Some of the features we provide when you use our property management services include:
Example of our interactive 3D walkthrough
Residential Properties
Our services include comprehensive management tailored for multi-family properties, focusing on maximizing your investment returns. We implement Ratio Utility Billing Systems (RUBS) to equitably distribute utility costs among tenants, significantly reducing your operating expenses. By passing utility costs to residents, we increase your net operating income, ensuring your property's profitability while maintaining high service standards.
We specialize in managing individual condos, offering personalized services to maximize your investment's potential. From tenant screening to maintenance coordination, we handle all aspects, ensuring your condo is well-maintained and profitable. Our focus is on enhancing your property's value and rental income, providing peace of mind for owners seeking hands-off management.
Our management services for single-family homes, including those with Accessory Dwelling Units (ADUs), are designed to maximize your property's potential. We understand the complexities of managing properties with ADUs, especially when utility billing becomes a challenge due to unmetered units. Here's how we handle it:
● Comprehensive Property Management: From tenant screening to maintenance, we cover all aspects, ensuring your property is well-maintained and profitable.
● RUBS Implementation: For ADUs that aren't separately metered, we introduce Ratio Utility Billing Systems (RUBS). This method fairly allocates utility costs based on usage patterns, reducing your operational expenses by passing these costs onto tenants, thereby enhancing your net operating income.
● Customized ADU Solutions: Whether your ADU is for family, rental, or other purposes, we tailor our services to meet your specific needs, focusing on increasing property value and rental income.
● Expert Guidance: Leveraging our deep market knowledge, we provide strategic advice on maximizing returns from your ADU, ensuring it aligns with local regulations and your investment goals.
Trust us to manage your single-family home with an ADU, where we combine traditional property management with innovative solutions like RUBS, to secure your investment's profitability and peace of mind.
For our property management services, we prioritize the preservation and enhancement of your investment's value. Here's how we ensure comprehensive care and compliance:
● Quality Maintenance: We manage all maintenance tasks to uphold the property's condition, ensuring it remains an attractive and functional asset.
● Legal Compliance: We strictly adhere to state regulations, employing only vendors who are fully licensed and insured. This includes ensuring all contractors have workers' compensation coverage, protecting both the property and its stakeholders from legal liabilities.
● In-House Handyman Services: To maintain cost-efficiency and quality control, we provide basic handyman services in-house. This approach not only keeps costs down but also allows for quicker response times and consistent service quality, benefiting both landlords and tenants.
● Vendor Management: We select and manage a network of trusted, specialized vendors for tasks beyond our in-house capabilities, ensuring all work is performed to high standards without compromising on legal requirements.
● Cost Management: By handling maintenance internally where possible, we minimize overheads, passing on savings to you while maintaining or improving service quality.
● Tenant Satisfaction: Regular maintenance and prompt repairs enhance tenant satisfaction, reducing turnover and maintaining rental income stability.
Our goal is to make property ownership as hassle-free as possible for you, while ensuring your investment is managed with the utmost professionalism and attention to detail.
We are committed to protecting your investment through our comprehensive insurance services. Here's what we offer:
● Tenant Liability Coverage: With every new tenant placement, we automatically implement tenant liability insurance. This policy provides up to $100,000 in coverage, with no deductible, ensuring you are protected against potential legal claims or damages caused by tenants.
● Move-Out Coverage: Additionally, we include up to $1,000 for accidental damages that might occur when tenants move out. This coverage helps mitigate the financial impact of typical wear and tear or minor damages, keeping your out-of-pocket expenses to a minimum.
By integrating these insurance services, we aim to provide you with peace of mind, knowing that your property is safeguarded against unforeseen tenant-related incidents.
At DEVINE, we understand that managing the financial aspects of property ownership can be complex and time-consuming. That's why we offer a comprehensive suite of financial administration services designed to streamline your property management experience:
● Accounting: Our expert accountants meticulously track all financial transactions related to your property, ensuring accuracy and transparency in your financial records.
● Expense Payment: We handle all property-related expenses, from utility bills to maintenance costs, ensuring payments are made on time to avoid late fees or service disruptions.
● Monthly and Annual Accounting Statement Preparation: Receive detailed, easy-to-understand financial statements monthly and annually. These statements provide a clear overview of your property's financial health, including income, expenses, and net profit.
● Rent Collection: We implement efficient rent collection processes, using secure methods to ensure timely payments from your tenants, reducing the risk of late or missed rent.
● Rent Invoicing: Our system generates professional invoices for tenants, simplifying the billing process and maintaining a formal record of all rent transactions.
● State and Federal Tax Filing Preparation: Navigating tax obligations can be daunting. We prepare all necessary documentation for state and federal tax filings, ensuring compliance and potentially optimizing your tax position.
By entrusting us with your property's financial administration, you benefit from a hassle-free, professional management approach that maximizes your investment's profitability and minimizes your administrative burden. Let us handle the numbers, so you can focus on what matters most to you.