A property manager in East Chicago, IN

Find a property manager near East Chicago, IN

56 near you

Find a property manager near East Chicago, IN

56 near you

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Top 10 Property Managers near East Chicago, IN

7. Leading Edge Property Solutions, LLC
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New on Thumbtack
New on Thumbtack
  • 7 years in business
  • Serves East Chicago, IN
"Leading Edge Property Solutions Our goal is to maximize the marketing coverage for your property by utilizing the most proven advertising methods. The Internet is recognized as the single largest sources for tenants to start the rental search. Realtors and leasing agents are the next greatest source of rental information. We tailor this advertising to the type of property, rental price, and neighborhood. Depending on the property we advertise on a variety of rental websites and the local Realtors’ MLS. In addition, we publish a weekly Leasing List that is emailed to 150+ leasing agents and realtors that we have partnered with. The Leasing List gives an extra advantage of highlighting our properties to our most loyal leasing agents. We utilizes a robust and comprehensive double entry accounting system to track all transactions for our clients and their rental investment properties. Maintenance is a necessary part of owning rental property. Too often frustrated owners blame the tenant for these expenses. Yet no matter how ideal, appliances break, hot water heaters fail, A/C systems need annual maintenance, and plumbing systems often need attention. Even if Issues arise as soon as the tenant moves in the resident has usually inherited many years of hidden wear and tear prior to their arrival. Deferred maintenance can often result in a higher final repair cost and reduces income on the property until resolved."

Property Management Companies Cost Guide

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Q & A

Answers to commonly asked questions from the experts on Thumbtack.

What does a property management company do?

Property management companies manage the rental of residential homes, apartments, condos, commercial spaces and retail spaces. Property managers can oversee just a single unit or many properties, whether those sites are inhabited full-time or are vacation rentals. A property management company helps a property owner or landlord find tenants; collects rent; takes care of accounting, property maintenance and repairs; handles on-site management; and manages vacation rental check-in and checkout tasks. Although many property owners or landlords successfully manage their own rental real estate, a property management company can help you handle tenant issues and maintenance problems, especially if you are not located in the same city or state. Most property management companies deal with tenants directly, and their tasks include:

  • Marketing the rental property
  • Collecting rent
  • Handling repair problems
  • Responding to tenant complaints
  • Evicting tenants  

A property management company may be a good choice for property owners who have several investment properties, live far away from the rental property, or don’t have time for hands-on management.

Do property managers need to be licensed?

The licensing requirements for property managers vary from state to state, but many states require property managers to have a real estate broker’s license and in some cases be a legal resident of a state. Property management may not be specified in a state real estate statute, but according to the Institute of Real Estate Management their activities may include advertising the availability of a rental property, discussing a property management agreement with an owner, negotiating leases, showing a rental property and collecting rents.

Why is property management important?

A property management company can be a landlord’s greatest asset. As a neutral third party, the property manager handles the day-to-day operations of a real estate investment, from a single vacation home to a large apartment building or several rental properties. A property management company can be especially helpful to landlords who own several units and can’t manage each of them individually, or those who live too far from their investment properties to meet with renters and oversee maintenance. Property management is particularly important if your rentals are part of an affordable housing program. To receive financial assistance from the government, the landlord must comply with a complicated set of rules; property management companies should have both experience and expertise in complying with the rules specific to each housing program.

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