JL Property Management

01/06/2014

HOW TO MONITORING YOUR PLOT &
AVOID ENCROCCHMENTS,LEGAL ISSUES
WHEN YOU ARE FAR AWAY FROM YOUR PROPERTIES?

WE TAKE CARE OF
Regular & Periodical Inspections.
Check the Boundaries.
Check the inside status of the properties.
Update local information through neighborhood.
To let others know that this property is under surveillance.
Take pictures & videos of the property for every visit,TO KNOW MORE VISIT TO http://jlpropman.com/post-occupancy.htm

01/06/2014

WHY & WHEN YOU NEED US?

You should consider hiring a property management company if :

You don't live near your rental property. If your rental property is located far from where you live, hiring a property management company can be valuable in dealing with many issues that you will not be able to handle from far.
Your time is limited. Even if you enjoy hands-on management, you may not be having much time to devote to your business or job especially if land lording isn't your day job. And if you prefer to spend more time growing your business or concentrating on your job.
To well maintain your valuable & lovable property. Even when you are not there with your property.
To generate high rental/revenues, through low vacancy rate & fix updated rental value for your property when it’s well maintained.
To prevent encroachments, legal issues, by regular visits & consistent monitoring on your property , spending more time to find the right Tenants & prepare clear rent/lease agreement, to update information about your property, market condition, local authority (cmda , dtcp, panchayat etc..)
If You have large number of properties or rental units. The more rental properties you own, the more likely you’re to benefit from a management company.
Finally, when you need peace of mind, which comes from knowing that your investment is in good hands. TO KNOW MORE BROWSE http://jlpropman.com/

01/06/2014

6 WAYS TO KEEP GOOD TENANTS

It is every property owner’s wish to find and keep the best possible tenants for their property. Finding tenants is one thing; making them want to stay is another. Keeping your tenants for the long haul is just as challenging and important as finding them. Why? Well first of all it costs you about a thousand dollars or more every time your tenants move out; through advertising costs to find and place a new tenant and the loss of rent while the property is vacant. It also spares you from the stress involved during vacancy and the tedious process of trying to find suitable tenants.

So what can you do to make them want to stay? I’ll start off by saying; you get what you give.

Here are 6 quick tips on getting your ideal tenants to stay for the long term.

1. Keep your property well-maintained

Attracting good tenants in a run down property is hard but keeping them is impossible.

With the amount of poorly maintained rental properties out there right now, people who have been renting for years will tell you how frustrating it is to live in a home that is not cared for by the owner. But there is an upside to this; if you keep your property in good condition your tenants will not want to leave and they will also be more inclined to work hard at maintaining the property themselves.

2. Set your price just below market value

If you think this is silly, think again… By keeping your rental price a fraction below the market, about 2-3% is enough. You will attract and retain better tenants for longer. You will attract them easier and quicker because your property will represent better value than other properties on the market and then retain your tenants for longer because they will have no need to move to a better valued property.

3. Give small rent adjustments

Give your tenants consistent small rent increases of about 2-3% each year. Tenants prefer this as opposed to being stung with large increases every 2 years because smaller increments are much more manageable for their budget.

4. Consider your tenants’ requests

Let’s say your tenants wish to build a garden bed in the backyard and this is something you don’t particularly want, instead of declining their request right away. Consider their reasons for wanting to build it and be fair and reasonable when arriving at a decision. Remember, more than anything else you want to maintain a good working relationship with your tenants and the key to that is good communication. This does not mean you need to bow at every request but perhaps meet half way and make a small compromise, I bet your tenants will be very grateful.

5. Pay attention to maintenance issues

Another way to keep your tenants happy is to make sure you pay attention to all issues relating to repairs and maintenance, however small they may seem. A leaking tap for example is a minor issue in the whole scheme of things but to a tenant, the frustration builds and builds each day the the problem is not fixed in a reasonable time frame.

6. Surprise them

Lastly, a good strategy that is sure to make your tenants feel special and stay for the long haul is by giving them a nice little Christmas present at the end of each year. A small note thanking them for looking after their property and paying the rent followed up with a gift voucher to the cinemas for them to go see their favorite movie. This is inexpensive, effortless and might even turn out to be a major payoff.

In keeping your tenants happy, always remember the golden rule. Put yourself in the tenants shoes and think about the things that would make you want to stay in the property. Follow each of the above 6 tips and keep your lines of communication open with the tenants and you are sure to keep your tenants for the long haul.

01/06/2014

24/05/2014

Khazana Jewellery Showroom Vizag

Upcoming showroom for khazana has been designed as an iconic building for the brand and for india.