The definition of Property management according to Wikipedia is as follows:
Property management is the operation of commercial, industrial and/or residential real estate. This is much akin to the role of management in any business.
Property Management is also the management of personal property, equipment, tooling and physical capital assets that are acquired and used to build, repair and maintain end item deliverables. Property Management involves the processes, systems and personnel required to manage the life cycle of all acquired property as defined above including Acquisition, Control, Accountability, Maintenance, Utilization, and disposition.
Sounds pretty crucial to any kind of Real Estate investment right? Yet in these economic times property management is the first thing to go. If your property manager is doing their job correctly this would not be the case. In fact your property manager should be increasing your profit! So give us a call today and see how we can help you earn MORE money on your Real Estate Investments!
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