Managing Vacant Properties
1. Property Inspection
Company have experienced professional that can inspect the property thoroughly and work on any shortcoming.
2. Repair and Renovation
Company should provide services for repairing the property or renovating it from the scratch for earning better rents and also to maintain the property.
3. Tenant Search & Screening
Company should have a good prospect for finding a good tenant for the property and test should be made for the tenant screening like: Background Check, Credibility Check and Social Check.
4. Legal Documentation
This is a major aspect which a management company should provide. Legal documents abide the contract for property management and also for the tenancy and ownership. Company should provide rental agreements and other documents.
5. Facilitating Payments
The management company provide services for regulating all the payments like house tax, maintenance, electricity and water bills from the behalf of the owner and tenant.