“Property Management refers to the administrative operation of properties by a professional manager”

Here at Quincy Real Estate and Property Management we have the most up-to-date software for Property Management.  Accountants only need the year-end cash flow statements to prepare your tax returns.

Management fees vary between 9% to 10% of the monthly rent, depending on the location and the number of units.

We manage income property from the standpoint of ownership instead of caretaker

Services we perform as a Property Manager

¨ Marketing:  Advertising, determine rent, devising promotional strategies.

¨ Merchandising Vacant Units:  Each vacancy is analyzed separately for it's unique features translating into benefits for prospective tenants.

¨ Screening Tenants:  A critical function.  Knowledge of discrimination laws, Federal and State Fair Housing Laws, California and Federal Consumer Credit Protection Laws, and the use of legal, enforceable forms.

¨ Collecting Rents: Owners expect property managers to collect rent every month in full and on time.

¨ Paying Bills:  Paying mortgage payments, utility bills, property taxes, insurance payments, venders and maintenance men all in a timely manner to protect the credibility of the owner.

¨ Supervising Maintenance:  Property managers must verify that any maintenance performed is thorough and cost-effective.

¨ Bookkeeping:  Property Managers are required to report every instance of income and expense, to keep complete records for tax purposes and be accountable to the owners accountant of bookkeeper.

¨ Reporting to Owners:  A formal income and expense statement is provided monthly. 

¨ Notices:  Serving of all legal notices to tenants.  From walk-throughs, 3-day notices to pay or Quit, 3-day notice to perform, 30-day to terminate to unlawful detainer and writ of possession.  And the knowledge to follow through with each one and perform.

¨ Evictions:  Knowledge with unlawful detainers, at-issue memorandums, writ of possessions and money judgments.  To stand up in a Court of Law and protect the owner and his property.

¨ Small Claims Actions:  To be able to follow through with collecting from co-signers or tenants who abandon or leave the property still owing money for rent or damages.