Developing your team of “Super Heroes”

Team Work

You can never become a successful property investor on your own. Your success depends on having a team of seasoned professionals you can delegate to confidently, to see through the buying, renting or selling of your investments. These individuals need to be honest, well informed and closely connected to other industry  professionals, but most of all - they must understand your needs as a property developer.

Your relationship will cement as you come to rely on their advice and informed decisions that will no doubt surface at each stage of buying, renting or selling of the property. The careful choosing of these “super heroes” will become pivotal to your success.

Some of the likely key members who are needed on your team
Estate agents           Letting agents     Mortgage brokers
Insurance brokers   Solicitors            Accountants
Surveyors               Electricians         Plumbers
Gas engineers         Builders              Roofers
Gardeners              Other property developers

Easily, the best way to find the professional individuals that go to make your team – is by recommendation, giving you an immediate testimony to their skills. Importantly, ensure they are certified or credited to provide the required standard of services they offer, it may prove to be to your advantage if a number of these professionals also manage their own portfolio. Understanding the property market from the developers point of view will add the obvious advantages to your calls.
It’s not paramount but would be advisable to source your team of ‘Super Heroes’ prior to searching for your first property investment, affording yourself the professional advice you will require from the start.

Community Property Management Services

Property Management Services

The purpose of community property management is to help. They offer a number of functions to ensure that your community will be running smoothly. They only want to provide you with over-the-top perfect performance by delivering professionalism from the team and extra strength effort for the most effective service possible.

The team will include managers that will develop a system for your residents to voice suggestions and complaints. Whether it's an email system, a mailing address, a phone number or a suggestion box at the management office there will be some sort of way for tenants to let you know what they are thinking will help improve happiness. They will attend meetings with Boards of Directors and discuss everything with them for you. They can even send out invitations to meetings. They will send out notices and record who has checked in. They then can make support boards in the meetings which will explain everything that is going on.

They will send notices to the tenants when any changes are being made or when some new action needs to happen. If someone hasn't been paying rent, they will know about it through email or phone calls from the managers. They keep record of every financial movement in your area and make sure everything is being paid on time in a friendly way.

They not only keep record of rent being paid but they keep records of everything. A good management company will file everything away for you in a labeled and detailed manor. You will be able to find everything you need placed neatly and organized in files. This means legal documents, member rosters, structure maintenance and repairs, changes made, all financial data and everything else you can think of.

The company should care about you and your tenants. You can find management companies with around the clock emergency services. There is no reason that you or your tenants should suffer because the management doesn't feel like answering the phone. It is possible to find someone that will provide 24 hour emergency service in case something happens like there is a fight happening outside the residency, somebody got hurt, even if something blew up. There will be someone to come to the scene and help. Your units will be managed fully and honestly with the up-most effort for you so you can feel stress free and have the entire community running the way it should