Top Property Management Companies in Malvern, PA 19355
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Raintree Condominiums
By Bob September 14, 2010
Before I finally sold, I had bed bugs so bad not even Orkin could get rid of them after three tries. Two of my immediate neighbors also had them but were in total denial and did nothing. So they endured the sores they explained away as allergies. An edlerly couple across the complex also complained (but this is hearsay since I never spoke to them myself). I thank God I managed to sell and be rid of them. ...read more
Woodview Korman Communities
By Anonymous October 09, 2009
I had to cancel my leasing agreement because I moved somewhere else. I canceled weeks before I moved in and they charged me $2.500. Painful lesson without even living there... ...read more
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Read The Latest Newsletter from Del Val Property Management
We've just published a new edition of our newsletter! You can check it out on our website and get the latest information from Del Val Property Management. Let us know what you think! Read It Now Here ...read more
By Del Val Realty & Property Management January 11, 2013
10 TOP REASONS TO HIRE A PROPERTY MANAGMENT COMPANY!!
Management companyto oversee their rental property. But is this the right decision for you? Here a Once you have invested in a rental property, the responsibility of maintaining and running the property can quickly become overwhelming. For many Owners, the logical solution is to hire a Residential Property re the top 10 reasons to consider why you should hire a residential property management company and how the benefits far outweigh the costs.1) Rent Collection: A professional residential property management company ("PM's") have systems and strategies to improve rent collection and on-time rent payments. This allows you to ensure swift and consistent rent collection. Quick and consistent rent collection is absolutely critical in this real estate market where good cash flow can mean the difference between success and failure as a real estate investor.2) Local Knowledge of Rental Rates: Property Manager's have extensive local knowledge of rents and the ability to determine the highest rental rate possible for your property. With the internet and the ability to do large scale searches for rental properties, potential tenants know if your property is overpriced, even by $25. Overpriced properties sit empty while other properties get rented. Knowledge of rental rates is a key factor to fast rentals and quick cash flow.3) Tenant Screening: A Property Manager requires a detailed written application from each adult with photo identification. Additionally, property managers will run criminal, social security and public notice (bankruptcy or judgments) searches to determine if the application is accurate. Property Manager's will also call past and present employers, landlords and other references. Professional Property Manager's have set requirements and standards for accepting or declining an applicant and thereby ensuring you comply with fair housing rules and other local and state regulations.4) Marketing Expertise: Property Managers have years of experience in how to best market your properties so they are rented in the quickest time possible. PM's use both offline and online marketing to maximize your properties' exposure and find qualified tenants quicker. Most PM's utilizes 10, 20 or even 30 different techniques to rent a property quickly which reduces your carrying cost of a vacant property.5) Property Law and Regulations: Property Managers have extensive and up-to-date knowledge of property laws and regulations and will assist you in making sure you are in compliance with your local, state and federal rules and regulations. These rules and regulations include complying with fair housing regulations, the Americans with Disabilities Act and other applicable local, state and federal laws. Avoiding one law suit will more than pay for any PM's fees many times over.6) Tested and Reliable Professionals: Residential property management company's will already have vetted numerous vendors, suppliers and contractors to make sure they provided good quality work at reasonable prices. Failure to properly vet these professionals can be a costly mistake. Many Owners overlook this function because they do not know how to do it or because it is a time consuming and laborious process.7) Inspection Reports: Property Managers perform property inspections before, during and after a tenancy. Additionally, most PM's will perform routine property inspections at least every 180 days. Your PM should be responsible for preparing frequent written inspection reports for each of your properties. Faults in your property that are found quickly can be resolved before they become expensive items of disrepair.8) Financial Records and Security Deposit Escrows: Property Managers will provide detailed income and expenses reports as well as cash statements every month saving you the bookkeeping headache. Additionally, PM's will also manage your security deposit escrow funds and make sure you are in compliance with local and state regulations. PM's will provide end-of-year tax reports for your accountant or financial adviser.9) Emergency Calls and Shield You From Tenants: A residential property management company will shield you from emergency maintenance calls and tenant headaches. Imagine never having to deal with late night "my toilet is overflowing" call.10) Low Costs: A Property Manager should only be charging around 6% to 10% of the monthly rent collected. Assuming a monthly rental rate of $1200 per month that is a fee of $72 to $120 per month. This is less than $4 per day! Can you possible do all these things for less than $4 per day?Bonus Reason! FREE TIME: A good residential property management company will free up your time for doing deals that make money. I mean serious money as opposed to dealing with non-money producing activities like tenant and property management.Del Val Realty&Property; Management is a FULL service residential property management company serving Philadelphia, PA and the western suburbs. We offer real estate investors and property owners a vehicle to build wealth and financial security through hassle-free ownership of rental real estate with our "Total Property Management Program." This proven management system allows property owners to enjoy the financial benefits of cash flow, tax savings, and wealth creation while it GUARANTEES you will never receive a late night emergency call, deal with a lengthy eviction proceeding or ever have to interact with an irate tenant.For a FREE estimate or a copy of our brochure please go to Del Val Realty&Property Management. Also do not forget to ask about our “Better Than 100% Money Back Guarantee”or our Loyalty Program that will save you money each and every year.Please like us on Facebook, Twitter or Yelp and updated listing information. ...read more
By Del Val Realty & Property Management January 10, 2013