RECCMOX: RECCMOX Realty Inc., Brokerage

By: Reccmox  09-12-2011
Keywords: rental property

Services Whether you are an owner or a board member of a commercial, industrial or residential property, you recognize that quality property management services are critical.At RECCMOX, we understand that your time and energy are too valuable to be spent on anything other than your primary business activities. That is why we have designed our services in a way that eliminates the burdens of management, while keeping you fully apprised of the status of your property.Our services include:1. PROPERTY MANAGERS• qualified, experienced property managers• specific property manager appointed for your property• accessible 24 / 7, 365 days a year• staffing, training and supervision of building staff2. MAINTENANCE PROCEDURES

• routine property inspections• detailed semi-annual physical inspections of property• preventative maintenance programs• energy management programs• tender and supervise maintenance services and contracts3. FINANCIAL MANAGEMENT

• monthly, quarterly and annual financial statements• budget preparation• collection of common expense fees• reserve fund studies• insurance placement• accounts payable• maintenance of books and records4. GENERAL ADMINISTRATION

• regular management reports• coordination and attendance of board meetings and annual general meetings• preparation of minutes of meetings• issuance of status certificatesDo you need a Property manager?A Rental Home is a big investment. With all the regulations, legal issues and liabilities, it is in your best interest to hire a professional property management company.RECCMOX Property Management has the experience and dedicated professional staff, and the best accounting system available.Ask yourself the following questions:• Do you have experience managing rental property yourself?• Are you familiar with fair housing and landlord/tenant laws in the jurisdiction(s) where your property is located?• Do you have relationships with contractors that ensure you can get 24-hour service at reasonable prices?• Do you have a reliable means to determine fair market rent and returns on your investment property?• Do you know and have the proper notices and legal process to deal with non-paying tenants?• Do you have a current, professionally crafted lease and related agreements/forms to minimize your exposure to liability should a tenant sue?If you answered “no” to any of the above questions, it might be prudent to hire a professional management team. The cost of one bad decision could more than offset the cost of hiring a professional manager to help you avoid the pitfalls of rental property ownership. for consultation.

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Keywords: rental property

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