Are you feeling overwhelmed when trying to manage your income-producing properties? Taking care of all the tasks involved can be a lot for one person or even a small team to handle. Plus, not all landlords know how to balance the books and make their investment profitable. It just makes sense to hire a property management firm that can take over the day-to-day operations and keep your properties running smoothly while maximizing your returns. To give you a better idea of how firms do this, we’ll show you how our team at Medallion Capital Corp manages our clients’ properties below.
A property manager can protect you from financial loss and ensure your investment is secure for the long-term. Our job involves keeping the property functioning in good condition by maintaining it to the highest standards. This involves everything from repairing the building to addressing tenant issues to preventing any legal disputes that could impact your bottom line.
We understand that your goal is to achieve a strong return on your investment. When it comes to your cash flow and finances, our team knows exactly how to minimize your expenses and maximize your profits.
The only way you make money is if your property is consistently leased, and rent is collected on time. One of our core responsibilities is to find and keep high-quality tenants in order to reduce tenant turnover and maximize cash flow. We also take the time to build rapport with the tenants so that we can anticipate their needs and resolve issues quickly. Happy tenants equal more consistent cash flow.
Preparing your property to be leased can take a lot of work. We save you time and aggravation by handling all of the move-in and move-out procedures. This includes ensuring the lease has all the necessary clauses to protect the owner and getting the property ready for new tenants.
Our team also stays on top of your financial health. We’ll take care of all the collections, accounts payable, reconciliations, payroll and monitoring activities for you. Our team is well versed in all the latest laws and software to ensure that the processes are more efficient and fully compliant.
Don’t let your rental assets consume you. Our accredited property managers can help you maximize the income potential of your property and even improve its value. Contact us today to learn more about our company and property management services.