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Property Management
for Investors by an Investor
Benefits
for Rental Property Owners
East Side Property Management will manage your single unit rental,
multi-unit rental, apartment complex, and commercial properties. We
also offer foreclosure property management. We have also branched out
beyond the East Side a little. So call us to see if we can help you.
East Side Property Management is a full service property management
company. By concentrating on the prosperous east side of Baltimore MD
we
can effectively and actively manage your property. Tired of getting the
late night calls, going to court, and showing the property? We handle
all the headaches for you and then send you the check. For a very small
fee it is worth every penny. Many investors get tired of all the
problems and give up and sell out. The long term growth potential of
holding on to your property is where your thoughts should lie. Your
tenants pay your mortgage for you. By using a professional manager to
handle your investment you reap all the benefits without plunging
toilets. Don't trust you valued investment to just anyone.
Have trouble finding quality tenants? We find them for you. We check
credit and eviction history to minimize risk.
Have trouble finding quality contractors to do repairs? We have
relationships with top companies which know they will get repeat
business from us if they provide us with quality work at a quality
price.
Did you know...
- That if you don't notify your tenants of their rights
regarding their security deposit that they can sue you for 3 times the
amount of the deposit? Don't make a costly mistake. One bad tenant or
oversight could cost you thousands. Maryland law favors the tenants
greatly. You have to protect yourself before they move in.
- The Lead Paint regulations get tougher every year? We
know
how to handle it.
- That if you live outside of Baltimore City, but own a
rental property in the city when you register your property as a rental
unit you need an authorized
agent with a city address? We can be this agent for you.
- That if you don't register your property as a rental
unit
then you can not go to court for an eviction?
Are you currently using another management company? Tired of their
excuses? We treat your property like it is our own because we are
investors too. Would you hire someone to fix your computer who didn't
own their own computer? Then why hire a manager who doesn't own their
own investment property?
Let the professionals who deal with this every day take care of it for
you. All you have to do is cash the checks.
Contact us
now
for a no pressure discussion about our services.
FAQ's:
Why should I use a
property
management company?
Renting in Maryland is complex.
The rules and regulations are extensive. If you make a small innocent
mistake it can cost you thousands. It's not worth the risk to save a
few bucks.
How much does it cost me to use a professional property manager?
Most management companies charge between 8-10%
of the gross rent amount. Shop around but realize there are other fees
in addition to the base management fee. This is where most managers get
you. Interview several managers and find out all the fees they charge.
What extra fees are
typically
charged?
Almost every manager will charge a fee
for finding a new tenant. These fees range from 25-50% of the first
months rent. Some other managers charge fees for renewing leases,
vacancy fees, after hours repair requests, and many more. We do not.
Are management fees tax
deductible?
Yes, management fees and many other
expenses related to the rental property are tax deductible. Consult
with your tax professional as always. These matters are complex.
However, the benefits of the tax deductions are wonderful.
How much does East Side
Property
Management charge?
Currently our rates are 8% of the
gross rent for monthly management, and 25% to locate a new tenant.
There are NO extra fees
charged by us.
Repairs and other expenses related to upkeep of the property are
charged when they occur.
Why should I choose East
Side
Property Management?
No extra add on fees. We're here to
serve you and the tenants after 5 and on the weekends. We know the
rules and regulations. We have the experience needed to make your
property profitable. We are investors too, so we know first hand what
it is like to own an investment property. Ask other managers how many
properties they own. Simply we manage better, and stay on top of your
investment. |
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