensuring that our clients remain compliant and avoid legal pitfalls.

Communicating Our Value to You

Our Comprehensive Services: Our services go far beyond maintenance. We offer a comprehensive package that includes managing tenant relationships, ensuring legal compliance, and preserving property value.

The Importance of Proactive Management: Proactive management prevents problems before they arise. By handling lease and HOA violations, enforcing covenants, and maintaining good tenant relations, we protect your investment and ensure steady rental income.

Our Value Add: Our services add value to your property. By maintaining high property standards and ensuring tenant satisfaction, we contribute to reducing vacancy periods and maintaining your property’s value.

Our Maintenance Management: While maintenance is predictable, having a professional team ready to handle any situation provides peace of mind. You can rest assured that your property is in good hands.

Choosing professional property management is about more than just addressing immediate concerns. It's about safeguarding your investment, ensuring compliance with all regulations, and maintaining excellent tenant relations. Even for new builds, our services ensure that your property remains in top condition, attracts high-quality tenants, and delivers the best possible return on investment.

Ready to learn more about Verandah Properties services? Click here – we’re here for you!



Comments