Property Management Blog

  There are a number of services that Virginia Beach property management firms provide to their clients. The most important among these include the financial services like rent collection and other monetary transactions and receipts. These amounts are then deposited into trust accounts in banks.   The firms also handle bills and conduct audits which are then mailed promptly to clients/property owners. Additionally, the firms help prepare monthly statements regarding the cash flows and budgets allocated per project to help ensure meeting of targets.   Property management firms are equipped with a 24/7 answering service and the field personnel also have cell phones for communicating with clients, maintenance workers and vendors etc.   All maintenance and repair services are also handled by the firms. For this purpose, they hire local handymen and contractors;all of which are screened suitably. Property management companies also obtain bids for their clients so these can be reviewed and selections can be made based on budget and competency.   The firms use several advertising and marketing strategies to let prospective tenants know regarding vacancies. Potential tenants are screened through a variety of background and credit checks. These checks help ensure that only tenants with clean records are accepted on the property.