Multi-family properties are a good option for someone who wants to get into the rental industry in a comparatively low-risk way. When you purchase a multi-family property you have the option of setting rents at a level that ensures you can cover your costs even if you do not successfully achieve 100% occupancy for the property.
However, multi-family properties do have some downsides. Instead of dealing with one tenant, you are dealing with several. That means more tenants to collect rent from and more people to field queries and issues from.
That’s where we come in. Our multi-family property management team in the Brooklyn area is here to help you take care of your rental properties.
At East Coast Management Solutions we can help you find the right tenants too. When you have good tenants, your rental portfolio becomes so much easier to manage, and can even feel like a passive income!
Our tenant management services include advertising and screening tests. Our multi-parameter screening process will help you to find tenants that will live up to their side of the lease agreement.
We also work with landlords to write lease agreements that protect their interests, to ensure hassle-free renting.
We are so confident in our service that if we place a tenant with you and things don’t work out within the initial trial period, we will replace them for you free of charge.
If you have a multi-family property and are looking for tenants, call East Coast Management Solutions now at (718) 473-0073 today!
If you are forced to evict a tenant because of non-payment of rent then our rent protection offering will help to reduce the financial damages to you by paying a portion of the rent. If you would like to know more about how this works, call us at (718) 473-0073 to discuss our rental and tenant management services.
If you are new to the industry or are just starting to expand and are not sure what you can charge for your property then we can help you. Part of our multi-family property management services in Brooklyn, NY is to rental analysis.
Our professional comparative rental analysis reports will show you what other properties in Brooklyn, similar to yours, are currently renting for. This will help you maximize your occupancy rates and profits at the same time.
If you need to deal with eviction/unlawful detainer, our service will pay for the eviction court costs and filing fees, service fees, legal costs, and constable fees. This protects you from situations where evicting a difficult tenant proves prohibitively expensive.
One of the toughest parts of being a landlord is maintaining multiple properties. We do that for you, so you don’t have to deal with finding tradesmen and vendors. You still have control over any important decisions. We simply take over the more time-consuming parts of the work.
By taking advantage of our multi-family property management service in Brooklyn, NY, you can free up time to focus on other things, whether that’s finding new properties, renovating existing ones, or just enjoying your home life.
We help you to reduce your vacancy rates by streamlining the leasing process so that you can line up tenants to move in when previous tenants vacate the property. We also reduce turnover too, by keeping tenants happy for longer.
If you choose us to manage your billing and tenant management then you can expect higher quality tenants and fewer delinquencies.
Since we use an extensive screening process to find tenants for you, there is the added benefit that the tenants we acquire are more likely to be responsible and pleasant to deal with, so they will take good care of the property.
We collect rent for you, and send monthly direct deposits to your bank account, following a predictable schedule. We will also send you monthly and yearly statements, to make accounting easier for you.
We offer several different tiers of service, depending on your needs and preferences. You can choose to work with us simply to find new tenants but handle the day to day work yourself. Alternatively, you can take advantage of our full-service offering and enjoy having property management, billing, marketing and customer service all in one convenient package.
We work with both small scale and large landlords, and our pricing structure is simple. We charge a one-off commission for new tenants on our basic service, and if you opt for our full-service property management all you need to pay on top of that is renewal commissions and a monthly management fee. The monthly fee is a percentage of your rental income and we will deduct it automatically for you.
We take pride in offering a great service to both tenants and landlords. We truly believe that when you choose to work with our team you will find that your property portfolio becomes easier to take care of. With our ‘set it and forget it’ system you can relax and enjoy the rental income as it trickles in, and reinvest your profits to grow your property empire.
To learn more about our multi-family property management service, call the East Coast Management Solutions team at
(718) 473-0073 right now!