If you need a property management company to manage your portfolio of buildings or single residence you can rely on a company like Blue Harbour Property Management. When deciding on a property management company it would be of the utmost important to research all of your options so that you can make an informed decision. Brooklyn Property Management Companies are plentiful and the market is ultra competitive and you should have a handful of companies to choose from that may fit your criteria. Here are some things you should be looking into in determining your next property management company.
Learn Their Procedures
To make sure that your expectations are realistic for what you want from Blue Harbour Property Management, learn about the company’s stategies and overall management techniques. Ask them about how they deal with after-hour emergencies, how they control maintenance costs, how they collect past-due rent, what type of insurance they have to protect you from lawsuits, and what their fee structure is. You want to make sure that everyone is on the same page so that there are no discrepancies between the things they provide and what you expect.
When working with Brooklyn Property Management Companies, you want to read the fine print on any contracts you are given. If you are looking to build your real estate business and gain more properties beyond what you already have, this will be an important step in deciding what company to use for your property management needs.
Determining fees and charges associated with the Brooklyn Property Management Company
How much Brooklyn Property Management Companies charge for their services depends on many different criteria. The most determining factors will be their experience, the overall services that they provide, the amount of properties that they manage and how many apartments that you want them to manage for you. You are most likely to get a decrease in the fees if there are more units to be managed at one location. It reduced expenses if the building management company can cover a number of units within walking distance and the property owner/landlord should benefit in the form of discounted fees as a result of it. Looking at all the services that Blue Harbour Property Management provides the landlord/owner will be hard to find a better property management company in all of Brooklyn than Blue Harbour Property Management.
Besides fees, you should also figure out how a prospective company will deal with repair requests. You should find out whether their services entail 24/7 service or whether it is based on specific office hours. It is important to find out what protocols are in place for emergency repairs at your property. You should be looking for a company that is proactive to these issues as it will save you in the long term as to damages. Also tenants are very appreciative of being able to speak with someone should an emergency arise at anytime . Having a property management company that has great customer service with after hours communication is crucial for tenant retention. Determine if the company has a custom in place to handle emergency repairs and how quickly can they respond with the necessary licensed vendor to assist with remediation.
You can also take it upon yourself to get a list of properties that the prospective management company services and ask a tenant what they think of the company. Also being able to see the exterior condition of the building or home can give you an idea of the level of care the Brooklyn Property Management company has. You are expected to hire someone that exceeds your expectations and doing a little research will assist you in finding one.
Blue Harbour Property Management is one of the premiere companies in Brooklyn, NY to handle your property management needs. If you are looking for someone to handle your property like how you would, you can contact us at 718-843-1185 or [email protected]