Property Management Proposal

One of the objective of Styllent homes is to provide landlords and tenants with a unique level of service and accountability based on the simple promise that a truly satisfied customer is one who is confident their property is being well maintained, is always in a condition to be able to optimise a financial return and that the tenants are content. We have a flexible and Inventive Approach to Management Operations

When someone buys a property it’s an excellent way to invest ones capital. Why not enhance it? Simply place your investment into the hands of a professional management company.

Modern property management is an investment tool in itself an effective strategy for reducing expenses, creating demand for the given property on the local market and on the basis of this working out a management action plan as well as implementing an appropriate marketing strategy.

Modern property management is also a comprehensive range of services; from the reparation stage of the investment to the moment of exiting the investment by the owner. The objective is clear – turn the property into a profitable business. Each property owner takes decisions regarding their investment on the basis of an appraisal of its optimal use. In order to do this, they must have an idea of future income and expenses, they must have a prepared action plan for renting the property effectively, and they should have some knowledge about the optimal standard of finishing and about the accounting of future income and this is where we come to help.

Complete knowledge about the potential property allows the right investment decisions to be taken. We keep these guidelines abreast when offering our services we assist clients in taking decisions about the strategy for their property and offer a range of services to put this strategy into effect.

Owners have the right to expect that everything that is in the slightest way connected with their investment should be able to be handled by one company.

You decide it is us and we will carry out all the work.

PROPERTY MANAGEMENT

Here at Styllent homes we are well versed with property and facility management, whereby we are actively involved in the following which is just a sneak preview of some of the things we do but does not include all for we will go that extra mile to make sure that the landlord is always happy;

Some of the duties we will undertake to carry out in your property will include among others

  • Discussions on marketing proposals for advertising the property to always make sure that it is in the minds of the tenants this is to make sure there are no vacant premises but we will vet the tenants to get the best.
  • Showing the property to prospective tenants. Whenever a notice is received for a unit that is falling vacant to make sure that prospective clients have seen it and paid for it before the current tenant vacates.
  • We all know that it is a time when security is a problem so we will always make checks to ensure the suitability of the tenant for the property including the ability to pay, we verify given information by interviewing present and previous landlords as well as their employers/business associates.
  • We will always ensure the tenants abide by the lease provisions and make any corrections if there are people who are not following the set guidelines we will do this in constant liaison with your office.
  • We will investigate and resolve any complaints by tenants and always show them the line between what is expected from the tenant and from the landlord.
  • We will always review property maintenance and security in tandem with prevailing market forces giving recommendations and supporting with the necessary documents if any.
  • Through the landlords authority we will organize quotes for renovation work on behalf of the landlord and we will arrange for trades people to attend to repairs with the landlords authority.
  • We will keep up-to-date with property acts and by-laws (such as the commercial Tenancy Act).
  • We will write regular reports for the property owner regarding their property citing the condition as at that time.
  • We will provide monthly expense statements for property owners to account payments and any disbursements thereof.
  • We will always assess the current market trends of properties and advise the landlord appropriately. 

MANAGEMENT TERMS;

The management terms will be as follow.

The management fee will be ……% of the total rent collected. For vacant premises we will charge equivalent of half a month’s rent a one off fee when the tenant is coming in to cater for advertising and facilitation costs in getting the tenant.

SUBMISSION OF RENTS TO THE LANDLORD

There are three options on the submission of rent to the landlord.

  1. If the landlord keeps the deposits we will submit the payments when the tenants have paid which is usually on or before the 10th of the month.
  2. If we keep at least one month’s deposit we will submit the payments on the 1st to the fifth of every month in advance.
  3. If we keep at least two month’s deposit we will submit the payments on the 1st to the fifth of every month and it will be two months together in advance.

WHAT THE MANAGEMENT FEE COVERS:

ALWAYS THERE:

We are available 7 days a week to ensure prompt response to maintenance and repair requests, and to show your property to prospective tenants at their convenience.

EXTENSIVE ADVERTISEMENT:

  1. Detailed notification of availability of your property to data base of waiting tenants and the general public via newspapers.
  2. We continuously check our tenant waiting list for prospective tenants.
  3. We participate in an exchange network with other cooperative property management groups, for available tenant waiting lists, to maximize results and find the perfect match.

WHAT THE PROPERTY MANAGEMENT FEE DOES NOT COVER:

  • Property owner’s and property insurance.
  • Cost of maintenance and repair: although we will coordinate all the repair and maintenance services, we are not responsible for the respective payments.
  • Mortgage payment.
  • Property taxes.
  • Legal fees.

DISBURSEMENTS MANAGEMENT

We will undertake to oversee and manage garbage collection, cleaning of the common areas, security, bills for common lighting, Alarms, standby generators etc. At no extra cost, we will manage the paying of these bills related to your properties and provide you with a monthly income statement detailing your properties’ expenditure for the month. 

Dear Sir/madam,
Kindly download our management proposal down here

proposal.pdf

×