January 7, 2023
What is Property Management?
If you’re a landlord, or considering becoming one, you may well be wondering what is property management? The term refers to the management and overseeing of one or more properties. A property manager forms the middle ground between landlord and tenant, and their role will encompass a whole host of elements, from sourcing and referencing tenants to rent collection, property maintenance and dealing with tenant queries.
What is involved in property management?
To answer the question “what is property management?” we need to look at what property managers do. This can vary depending on the individual property management agreement, but will generally include:
- Sourcing and referencing tenants
- Handling tenant check-ins and check-outs
- Organising inventories and property inspections
- Setting and collecting rent
- Handling tenant queries and maintenance requests
- Organising repairs and maintenance
Property managers may also get involved in ensuring rental properties are fit for human habitation, that they meet current legal standards for health and safety and local guidelines for licensing, and that all the necessary legal and safety documentation and certifications are in place.
Sometimes, a property manager will also oversee the renovation of a property so that it meets rentable standards, and will take responsibility for returning it to the landlord in that condition at the end of the tenancy.
Property managers will often take care of property that landlord investors do not wish to manage themselves, or that they are geographically distant from.
What are good qualities to look for in a property manager?
A good property manager will be able to foster good relationships with both landlord and tenants.
They will also have extensive knowledge of the local property market, so that they can set the rental rate at the right level, and advise the landlord in terms of how to make the property more appealing to tenants, as well as attracting the best people who will rent long term and escape costly void periods.
A broad understanding of property law and applicable standards is also imperative so that property managers can accurately advise the landlord, and ensure they are operating within the law.
Property managers should have a vast network of contacts and good resources, as they will need to be able to react quickly to any issues the tenant raises, from emergency repairs to problems paying the rent.
What is the benefit of using a property management company to take care of your buy-to-let investment?
Managing a property puts a great deal of pressure on landlords in terms of time and resources, especially for those with multiple property portfolios, or those located at a distance from the property or aboard. Engaging a property management company takes all of the day to day stress away from the landlord.
City Borough Housing – the Property Management Experts, with a Major Added Benefit
City Borough Housing provides a professional property management guaranteed rent service, combining expert property management with the added security of a guaranteed rent scheme. In fact, when you guarantee your rent with City Borough Housing, you get a fully comprehensive professional property management service included, with no fees to pay whatsoever.
The service covers the management and costs of everyday repairs and maintenance, quarterly property inspections and dealing with day to day tenant queries, as well as a promise that your property will be returned to you in its pre-let condition at the end of the agreement, allowing for fair wear and tear. So you’ll be able to take a back seat with your buy to let investment, whilst enjoying a regular rental payment every month, even during void periods.
To discover more about how our guaranteed rent scheme could benefit you as a landlord, you are welcome to get in touch with our helpful team. Why not request your free rental valuation today?
Januari 7, 2021 - Usimamizi wa Mali Kama wewe ni mmiliki wa nyumba, au kuzingatia kuwa moja, unaweza vizuri kuwa na ajabu nini ni usimamizi wa mali? Neno hilo linarejelea usimamizi na usimamizi wa mali moja au zaidi. Msimamizi wa mali huunda ardhi ya kati kati kati ya mwenye nyumba na mpangaji, na jukumu lake litajumuisha sehemu nyingi, kutoka kwa kupata na kurejelea wapangaji hadi kukusanya kodi, matengenezo ya mali na kushughulikia maswali ya mpangaji. Usimamizi wa mali unahusisha nini? Ili kujibu swali <unk>ni nini usimamizi wa mali?<unk> tunahitaji kuangalia nini wasimamizi wa mali kufanya. Hii inaweza kutofautiana kulingana na mkataba wa kibinafsi wa usimamizi wa mali, lakini kwa ujumla itajumuisha: - Kupata na kurejelea wapangaji - Kushughulikia ukaguzi wa mpangaji na ukaguzi wa mali - Kuanzisha na kukusanya kodi - Kushughulikia maswali na maombi ya mpangaji - Kupanga ukarabati na matengenezo - Wasimamizi wa mali wanaweza pia kuhusika katika kuhakikisha mali za kukodisha zinafaa kwa makazi ya binadamu, kwamba zinakidhi viwango vya sasa vya afya na usalama na miongozo ya usimamizi wa leseni. Wakati mwingine, meneja wa mali pia atasimamia ukarabati wa mali ili itimize viwango vya kukodisha, na atachukua jukumu la kurudisha kwa mwenye nyumba katika hali hiyo mwishoni mwa kukodisha. Wamiliki wa mali mara nyingi huchukua huduma ya mali ambayo wawekezaji wa wamiliki wa nyumba hawataki kusimamia wenyewe, au kwamba wako mbali na kijiografia. Ni sifa gani nzuri zinazopaswa kuonekana katika msimamizi wa mali? Msimamizi mzuri wa mali atakuwa na uwezo wa kukuza mahusiano mazuri na mwenye nyumba na wapangaji. Pia, watajua sana soko la mali isiyohamishika, ili waweze kuweka kiwango cha kukodisha kwa kiwango sahihi, na kushauri mwenye nyumba jinsi ya kufanya mali hiyo ivutia zaidi kwa wapangaji, na pia kuvutia watu bora ambao watawakodisha kwa muda mrefu na kuepuka vipindi vya gharama kubwa vya ukosefu wa mali. Uelewa wa sheria za mali na viwango vinavyotumika pia ni muhimu ili wasimamizi wa mali waweze kushauri kwa usahihi mwenye nyumba, na kuhakikisha wanafanya kazi ndani ya sheria. Wasimamizi wa mali wanapaswa kuwa na mtandao mkubwa wa mawasiliano na rasilimali nzuri, kwani watahitaji kuwa na uwezo wa kuitikia haraka kwa masuala yoyote ambayo mpangaji anainua, kutoka kwa ukarabati wa dharura hadi matatizo ya kulipa kodi. Ni nini faida ya kutumia kampuni ya usimamizi wa mali ya kutunza uwekezaji wako wa kununua-ku-ku-kuajiri? Usimamizi wa mali huweka shinikizo kubwa kwa wamiliki wa nyumba katika suala la muda na rasilimali, haswa kwa wale walio na kwingineko nyingi za mali, au wale walio mbali na mali au ndani ya nyumba. Kuanzisha kampuni ya usimamizi wa mali huondoa mkazo wa kila siku kutoka kwa mwenye nyumba. CityBorough Housing - Wataalamu wa Usimamizi wa Mali, na Faida Kubwa ya Kuongezwa Nyumba ya Jiji la Jiji la Jiji hutoa huduma ya uendeshaji wa mali ya kitaalamu ya kukodisha, ikiunganisha usimamizi wa mali ya wataalamu na usalama wa mpango wa kukodisha uliohakikishwa. Kwa kweli, wakati wewe kuhakikisha kodi yako na CityBorough Housing, wewe kupata huduma ya kitaalamu ya uendeshaji wa mali kabisa pamoja, bila ada ya kulipa chochote. Huduma hii inashughulikia usimamizi na gharama za ukarabati wa kila siku na matengenezo, ukaguzi wa mali ya kila robo mwaka na kushughulikia maswali ya kila siku ya mpangaji, pamoja na ahadi ya kwamba mali yako itarudishwa kwako katika hali yake ya kabla ya kukodisha mwishoni mwa mkataba, ikiruhusu kuvaa na kupasuka. Hivyo utakuwa na uwezo wa kuchukua kiti cha nyuma na kununua yako kuruhusu uwekezaji, wakati kufurahia malipo ya kawaida ya kukodisha kila mwezi, hata wakati wa vipindi vya tupu. Ili kujua zaidi juu ya jinsi mpango wetu wa kodi ya dhamana unaweza kukusaidia kama mwenye nyumba, tafadhali wasiliana na timu yetu ya msaada. Kwa nini usitoe ombi la ukadiriaji wa bure wa kukodisha leo?