FREQUENTLY ASKED QUESTIONS
What do Property Managers do?
-
Act as Agent/representative for the investor (property owner)
-
Handle all communication with tenants
-
Prepare properties for renting
-
Inspect properties before, during, and after a lease term
-
Market properties and make properties available for prospective tenants to view
-
Receive and screen applications
-
Coordinate lease signings and lease renewals
-
Provide property management software for collecting rent and security deposits, disbursing owner funds monthly, preparing monthly owner statements, receiving maintenance requests, and tracking all leases and documentation
-
Handle all maintenance needs for the property, including coordinating all contractors
-
Provide financial support, including coordinating utility payments during property onboarding
How will you find tenants for my property?
We provide 100% of the marketing needed to lease your property, including photos, descriptions, and advertisements on our website and all major rental marketing sites. We also thoroughly screen applicants to ensure that we find residents who will take great care of your property.
How much will you rent my property for?
Your lease rate is going to be determined by several market factors including the condition of the property, location, and the rental rates for competing homes in the immediate area. Our team will help analyze these variables and provide a professional opinion on a strategy to get the most for your property! Pricing properties too high can leave you with long-term vacancies while generating no monthly income. Tenants in the rental market have a good idea of what current rents should be.
Who handles the middle-of-the-night calls?
We do! We are on call 24 hours a day. Why worry you? That’s why you hired us! We prioritize emergencies and ensure all maintenance is scheduled properly and efficiently to create a happy owner and resident.
Why should I work with Love My Space?
All property managers do pretty much the same thing, but here are 5 things WE do differently here at Love My Space:
-
We offer complete transparency with our fees. We have 2 fees: Our management fee, which is a percentage of the monthly rent we collect, and our leasing fee when we help secure a new resident. We have no other hidden fees whatsoever. We’re so transparent that our pricing is right on our website.
-
We offer both Residential AND Commercial Property Management. We serve a wide range of property types including single-family houses, multifamily apartments, retail space, office space, and more.
-
We have an In-House Construction Company for all your maintenance needs AND capital improvements. This allows us to move quickly, keep prices low, and keep your residents happy.
-
We have an Investment Department that offers regular portfolio reviews to help you grow your wealth and achieve your financial goals.
-
We are GREAT at finding great tenants who will pay on time and take care of your property. We treat every space like our own!