FAQs
- What should the customer know about your pricing (e.g., discounts, fees)?
Many property managers out there hide their prices (“contact us for a quote”) or provide tiered pricing where you have to pay more to access all of their services. Our pricing is very straightforward. We have a monthly management fee that is a percentage of the collected rent (we benefit only when our clients benefit) and a tenant placement / leasing fee that is collected from the 1st months rent after we place an owner approved tenant. The management fee is 8% for 2-6 units, 7% for 7-35 units and 6% for 36+ units. The tenant placement fee is the greater of $450 or 1/2 months rent for all management clients. For those property owners who wish to manage the property themselves but utilize our tenant placement service the fee is 1 months rent. There are no upfront fees. At Nexus, we want to make money with you, not from you, so our prices are fully transparent and you know you’re getting the same rates (AND ATTENTION) as all other clients. KEY DETAILS: We have no Initial Set Up Costs Or Hidden Fees. All of our fees are tied to management services provided. If units are vacant, we do not collect a management fee (If you don’t get paid, neither do we).
- What types of customers have you worked with?
Nexus offers property management in Connecticut, Massachusetts, Rhode Island, and Arizona. We are a locally owned and operated property management & realty investment company. We provide full service professional property management and property solutions for real estate owners that include Tenant Placement, Rent Collections, Maintenance, Tenant Communications, Online Payments, Marketing and 24 hour service. Nexus Property Management also offers investment advice, property analysis, and profit forecasts for those looking to invest in real estate or owners looking to add to their portfolio. Our mission is to provide a good value and a great place to live for our tenants, while creating exceptionally performing assets and increased equity for our clients. This is how Nexus Property Management is "Connecting You To Better Living."
- Describe a recent project you are fond of. How long did it take?
We had a client who came to us after she'd done a lot of work herself on her 3-family property. One thing she couldn't get done was new asphalt paving for her driveway. Pavers and many specialty vendors who are in high demand are either impossible to get a hold of or provide exorbitant quotes because customers don't have much choice. Because we're a property manager and vendors answer our calls (knowing we have numerous properties that will need services in time), we were able to get a reasonable quote and the job was done quickly and successfully.