IMS Realty, LLC & Property Management

  Find a property manager : What questions to ask Finding the right property management for your real estate investment lies all is the inquiry. Knowing what question to ask about services, fees, money management, property maintenance , and contract duration will help you find the best manager for your property. Here is a guide to what questions to ask to find the best property management. Services & Fees Services and fees are the primary part of a property management contract. It is essential that you must understand all the terms and conditions of the services and costs.  The services and fees part of the agreement is where the property manager agrees to specific services for an agreed-upon fee. It is vital that you fully understand what you will be paying for, what services are extra, and what services you will not be getting. Questions to ask about Services and Fees  What type of fees do you charge? Most companies charge a management fee, understand the...

A 7 step guide:  understand property management responsibilities   What is a property manager, and how would they benefit you, and your real estate investment? Property management is a third party who is hired to manage daily operations of any real estate investment. In other words, a property manager makes sure that all types of properties remain rented, and that each establishment runs smoothly. The responsibility of property management varies depending on their salary and the specific terms of their contract. However, a property manager is responsible for rent, tenants, repairs, knowledge of the landlord-tenant law, supervising, managing budgets, and taxes. Here is a 7 step guide to help you understand property management responsibilities of having property management. 1) Responsible for Rent Property management is accountable for setting rent prices, collecting rent from tenants, and adjusting rent rates when applicable on your real estate investment. Setting ...