How Handle Property Management Transitions - PowerPoint PPT Presentation

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How Handle Property Management Transitions

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A property management company can add significant value to your investment. Their functions include advertising your apartment and showing it to right tenants, collecting and accounting for rent, cleaning and re- keying your property, taking care of maintenance of your house etc – PowerPoint PPT presentation

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Title: How Handle Property Management Transitions


1
How to Handle Property Management Transitions
  • .

2
How to Handle Property Management Transitions..?
  • A property management company can add significant
    value to your investment. Their functions include
    advertising your apartment and showing it to
    right tenants, collecting and accounting for
    rent, cleaning and re- keying your property,
    taking care of maintenance of your house etc. you
    should make a proper plan to ensure achievement
    of your desired benefits and results.

3
Property Management Tips for Making the
Transition Smooth
  • Ask questions From the New Company
  • Be in Touch with Your Former Manger
  • Talk With your New Property Manager
  • Explain all Your Objectives to the New Company
  • Talk with Your Residents

4
Ask Questions from the New Company
  • You should make a list of questions
  • to ask from
  • the company you want to hire. You can
    include questions like who are your team members,
    how long you take to address needs of tenants, do
    you work with any
  • specific suppliers.

5
Be in Touch with Your Former Manger
Stay in contact with your former manager for at
least one month after transition as at this
time he will transfer all the bills, rent
payments and financial information to you or
your new property management company.
6
Explain all Your Objectives to The New Company
  • You should tell the company about all your
    objectives for your property like about
    renovation plans, maintenance etc. Telling the
    company what you want will help the company to
    work in a proper way.

7
Talk with Your Residents
  • Since every property and transaction is
    different, therefore you have to change some of
    your typical processes and time lines.
  • Dont start the transition process until you are
    not properly ready.
  • Carefully listen to the changes your new company
    is suggesting you.
  • Insist the management team to place corporate
    staffing resources on- site for the first three
    weeks.

8
Contact Us
  • Buena Vista Properties
  • Address 223 W. Anderson Lane Ste. A140
  • Austin, TX 78758
  • Phone (512) 789-2779
  • Email marc_at_buenavistaproperties.net
  • Facebook facebook.com/buenavistaproperties
  • Twitter twitter.com/buenavista_prop
  • Google plus.google.com/buenavistapropert
    ies
  • Our Website www.buenavistaproperties.net
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