Frequently Asked Questions - Rental & Investment Property Services

Many of our clients have found that our residential property management services are a terrific option in the soft real estate market we're currrently in. Why should you sell your home at below market value when we can help you rent it and manage your day-to-day tenant needs. With Personal Property Managers ... one call does it all. We provide award winning 2008 'Best In Class' property services. Listed below are several commonly asked questions relative to property rental and management services.

Do you charge a monthly management fee and what do I get for this fee?
Yes, a monthly management fee is incurred for all managed properties. Your management fee provides you with the day-to-day market presence and reputation of Personal Property Managers. In addition, you will receive the benefit of improved tenant relations, and twenty-four hour access to a wide array of licensed, fully insured maintenance vendors. In other words ... as an independent contractor, we provide you with total peace-of-mind. Personal Property Managers also can provide you with incremental services such as bookkeeping, project management and maintenance programs and much much more. Call us for more details at 215-489-8820.

How long will it take to rent my property?
Many factors affect the speed with which a property rents including supply/demand, rental pricing, advertising and marketing efforts, the ability to show a prospective tenant a property when they are available, the time of year, your property location, and the overall condition of your rental property.

Why do property management companies charge leasing commissions? How are these different from management fees?
Monthly management fees cover the cost associated with day-to-day property management. We operate as a boutique management service, thus all of our services are customized to meet your very specific needs. Why pay of services that you don't need. With Personal Property Managers, you are in the drivers seat. Tell us what you need and we'll help you accomplish your goals.

Can Personal Property Managers process and pay my bills?
Yes, we can process and assist you in your record keeping and total bookkeeping services. We provide a full accounting system with monthly, quarterly and annual up-to-date statement and instant access. With Personal Property Managers, one call does it all ... for quality convenience and peace-of-mind.

Will Personal Property Managers pay vendors if my account balance is insufficient when the bills are received?
No. Regulations and company policy preclude us from advancing funds to settle an owner’s expenses. Keep in mind that as an independent contractor, all funds collected are placed in the property owners account. Bills are paid when the available balance in the property account is equal to or exceeds the amount(s) owed. For this reason, it is important to ensure your account balance is always sufficient to pay all anticipated expenses. We will always provide you with a full accounting of your monthly income and expenses as well as cash reserve to minimize any payment challenges.

I interviewed several property management firms and found a lot of variation in fees. Why is that?
Property Management companies operate completely independently from one another, and set their fees according to what is consider reasonable returns for their efforts. There are no “standard” fees for particular services. At Personal Property Managers, our emphasis is on quality, convenience and your peace-of-mind. We believe our program provides excellent value for our investment property owners. Our philosophy is to deliver an exceptional range of services to our landlords, tenants and investment property owners with full disclosure and integrity. We also provide property owners with a full array of services that are normally reserved to large commercial properties. Our expertise is in the details and providing extraordinary customer services.

I am relocating out of the country, can you help me manage my property back in the states?
Yes, we can handle all your property management needs. Through our resources and contacts, we can help you rent your property; screen tenants, conduct background checks, handle all your day-to-day tenant duties, handle all tenant correspondence and handle record keepking. So relax and take that job promotion or transfer. With Personal Property Managers ... one call does it all.

Before placing a vacant rental unit on the market, do you suggest that I paint, replace a few rooms of carpet, and have the house power washed?
A well-maintained property and or rental unit attracts better tenants, leases in a shorter time, and generally brings higher rents. Well-qualified tenants realize they are sought after and homes that are in good condition offer the best value for their rent dollars. By not having the property in top condition you will experience longer vacancies as well as the problems associated with attracting lesser qualified tenants. With Personal Property Managers, one call does it all ... for quality convenience and peace-of-mind. As an independent contractor, we can handle all of your tenant transitional needs, so go ahead and enjoy life and leave the property management to us.

Personal Property Managers is a full service Residential Property Management Company serving the Delaware Valley, Southeastern Pennsylvania and New Jersey area. We handle all aspects of managing your rental property including tenant placement, tenant relations, property maintenance, rent collections and all accounting aspects for your properties.

Personal Property Managers excels at providing the property owner opportunities for timely solutions for all of their rental property needs.

Our award winning services allow us to provide you exceptional value while tailoring our offerings to suit your particular property management needs.

You now have a real, viable alternative to other high-cost/low return property management companies that traditionally only handle large commercial properties or condo associations.

So if you just don’t have the time to manage your own investment properties or don’t have the desire to deal with the daily tenant issues, Personal Property Managers is the right solution for you.

Our goal is to make owning rental or investment property in the Delaware Valley an easy and stress-free way of building your long term wealth.

We mange your property like it's our property. Please let us know how we can tailor a specific Property Management program to fit your needs. Please feel free to call us at 215-489-8820 to discuss your Property Management needs. Let us handle the day-to-day operations/management of your property. Start enjoying your free time and give us a call today!