WHAT DOES A PROPERTY MANAGER DO?
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CINCINNATI PROPERTY MANAGEMENT
COMMERCIAL PROPERTY MANAGER
Cincinnati Property Management services let you have peace of mind when it comes to your investment property, whether it’s retail, multi-family, or office property.
3CRE’s property management gives you the advantage of years of expertise and full quality service. Through frequent and detailed communication, 3CRE makes sure that you’re getting the most out of your investment property.
Property management is the administration of any real estate. When you hire a property manager, this person will act on your behalf when it comes to decisions regarding your investment property. It also allows you to continue stress-free, knowing that the management of your property is in the hands of someone with experience.
The property manager will make sure that your investment is generating the best amount of income possible, and will take measures to preserve the value of the investment property.
This third party will handle the day-to-day operations of your investment property, meaning that you don’t have to worry.
There are many benefits to working with a property management company. Here, we’ll list some of the biggest benefits that you or your business could receive from Cincinnati property management with 3CRE:
Save Your Time
Let’s say you own multiple investment properties or rental units. The time that you spend looking for tenants, managing daily activities, and caring for other responsibilities is enormous. Even if you enjoy these tasks, they’ll make you very short on time, especially if being a landlord is not your primary job. Working with a property manager saves you time by handling these day-to-day activities for you.
Brings Better ROI
If you’re juggling family responsibilities with work responsibilities on top of caring for your investment property, you won’t have the time to get results from your investment property. With a property manager, you leave this work to them. They have the experience, the time, and the resources to bring you a better return on your investment.
Allows You to Live Independent of Your Investment Property
Let’s imagine that you own an investment property in Cincinnati, but you live in California. Managing that property will be a constant annoyance. Hiring a Cincinnati property management service can be a huge help. The property manager will control any issues that arise which would be difficult for you to handle from afar.
Gives You Better Quality Tenants, And For a Longer Periods
The property manager’s experience in choosing the best tenant will prove to be invaluable. They will find tenants that pay rent on time, cause fewer problems, and stay longer in the rental property!
Frees You From Being an Employer
If you want to hire a resident manager or any other type of employee that takes care of the property, this makes you an employer. The legal requirements that then ensue can be a hassle. However, 3CRE’s Cincinnati property management makes them an independent contractor working with you, and thus frees you from any employer responsibilities.
3CRE will prepare your investment property, making sure that it is aesthetically and structurally ready to be seen by potential tenants. They’ll evaluate the property and decide on a reasonable rental rate for the area and ownership type.
3CRE’s property management services include marketing your investment property to help you get new tenants faster.
Tenant screening includes verifying their income, credit and rental history, etc. 3CRE will make sure that your new tenant will pay on time and not cause trouble.
Drawing up the lease
Once a tenant is selected, the experienced property manager will write up a lease agreement that will give you the best legal protection.
3CRE’s Cincinnati property management services include collecting rent from tenants. They’ll also go after residents who are late in paying rent, impose mandatory late fees, etc.
The property manager will do regular inspections on your investment property, making sure that everything is in order. They will also hire, if necessary, any service for the maintenance of the house, (for example, snow plowing or shoveling, exterminator, plumber, etc.).
With 3CRE’s experience and the network of responsible workers, any repairs or maintenance that the property needs will be taken care of efficiently.
Taking Care of Complaints and Move-Outs
When a tenant has a complaint, such as noise, the property manager will see to it that the problem is handled. They will also handle the necessary tasks when a tenant moves out, such as returning the security deposit, cleaning the property after move out, and finding a new tenant for the property.
When you remove a tenant from a property, it’s an unlikely and highly distasteful situation. 3CRE has you covered if you evict a tenant for breaching the terms of the lease. They will handle the filing and any other legal matters that must be taken care of, as well as move forward with the eviction.3CRE’s Cincinnati property management experience will be invaluable to you in this kind of situation. They can handle the removal efficiently and without any unnecessary stress to you as the building owner. It means your property, and you as the proprietor, will be fully protected.
Detailed Communication with the Property Owner
Throughout the entire rental process, the real estate management company will keep up good communication with the landowner of the property. You will receive regular reports detailing exactly how much your investment property is earning you.
3CRE provides detailed reporting with all of the information that you as the property owner need. You’ll see rent rolls, P&L’s, CAM reconciliation, budget vs. expenses, and more. All of this will be available to you 24/7 with online access, meaning you’ll always know what’s going on with your property.
Cincinnati property management is the best way to have a stress free experience with your Cincinnati real estate investment property. Contact 3CRE today to see what their Cincinnati property management services can do for you or your business.