Property Management Services in Vijayawada

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 Vijayawada :

Property management services in Vijayawada are essential for property owners looking to streamline the management of their real estate investments in this bustling city. These services encompass a broad spectrum of responsibilities, including tenant management, property maintenance, financial oversight, and legal compliance.

One of the primary functions of property managers in Vijayawada is tenant management. They handle all aspects of the tenant lifecycle, from advertising vacant units and conducting tenant screenings to drafting lease agreements and managing rent collection. This ensures that property owners have reliable and responsible tenants, reducing the risk of potential issues.

Property managers also oversee property maintenance, ensuring that rental properties are well-maintained and safe. They conduct regular inspections, arrange for repairs and maintenance work through trusted vendors, and address emergency situations promptly. This proactive approach helps extend the lifespan of property assets and enhances tenant satisfaction.

Financial management is another crucial aspect of property management services in Vijayawada. 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.

FAQs

Can property management companies help with legal and regulatory compliance in Vijayawada?: Yes, property management companies are knowledgeable about local property laws and regulations and can help landlords stay compliant.
How do property managers handle maintenance and repairs in Vijayawada?: Property managers coordinate and oversee property maintenance and repairs, often using trusted local contractors to ensure prompt and cost-effective service.
Do property management companies conduct background checks on potential tenants?: Yes, tenant screening is a common service provided by property management companies in Vijayawada to ensure reliable and responsible tenants.
How are rental payments handled by property managers?: Property managers collect rent from tenants and typically transfer the rental income to the landlord's bank account after deducting their fees.