Property Management Services in Guntur
Rent Collection
- Rental payments are usually done through online means; however, if for any reason it is not done so, We will ensure timely collection of rents via cheques and organize payments to the owner.
- A log of all monthly payments will reside in the portal.
Regular Property Inspections
- We perform quarterly inspections of the property so as to avoid
major issues in the future. - A Property inspection report would be available on the owner’s portal. The inspection report will include pictures if necessary.
Preparing Inventory
- We prepare an inventory before the beginning of tenancy and perform inventory check when a tenant vacates.
- If any discrepancies, Appropriate suggestions will be given to the owner/outgoing tenant based
Renewal of Lease
- Notifications of lease expiry dates will sent to the owner and tenant.
- We will proactively ensure lease renewals if the tenant wishes to continue after the end of the tenure.
- Again, lease documents will be uploaded and notified in the portal.
Maintenance Assistance
- Request for maintenance work by tenant or owner, through our portal or via a phone call would entail a visit to the property to assess the required work.
- All issues will be worked through a ticketing system provided by our online portal; While, highly emergent and low-cost issues logged by a tenant will be opened and fixed immediately without the owner approval, all other requests will await an owner’s approval.
- Please note every ticket raised for a property will notify the owner via email. All issues emergent or otherwise will be fixed by our team of contractors through our supervision.
- Once the fix is completed, all details of the fix in terms of costs, kind of fix will be housed in the portal.
BIll Payments Assistance
- Due dates for payments like property tax will be maintained in our database and paid well before their due date.
- Utility bills like telephone, internet, monthly association fee, Water bills shall be paid by the tenant. However, all such bills will be handled if any vacant period should arise between tenancy.
- All bills will be uploaded to the portal for your reference.
| FEATURES | PLANS | ||
|---|---|---|---|
| End to End Property Management | Property Management | Rental Management | |
| Assign Property Manager | ✓ | ✓ | ✓ |
| Site inspection by Property Manger | ✓ | ✓ | ✓ |
| Take pictures of the property | ✓ | ✓ | ✓ |
| Listing property in multiple channels | ✓ | ❌ | ✓ |
| Connect with prospective tenants and facilitate site inspection | ✓ | ❌ | ✓ |
| Background verification of the tenant * | ✓ | ❌ | ✓ |
| Prepare Lease agreement | ✓ | ❌ | ✓ |
| Collection of Security deposit & First month rent | ✓ | ❌ | ✓ |
| Facilitate tenant Move-in / Move-out | ✓ | ✓ | ✓ |
| Periodic property inspection (Up to 4 visits per year | ✓ | ✓ | ❌ |
| House Keeping * | ✓ | ✓ | ❌ |
| Renovation** | ✓ | ✓ | ❌ |
| Repair & Maintenance * | ✓ | ✓ | ❌ |
| Follow up for Maintenance payment, Electricity & Water bills (in case of Vacancy) | ✓ | ✓ | ❌ |
| Free tenant search in case tenant vacating within first year | ✓ | ❌ | ❌ |
| Property Management Fee | 7.5% of Annual Rent | 7.5% of Annual Rent | ❌ |
| Tenant Finding Fee | 0.5 x One Month Rent | ❌ | 1 x One Month Rent |
| # Tenant already available or Landowner keeps it vacant | |||
| *Additional charges will be applicable | |||
| *18% GST Extra Applicable | |||
| Note: Property Handling will start any of the above tasks, only after getting a signed document from the owner. *Company must work with several organizations, their fees and incidental expenses are extra, and company cannot determine the exact cost when the “Property Management” document is prepared. **Company shall receive execution fee @ 10% on expenses (plus GST) of the major renovations | |||
Property management services in Guntur offer comprehensive solutions for property owners, helping them effectively manage their real estate investments in this growing city. These services encompass various aspects of property management, including tenant management, property maintenance, financial oversight, and legal compliance
Property managers in Guntur also oversee property maintenance, ensuring that rental properties are well-maintained and safe. They coordinate repairs and maintenance work through trusted vendors, conduct routine inspections, and efficiently manage emergency repairs. This proactive approach helps preserve property assets and enhances tenant satisfaction.
Financial management is another vital role provided by property management services. Property managers maintain detailed financial records, including rent collection, expenses, and transaction histories. They provide property owners with regular financial reports, simplifying income and expense tracking for tax purposes and financial planning. Overall, property management services in Guntur enable property owners to maximize their returns on investments while minimizing the stress and workload associated with property management.
FAQs
- How do property managers in Guntur handle security deposits?
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Property managers typically hold security deposits in a dedicated account and return them to tenants as per the terms of the lease agreement after deducting any legitimate expenses.
- Can property management companies help with property tax and utility payments in Guntur?
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Property management companies may assist in coordinating property tax and utility payments on behalf of the landlord as part of their financial management services.
- Do property managers provide financial statements and reports to landlords in Guntur?
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Yes, property managers typically provide monthly or periodic financial statements and reports to landlords detailing income and expenses related to their properties.
- How are emergency maintenance and repairs handled by property managers in Guntur?
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Property managers have protocols in place for addressing emergency maintenance issues promptly to protect the property and the safety of tenants.
