Other Properties We Manage
In addition to residential property Real Property Management is the expert in managing other property types, including Apartment Communities and Real Estate Owned (REO) properties.
Managing apartments with 10 – 200 units can be complicated. Our focus is to provide the maximum return from your investment without the work associated with the day-to-day running of the apartment complex. We are familiar and comfortable with the regional culture as well as local and state laws. We are well qualified and experienced in managing small to large-sized apartment communities. The services we provide can include leasing agreements, rent collection, cash dispersal, tenant relations, and 24-hour, seven days a week, maintenance and repair service. We can even staff your community if you require an on-site presence.
Real Estate Owned Properties
Real Estate Owned (REO) properties (foreclosed properties owned by a bank, government agency, or government loan insurer) can be found in nearly every neighborhood across the country. Bank REO properties are frequently in poor condition and need repairs and maintenance to satisfy property upkeep laws and preserve the property’s value for selling purposes.
In addition, the Protecting Tenants at Foreclosure Act (ProTAFA) gives a tenant the right to stay in a foreclosed home if they have a lease, forcing banks, and in some cases individual investors, to become the landlord. Real Property Management has the knowledge and experience working with institutions to preserve foreclosed properties and abide by ProTAFA.