5 Things to Expect from Your Miami Property Management Company
There is a lot to consider when you decide to own and collect commercial property. It may seem like an easy prospect on the surface: buy a building, then rent it out. However, especially in high-volume cities, it is much more complicated. For example, Miami property management can be notoriously tricky to master because of all the varying building requirements and municipality codes. While it’s possible to manage all of the components on your own, it will come at a cost: your time and money. If you want to maximize your investment, consider hiring a property manager.
A leader in Miami property management, JMK Property Investment offers exceptional service and experienced care for each of our clients. When you partner with us, you become a part of our family. Our goal is to come alongside you and help you efficiently maximize your property investment.
EXPERT EXPERIENCE IN MIAMI PROPERTY MANAGEMENT
If you’re new to the commercial property industry, we know you’ll have questions. What’s a reasonable rent for the area? Are there lease restrictions I should consider? How can I maximize my investment?
The JMK Investment team is here to help. With over 75 properties under management in the Miami area, each member of our team knows the ins and outs of Miami-Dade County. Whether it’s building or municipality codes that could affect your construction or specific procedural requirements in the area, we will make your Miami property management experience easy and efficient.
We’re experts in how to expand your property investment–from financing to construction, design to maintenance–so that you can yield the most significant ROI. If you’ve got concerns, questions, or ideas for expansion, our team will advise and help you determine the best next step. We are well-established in Miami property management; as a result, we also maintain critical relationships in the area that could further aid with the management of your property. No matter what, you’ll never be alone in your journey.
Entrusting your commercial property to a property management company is no small decision. It’s crucial to partner with a team you trust and that you can count on to communicate with you regularly and honestly.
JMK Property Investment believes in transparency. When you partner with us, you can expect 24/7 support, including financial access and monthly reports on the property. We also schedule frequent visits to inspect each property, ensuring that your building is well-maintained.
Another benefit a property management company offers is tenant screening and management. Who is in your building is just as important as the property itself. A property management company can provide valuable insight into what to look for in a tenant and help you support them throughout their lease. At JMK Property Investment, we’re committed to thorough background and financial checks, screening each application for potential red flags.
Once you have signed a tenant, our property management team will maintain the relationship. We’ll provide monthly statements to each tenant, making ourselves available to them for questions or requests. When necessary, we’ll even manage the sending of demand letters to collect or initiate legal action, should you desire.
Your tenants should matter to your property management company. JMK Property Investment’s determination to give our tenants the best experience possible is at the core of our organization.
If you own multiple locations, it can be especially overwhelming to manage and support each one of your tenants. We’ll work with you to schedule frequent inspections and maintenance, all the while ensuring we complete the work at the highest standard. Even if we haven’t received a specific maintenance request, our team will check on the property for potential issues to catch the problems before they begin.
And if your property does need repair, JMK Property Investment has you covered. Because we are also licensed general contractors in Miami, we can work with you directly on any update or construction need. A property management company that manages investments and works in general contracting is a rare combination in the industry and one that will allow you to maximize your time and money.
FINANCIAL PEACE OF MIND
More than anything, a property management company should provide you peace of mind, especially when it comes to your finances. Most offices offer some kind of tracking system so that you can monitor your investments at all times. This information will help you make strategic and sound decisions about your property, maximizing your return on investment.
When it comes to investment technology, JMK Property Investment is unparalleled. Our state-of-the-art software will provide you with all the information you need to dutifully survey all of your properties. This includes reports for income and expenses, tenant activity, and variance analysis. We also send you additional financial information, such as check registers and bank reconciliations. In addition to our monthly budget reports, this information will help you carefully consider how best to handle your property investment portfolio.
JMK PROPERTY INVESTMENT FOR ALL YOUR MIAMI PROPERTY MANAGEMENT NEEDS
Owning property is no easy feat, but you can rest easy when you trust JMK Property Investment. Committed to transparent, high-quality customer service, we’ll work with you to create a strategic and viable business. Contact us today to get started.