Proactive Property Management Solutions
Rental Management
Through our hands-on management approach, we strive to provide peace of mind to our clients with competent proficient daily operations, strategic capital improvements, accurate accounting records and effective financial planning.
Our company objective is to facilitate the best services for the rental properties we manage at the most reasonable cost and to provide personal service to our residents.
Property Management Realty Inc focuses to manage rental properties throughout the Chicagoland metropolitan area and the surrounding suburbs.Our services include, but are not limited to the following:
Tenant Management
Through regular surveys and analysis of the market,we are able to ensure that each of our properties stay in tune with the market's activity and fluctuations.
- Market and show vacancies,negotiate leases and prepare lease documents
- Provide an annual market analysis and recommend rent rates
- Conduct credit and extensive background checks on prospective tenants
- We administer critical dates including lease renewals,expansion and termination
- Create open lines of communication with the tenants
- Online rent payment option and maintenance requests for tenants
- Assure that tenants comply with rental policies and procedures
- Monitor all rental activity, including maintaining copies of all leases on file
- Deliver five day notices and follow up with tenants who are delinquent
- Assistance with eviction proceedings
Property Maintenance
At the on-set of the management contract a preventative maintenance program will be developed, monitored and updated on a regular basis. The program will include all the assets of the property including boilers,HVAC,plumbing,electrical,landscaping,emergency systems,equipment and all other common areas.
- Schedule and perform frequent property inspections
- Hire qualified,licensed and insured contractors
- Coordinate maintenance,service contracts and trades work at property
- After-hours emergency response with direct access to a PMR property manager,as well as lockout service
- Oversee management of garage and parking operations
- Coordination of resident move-ins and move-outs
- Manage the physical aspects of the property
- Monitor your property for problems including but not limited to drives and walks,exterior decking and porches, landscaping, plumbing and sewers,HVAC,electrical and structural systems.
- Assist in preparing specifications for major repairs and improvements.Evaluate competitive bids for services and repairs.
Financial Services
Property Management Realty Inc employs a full time accountant to oversee the accounting department and sends statements on a monthly basis to all our owners and investors to keep them informed of the property's receipts, expenditures and overall financial condition.
- Monthly detailed financial reports to property owner via our online website
- Maintain files and records of bills paid
- Collect monthly rents and follow up on delinquent tenants
- Monitor delinquencies and provide receivable reports to the owner
- Processing and payment of all operating expenses
- Review insurance coverage and make recommendations when changes are appropriate.We also initiate the processing of insurance claims.
- Aid in State,and Local tax preparation and coordinate real estate tax reduction efforts
- Annual statement to show total receipts and disbursements
- Assist in preparing annual budgets
With our Online Services and our emergency phone line,residents can even report maintenance concerns from anywhere and at any time.
WHY USE PMR ? We constantly evaluate the latest technologies in an effort to improve the level of service we provide to the residents and owners of the apartments we manage.We embrace those technologies that help us to communicate more effectively, reduce operating costs and make it easier for our owners and residents to interact with us.Feel free to contact us for a management proposal.