09/11/2021
DO YOU WANT TO KNOW WHY YOU SHOULD HIRE US TO MANAGE YOUR PROPERTY? GET DETAILED ANSWER BELOW:
FACILITY MANAGEMENT...
Hiring Mcjosnah Properties Managers for your income property can be financially rewarding. Here are some critical tasks that we can help you with:
Setting the right rental rates:
While looking through adverts to see what other landlords are charging for similar properties is a fine way to determine your rent price, Mcjosnah Properties will conduct a thorough market study in order to set a rental price for your property, ensuring that you achieve the perfect balance between maximizing rental income and maintaining a low vacancy rate.
Collecting and depositing rent payments on time:
If you've ever worked in a billing & remittance department, you know that securing payment from clients can be difficult, not to mention awkward. Mcjosnah Properties have efficient, tried-and-true systems in place to effectively collect rent and maintain on-time payments. You'll find this particularly important if you have a limited number of properties, and collecting payments on time is quite crucial to maintaining your cash flow.
Marketing and advertising your property:
Through long experience,Mcjosnah Properties Managers know exactly where to market your property and how to craft compelling advertising materials---a significant advantage when it comes to filling your properties quickly and avoiding long vacancies.
Finding the right tenants:
If you hire a property manager with experience, they will know exactly how to find the best tenants and screen out potential tenants with a bad history. Mcjosnah Properties managers have a bigger pool of applicants to choose from due to our extensive marketing and advertising programs. An established property manager will already have waiting lists of potential tenants. The result is better quality tenants in your property faster. We're experienced property managers and experts at finding good tenants, and will take care of all the details, including securing all criminal background and security checks, verifying employment, and collecting previous landlord references.
Managing tenants:
We help property owners to keep a professional distance from their tenants. Getting too personally involved can result in being too lenient on certain issues or too defensive about certain types of complaints. Renting out a property is a business and it is much easier for a property manager to keep things on a strictly professional level. When issues arise, a professional property manager is better prepared to deal with the problem effectively. In addition to finding good tenants, Mcjosnah Properties Managers will manage all aspects of the tenant-landlord relationship. We handle both routine and emergency maintenance, take care of routine inspections, and manage any situations where conflict resolution is required.
Managing vendor relationships:
Mcjosnah Properties Managers have relationships with maintenance workers, tradesmen, contractors, suppliers, and vendors that it's almost impossible for an independent landlord to duplicate. Not only will Mcjosnah Properties get you the best work for the best price, we'll oversee any necessary maintenance projects. Ensuring that you're in compliance with housing regulations and property laws: How much do you know about the laws that apply to being a landlord? One of the biggest advantages to hiring a professional property manager is the ability to avoid some legal hassles. With a full understanding of all the state and federal laws when it comes to discrimination in screening and selecting tenants, property managers avoid breaking discrimination laws. In the event that an eviction becomes necessary, an experienced property manager will know how to handle it in a way that will save time and money while staying within the boundaries of the law. Mcjosnah Properties can help you avoid lawsuits by keeping your property up-to-date and in compliance with these regulations.
We Save You Lots of Time and Headaches:
It can be a full-time job to track rent payments, collect late fees, deal with complaints and repairs, prep the property for new tenants, find vendors, and deal with bad tenants. It may also become a constant source of stress. Relinquishing these ongoing responsibilities to a good property manager can allow you to benefit from your investment without sacrificing your time and health.
Maximizing the profitability of your money:
Mcjosnah Properties charge a percentage of your property's rental rate in exchange for our services. Our rates only apply when rent is received and it is generally less than the standard market rates.
MORE OFFERINGS ON OUR PROPERTY MANAGEMENT SERVICES
As your property manager we are responsible for the whole property management task. We acts as a liaison between the Landlord and tenants. We also handle rent payments from tenants, implement tenant retention and attraction strategies. We often helps the building owner achieve their financial and asset management goals. As property managers we also oversee the facility management in leased buildings. We maintain building systems, manage facility staff and delegates work orders as needed. Keeps building equipment and infrastructure functional and efficient. Conducts basic troubleshooting with equipment problems to determine when an issue can be fixed by the in-house facilities team vs. when it’s necessary to bring in a specialist.
Why You Need a Property Manager / Facilities Management Expert
How do you keep a property running properly when there are so many moving parts involved? And how do you do this on top of managing your other day to day business and activities? You don’t have to. Facilities management services exist to handle these responsibilities. Don’t worry about the day-to-day management of your facility; engage a professional to do it for you. But, how do you choose a professional facilities management company? First, understand exactly what facilities management is and why it is crucial for your success. Mcjosnah Properties can always answer your questions when you contact our team.
What is Facilities Management in Real Estate?
Often, people ask, “What is facility management, and how does it apply to my real estate investment?” In short, facility management services include all of your responsibilities as a building owner. Think of the services, maintenance and repairs necessary to keep your property running day-to-day plus tenant management. While the facility management scope of each property will vary, a facilities manager typically oversees both the interior and exterior of a real estate property. They will often manage the maintenance of landscaping, parking lots, exterior lights, and other common areas. In addition, they are responsible for the upkeep of the tenant’s space. These professional services can include: Critical systems management, Janitorial and housekeeping duties, Maintenance and repair duties, Hiring service vendors, Proactive/predictive maintenance, Catering and hospitality services, Environment, health and safety issues, Security services etc.. Before hiring professional facilities management services, owners and tenants should be aware of their personal responsibilities and the extent of services they will need. Strategic facility management can only be done once a professional fully understands the property he or she will be responsible for. A good facilities management strategy (and a good facilities management professional) will also take long-term plans into account when creating a plan. This will include everything from sustainability programs to emergency and disaster preparedness. You may consider hiring the same professional for your short-term and long-term facilities management needs.
Mcjosnah Properties can complete both for you. Why is Facilities Management Important? There are many responsibilities involved in successfully running your property, whether it’s a commercial or residential property. Oftentimes, trying to handle all of these responsibilities on your own — as well as managing your day-to-day routine will cost you a great deal of time, money and energy. One of the benefits of facility management services is that these responsibilities are taken care of by professionals experienced in this process. By hiring a professional for your facility management and development, you can be sure that all necessary aspects of day-to-day management are handled. Facilities management professionals will also protect your property from costly depreciation.
Don’t stress about obtaining proper facilities management services for your real estate space investment; let Mcjosnah Properties show you the importance of facilities management services done right. Why Should Mcjosnah Properties Serve as My Facilities Management Consultant? As mentioned, it can be extremely beneficial for tenants and building owners to hire the same professional for their facilities management needs. Mcjosnah Properties can provide those services. But Mcjosnah Properties offers more than just facility management solutions — we offer all the services you need for your commercial or residential property, from start to finish.
While we can certainly offer facilities management services alone, we can also assist with finding the right property to buy or lease and source reliable tenants for your property.
We are ready to create a close partnership with you through every step of the process. Your needs will always come before the bottom line, and our property management consulting will help you get your property to where it needs to be.
