Management Services

How Our Management Company Supports Your Rental Business

Responsive Service
We prioritize prompt responses to rental inquiries and maintenance issues. In a competitive market, seizing every opportunity is crucial, and addressing tenant concerns swiftly ensures satisfaction and smooth operations.

Expertise with All Types of Tenants
Managing tenant relationships can sometimes involve challenging interactions. As your property manager, we act as your liaison, handling all tenant communications with professionalism and empathy. Our goal is to represent your interests while maintaining understanding and compassion in every situation.

Proven Marketing and Tenant Screening Strategies
A single poor tenant can disrupt profitability. Our state-licensed team utilizes proven procedures, including market analysis, thorough tenant screening, and accurate financial accounting, to ensure your property is well-managed and legally compliant.

Maintenance and Repairs Management
Even with quiet tenants, maintenance is inevitable. From preparing units between renters to addressing plumbing issues, we supervise all work, whether by your preferred vendors or our in-house team. You retain control over vendor selection, ensuring quality and trust.

Exceptional Value
While the industry standard for property management fees ranges from 6-10% of collected rent (plus a tenant placement fee), this investment pays off by ensuring your property is expertly managed. Partnering with a property management company enhances your chances of success, transforming your rental property into a thriving investment.

Why You Should Consider a Property Manager

Renting out your property can be a great way to generate income, but managing it yourself comes with challenges many new landlords overlook:

Navigating Complex Legal Requirements
Without a real estate background, understanding housing laws and regulations can be overwhelming. From Fair Housing compliance to drafting protective lease agreements and managing evictions, staying legally informed is vital.

24/7 Maintenance Responsibility
Landlords are on call for emergencies, whether fixing a leaky faucet or hiring contractors for larger issues. This responsibility can disrupt your personal life and require technical know-how.

Tenant Screening Challenges
Screening tenants involves more than checking if they can pay rent. Background checks, credit assessments, and interpreting results require expertise. Additionally, promoting vacancies and filtering unqualified applicants can be time-intensive.

Managing Tenant Relationships
Addressing tenant issues requires a balance of firmness and diplomacy. Poor handling can lead to unresolved problems or difficulty retaining tenants, making relationship management a critical skill.

Time Commitment
Managing a rental property can demand 10-15 hours per month, which adds to the workload of full-time jobs and personal obligations. This commitment often outweighs the benefits for landlords with rental properties as a side investment.

How We Simplify Property Ownership

At Property Services Network, we specialize in efficiently managing rental properties. Whether you're a hands-on landlord or a busy investor, our expert team handles every aspect of property management, saving you time and stress. For a small percentage of your monthly rent, we turn a part-time responsibility into a passive income stream.

Contact us today to learn more:


Property Services Network
906 S Oak Park Ave., Oak Park, IL 60304
? (708) 853-9936
? info@psnmanager.com

Designated Managing Broker: Nick K. Lambros (License #481.012530)
Managing Broker: Margo N. Carrasquillo (License #471.022029)

 

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