eRealtyAdvantage, Inc
Oswaldo Torres
Oswaldo Torres | Property Management | Real Estate Sales | New Port Richey

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As a Local Property Management Company we handle various tasks related to the administration, operation, and maintenance of real estate properties on behalf of the property owners.

Here's an overview of what a property management company typically does:

1. Tenant Management

Finding and Screening Tenants: Marketing the property, conducting background checks, verifying employment and rental history, and selecting suitable tenants.
Lease Agreements: Drafting, negotiating, and managing lease agreements.
Rent Collection: Collecting rent, managing deposits, and handling late payments.
Tenant Relations: Addressing tenant inquiries, complaints, and requests, and maintaining positive tenant relations.
Evictions: Managing the eviction process when necessary, ensuring compliance with local laws.

2. Property Maintenance and Repairs

Routine Maintenance: Regular upkeep of the property, including landscaping, cleaning, and pest control.
Repairs: Coordinating and overseeing necessary repairs, from minor fixes to major renovations.
Emergency Repairs: Providing 24/7 emergency repair services.

3. Financial Management

Budgeting: Preparing and managing the property's budget, including income and expenditure projections.
Accounting: Keeping detailed records of all financial transactions, preparing financial statements, and handling taxes.
Expense Management: Paying property-related bills such as utilities, insurance, and property taxes.

4. Legal Compliance

Local Laws and Regulations: Ensuring the property complies with local housing laws, safety regulations, and zoning laws.
Lease Enforcement: Enforcing lease terms and handling legal issues related to tenant disputes or property violations.

5. Property Marketing

Advertising: Marketing the property through various channels to attract potential tenants.
Showing Properties: Conducting property tours and open houses for prospective tenants.

6. Vacancy Management

Minimizing Vacancies: Implementing strategies to reduce the time a property remains vacant.
Turnover Management: Preparing the property for new tenants quickly and efficiently after the previous tenant moves out.

7. Administrative Tasks

Record Keeping: Maintaining records of leases, tenant communications, maintenance requests, and financial transactions.
Reporting: Providing regular reports to property owners on the status and performance of their property.

8. Enhancing Property Value

Improvements and Upgrades: Recommending and overseeing property improvements that can increase rental income and property value.
Market Analysis: Conducting market research to determine competitive rental rates and identify market trends.

By handling these responsibilities, a property management company allows property owners to maximize their investment returns while minimizing the stress and time commitment associated with managing rental properties.

Property Management Services
Rental Property Management
Residential Property Management
Commercial Property Management
Real Estate Management
Apartment Management
HOA Management
Condo Management
Property Maintenance Services
Lease Management
Tenant Management
Property Marketing
Property Inspection Services
Property Investment Management
Asset Management
Property Rental Services
Landlord Services
Property Financial Management
Eviction Services
Property Renovation Management

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