Asset Management | Property Management

Being most familiar with the local market, Addis View Apartments uses efficient and service-oriented management to accelerate the success of your investment.

We begin our process by understanding your asset and your strategic objectives to maximize your income. We develop and implement asset and portfolio management solutions to handle the operations, maintenance, and administration of your property rentals successfully.

We can help increase your income, reduce risk, and enhance the value of your assets through these professional property and facility management services:

Set and handle rent
Market for and screen tenants
Handle tenant issues
Schedule and track maintenance
Manage finances and records
Perform periodic inspections

What is Property Management?

Property management refers to the operation, control, and oversight of real estate properties on behalf of the property owner. This service involves managing everything from the day-to-day operations of a rental property, including tenant management, rent collection, maintenance, and ensuring the property meets legal and safety standards. For instance, if you own a pet-friendly apartment in Cleveland, Ohio, a property management company can handle the unique aspects of managing tenants with pets, including setting policies, maintaining pet areas, and ensuring that the property remains in excellent condition. A property management company helps streamline these tasks, ensuring the property is well-maintained, tenants are satisfied, and the investment is profitable.

Frequently Asked Questions

What does a property management company do?

A property management company handles the day-to-day operations of rental properties, including tenant management, rent collection, property maintenance, and ensuring the property meets legal standards.

How does property management increase the value of my investment?

A well-managed property improves tenant satisfaction, reduces vacancies, and maintains the property’s condition, all of which contribute to increasing the property’s value over time.

How are tenants screened during the property management process?

Tenants are typically screened based on background checks, credit history, employment verification, and references to ensure they are reliable and financially responsible.

What happens if there are maintenance issues on my property?

Property management companies usually have maintenance staff or contractors on hand to quickly address any maintenance issues, ensuring that the property is well-maintained and tenants are satisfied.

Can a property management company help with legal matters?

Yes, property management companies ensure that the property complies with local, state, and federal laws, and they can assist with legal issues such as eviction or disputes between tenants and landlords.

What should I look for when hiring a property management company?

When hiring a property management company, it’s important to consider their experience, services offered, reputation, and the fees they charge. A good company will have a solid track record of effectively managing properties and providing high-quality tenant care.

How does property management help with tenant retention?

A property management company can enhance tenant retention by addressing issues promptly, maintaining the property, and providing clear communication. Happy tenants are more likely to stay long-term, reducing vacancy rates.

Do property management companies handle lease agreements?

Yes, property management companies typically handle lease agreements, including drafting, signing, and ensuring all legal terms are followed. They also enforce the lease terms throughout the duration of the tenancy.

Get in Touch with Us Today

Ready to take the next step in your real estate journey? Whether you’re buying, selling, or looking for expert advice, our team is here to assist you. Contact us today to discuss how we can help you achieve your goals.

Property Management

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