Investors
Preserving Value and Maintaining Relationships
Preston Trails Property Management's staff is built to cater to property owners with an investment mentality. With the downturn in the market beginning in 2008 and its subsequent turnaround in 2012 many of our property owners have purchased property with a long term investment in mind.
Our staff has over 20 years of combined real estate investment experience, and can assist you throughout the process. Many individuals or investment groups have the capital and the desire to acquire real estate. However, they lack the expertise and have concerns about the uncertainties and work required in undertaking a rehab project, assessing the rental market and managing properties. Preston Trails Property Management can assist you through every step of the process including:
ACQUISITION
- Recommending lenders and sources of capital
- Analyzing the current financials of properties
- Assessing the physical condition and recommending property inspectors
- Recommending attorneys for transactional, zoning or violation issues
- The search and purchase of the property
REHAB MANAGEMENT AND VALUE ADD SERVICES
- Recommending repairs and rehab work
- A cost/benefit analysis of multiple scenarios involving cosmetic repairs vs. larger rehab projects
- Coordinating all rehab and repair work, by working with general contractors, sub-contractors,
- Acquiring multiple quotes from preferred vendors for repair and rehab work painters, architects, interior designers and landscapers, etc., and accounting for all costs with online access to you at all times
- Assisting in alleviating building code violations on purchased properties
LEASING AND MANAGEMENT
- Preparing the property for lease by providing professional photography, cleaning, and overseeing "punch list" items
- Leasing the property and conducting background checks on tenants
- Formal move in inspections with written, video and photo documentation
- Management of the property after the unit is occupied
This extensive list illustrates the significant work involved beyond the actual acquisition of the property. Our staff has the business and personal experience and expertise to guide you along the way, and care for your property to help you maximize your investment and return.