We have industry standard pricing but above standard benefits to offer our clients. I usually tell clients when your shopping around there are 2 very important things to compare/contrast in property management. The first is understanding you want to have a long term relationship with your manager. This means personality and trust matter! Interview your management companies and if you have the chance to meet, grab a coffee and really just chat. Make sure that not only are they great and knowledgeable about their industry but they have a personality you love to work with. This is almost like a marriage, you don’t want to go in on a mindset that it’s temporary-turnover is your worst enemy in costs. After you’ve decided that this this person in another world could be your best friend, look at the total benefits package! Second thing is making sure you compare apples to apples. Many “free things” upfront come at a VERY high cost in the end. Don’t be fooled by the lower numbers that offer no value.
One of the biggest ways we stand out as a leader in our industry is that we are owned and operated by a licensed attorney who has almost 20 years of real estate asset management experience. How does that benefit you? One of the biggest fears of landlords is horror stories they’ve heard with evictions and damages in excess of their security deposits. We handle legal in-house this defers your added legal costs of evictions and claims until funds are recovered. Most property managers just place your tenants past due balance up for collections and you’re either never getting it once it falls off their credit report or your getting 40-50% deducted for collection costs. With Family Owned we not only ensure things are done properly to increase the potential of winning in court but we take a step further past collections and get you a judgment. A judgment stays on their background check for 10 years and can be renewed. This forces more people to pay their debt to you as they could potentially lose out on a job offer, promotion, and they’re unable to purchase a car, home, etc. Which means money back in your pocket
