Nexus Property Management

Pawtucket, RI

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About this pro

How does your service stand out?

Nexus Property Management brings years of experience. With practices and procedures perfected over time we are able to increase equity for our clients while simultaneously providing great service to our tenants. This efficiency allows us to provide a better experience for tenants and owners than many companies who don't invest themselves. Most real estate companies are primarily brokerages and focus on sales, with property management often being a small side business for them if they even offer it. Because we are property owners ourselves, we bring an eye for detail with a foresight to handle potential problems and issues, many times before they arise. Property management is our business. This is why you will get great management and peace of mind from contracting our services. We are the company that will give your properties the attention they deserve and "Connect You To Better Living".

What do you enjoy about the work you do?

We love what we do because it is a fast pace and dynamic profession where each day is very different from the next. The wide range of situations and personalities create a variety of challenges which keeps our staff engaged and excited to work each day.
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Location

Pawtucket, RI 02860

Website

Background check

Complete

Years in business

5

Number of employees

14

Times hired on Thumbtack

9

Reviews

8 Reviews
  • Jeremy B. Jun 8, 2016
    Property Management
    Verified Review
    So far, so good
  • John N. Dec 26, 2015
    What a management company I lived in many units. However, no one managed like nexus property. Highly accessible help line and Internet forum allows great communication. Questions and answers are always given maintenance is very attentive alert a defintely expect a fast return call and visit. Apartment was in great condition post rental if there was any damage they took note for your benefit. The staff is definitely a shining point good genuine folks aboard here at nexus. Mr Greg rice has always been there for me lending me his personal line of contact and time at any given moment. He is as well attentive alert and very helpful with any obstacle I have or came across. I appreciate his effort secretary's and maintenence response times. Nexus property management is defintely a go to company that I can see arround for a while
  • Allan R. Oct 20, 2015
    Property Management
    Verified Review
    Requiring account login for every simple communication is a waste of time. Accounting system is needlessly complicated. Rent received notifications & rent deposit notifications frequently missing. Shouldn't take 2 weeks for rent paid to appear in checking acc't. Leasing procedures, background checks, tenant screening & selection are excellent.
  • Victor T. Jan 25, 2014
    Property Management
    Verified Review
    I am reviewing as a rental property owner. I started a relationship with Nexus Property Management with 1 rental property and I am currently at 9 units and climbing. I am an out of state owner and there is no way I could feel comfortable about the care of my rental properties if it weren't for all of the professional people at Nexus Property Management. They cover everything: investment property purchases, management, leasing, and maintenance. And almost all correspondence, bills, money contributions, and maintenance requests can be made through their online Nexus Portal. Having Nexus property Management managing my properties takes all the worries out of rental property ownership. And the time I save allows me to focus on other investment opportunities and that, helps me buy more investment rental property!
  • Richard M. Nov 9, 2013
  • Josh C. Oct 8, 2013
    Nexus is composed of a group of excellent property managers, maintenance crew, and leasing agents. Nick responds to emails at all hours of the day and quickly follows up on issues. Additionally, he provides detailed property walkthroughs on a monthly basis and lets me know of any issues immediately. I travel several days a week and am happy that Nick and team are watching after my properties.
  • Jesse H. Jun 18, 2013
    Nick at nexus was the most helpful and professional realtor out of the MANY we dealt with. I would be happy to recommend him to anyone else looking to buy or rent a home
  • Nick D. Feb 3, 2013
    A great company, owner is very attentive and responds to clients needs. We treat clients like partners because that is what they are. We are partners who both benefit from a profitable and well managed property.

Q&A

What should the customer know about your pricing (e.g., discounts, fees)?
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.
What education and/or training do you have that relates to your work?
We are members of the National Association of Residential Property Managers (NARPM) and also take continuing education classes to maintain our licenses.
How did you get started doing this type of work?
After a decade of managing our own investment property we realized there was a need for this service and that we could provide a value while improving our clients situations.
What types of customers have you worked with?
Nexus offers property management in Rhode Island & Southeastern Massachusetts. 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."
What advice would you give a customer looking to hire a provider in your area of work?
Ask about fees, many management companies may quote a low management fee but can have sneaky fees such as "lease renewal fee" (basically pressing print at the end of the year), "vacancy fee", "set up fee", and some companies even keep late fees. (crazy that a company would reward itself for late rent collections, but many do!)
What questions should customers think through before talking to professionals about their project?
I would like customers to know that in the huge majority of situations they will actually make more money at the end of the year if they have professional management, this is the reality. Our service is essentially free for most of our clients.