P PROPERTY MANAGEMENT

Do you own a property in Istanbul ? Do you want to rent it out, or resell it at the right time? let us help you get the best investment with our Property Management services... The following is a list of the tasks our property management department commonly perform for our clients:

Evaluate the property and determine

Perform detailed documentation of the interior and exterior including photos. Offer recommendations on repairs and cosmetic improvements that maximize monthly rent while providing good ROI. Gather data on rental rates in the area and work with owners to determ ine the optimal rental rate. Rent research will vary, but should include looking at the recently rented comparables according to size and type.Discuss with owners the pros and cons of different policies such as furnishing the options, and the duration of each contract according to their investment goals. more

Market the property for rent

Prepare home for rent, clean home and optimize interior appeal, create ads tailored to the property and advertising medium. Some of the mediums commonly used are, paid and free rental listing websites, work with other realtors and leasing agents to find a tena nt, field calls from prospects for questions and viewings, meet prospective tenants for showings throughout the week and weekend. more

Tenant Screening and Selection

Perform a background check to verify identity, income, credit history, rental history, etc. Grade tenant according to pre-defined tenant criteria.

Tenant Move Out

Inspect unit and fill out a report on the property's condition when the client moves out, return the balance of the security deposit to the tenant after reserving the repairing fees if needed, changing the locks ,put the property back on the market for rent.

Rent collection

Receiving rent, hunting down late payments, sending out pay or quit notices

Evictions

Filing relevant paperwork to initiate and complete an unlawful detainer action, representing owner in court, coordinating with law enforcement to remove tenant from unit.

Legal

Advise in the event of a legal dispute or litigation, refer owner to a qualified attorney when necessary, understand and abide by the latest local, state and federal legislation that apply to renting and maintaining rental properties.

Inspections

Perform periodic inspections (Inside and outside) on a predefined schedule looking for repair needs, lease violations, etc. Send owner periodic reports on the condition of the property

Financial

Provide accounting property management services, make payments on behalf of owner (Property management, bills, taxes.. ), detailed documentation of expenses via invoices and receipts, maintain all historical records (paid invoices, leases, inspection reports, warranties, etc.). more

Maintenance, Repairs, and Remodeling

Provide an in-house maintenance crew, provide an network of licensed, bonded and fully insured contractors who have been vetted for good pricing and good work that is up to code, assign jobs to different parties (in-house employees, handyman and professional c ontractors) more

Tenant Move In

Writing the leasing agreement and reviewing leasing guidelines with tenant regarding things like rental payment terms and required property maintenance, ensure all agreements have been properly executed, perform detailed move in inspection with tenant and have tenants and have tenants sign a report verifying the condition of the property prior to move-in. Collect first month’s rent and security deposit more

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