Benefit for Owners

Benefit for Owners

Liveflats.com introduced new property management services in the Bangalore real estate market.

Here are few benefits of working with a Residencia Property Management property management company:

1. Property marketing: Property management companies have experience in marketing rental properties and can help you find tenants quickly.
2. Tenant screening: A property management company will screen potential tenants, which includes checking credit reports, rental history, and employment verification, to ensure that you get reliable tenants.
3. Rent collection: Property management companies handle rent collection, ensuring that you receive your rental income on time.
4. Property maintenance: Property management companies ensure that your property is well-maintained by handling repairs, maintenance, and inspections.
5. Legal compliance: Property management companies are well-versed in local laws and regulations and ensure that your property is in compliance with all legal requirements.
6. Tenant relations: Property management companies handle tenant relations, including complaints, requests, and disputes.
7. Marketing research: Property management companies research market trends and rental prices to help you set a competitive rental price for your property.
8. Time-saving: By hiring a property management company, you save time and effort by delegating the responsibilities of managing your property.
9. Reduced vacancy rates: Property management companies work to keep your property occupied, reducing vacancy rates and maximizing your rental income.
10. Peace of mind: Hiring a property management company gives you peace of mind, knowing that your property is being managed professionally and efficiently.
11. Higher-quality tenants: Property management companies have experience in selecting high-quality tenants, which can lead to a lower turnover rate and fewer evictions.
12. Rent collection and financial reporting: Property management companies can provide financial reports and statements, ensuring that you have a clear understanding of your rental income and expenses.
13. Lower repair and maintenance costs: Property management companies can negotiate lower rates with contractors and ensure that repairs and maintenance are done in a timely and cost-effective manner.
14. Avoiding legal problems: Property management companies can help you avoid legal problems by ensuring that your property is in compliance with all local laws and regulations.
15. Handling evictions: Property management companies can handle the process of evicting a tenant, which can be a difficult and stressful process.
16. Professional advice: Property management companies can provide professional advice on matters such as property improvements, rent increases, and tenant issues.
17. Cost-effective: Property management companies can be cost-effective, as they can help you save money on repairs, maintenance, and other expenses associated with managing a property.

These are just a few of the many benefits of working with us. By hiring a property management company, you can maximize your rental income while minimizing your stress and workload.

Residencia Property management cares for your property as if it was our own. We deal directly with prospects and tenants, saving your time and worry over marketing your rentals, collecting rent, handling maintenance and repair issues, and responding to tenant complaints. Liveflats gives you the peace of mind that comes with knowing your investment is in good hands. Our goal is to manage your rental property for you, so that you can spend your time doing other things.

 How Residencia Property Management Works

 
Step 1: We take your property on contract by signing the rental agreement with the flat owner for 11 month or 33 month.

 
Step 2:  After signing the agreement, we start searching for quality tenants for every flat or house owner.


Step 3:  After finding a suitable client for your property, we will pass the tenant details  by mail to our flat or house owners.

 
Step 4:  After owner approval, we will sign 11 month agreement with collecting addresses and ID proof with two photos


Step 5:  Handling maintenance and repair issues, responding to tenant complaints. We take risks on behalf of the property owner every 3 month Liveflats do proper maintenance inspections with photo. We send all photo to our property owner

 
Step 6:  Any time property owner can visit the flat while giving advance notice to Liveflats If the flat's owner wants to take his property back, he needs to give advance notice of two months.