Iron Eagle Property Management

In property management there a several areas of responsibilities:

Iron Eagle Property Management is the owner’s advocate in maximizing income on investment property through efficient performance, while using a pro-active approach. Useful areas of responsibility are as follows: acting in the best interests of the investor to maintain the properties high occupancy, low vacancy, collects rents, budget improvements and maintaining records.

Understanding the needs of the residents is a crucial component of high occupancy. The property manager must then respond to tenant requests, monitor all activities on site to comply with the lease agreement, collect rent, and all other income, and schedule all improvements needed to compete with competition.

A Property Manager is also in charge of the physical management of the buildings including yards, common area, landscaping, electrical, plumbing, roofs, walls, appliances, and much more. The property manager must have good communication and relationships with vendors while staying within a budget. Supervision of quality is necessary. This duty links into the financial portion, as some improvements will require significant capital expense. It links in with resident and occupancy management because having a well-maintained property is vital to resident retention.

We understand operating within a budget. Rental rates are set while in the process of overviewing the market. To have knowledge of the area and know your competitive rental properties is a must. An experienced property manager will educate themselves with the market and recommend cost-effective marketing programs, special promotions, and other advertising strategies to the investor in order to increase resident occupancy. Routine financial reporting to investors is required. Property Managers must have the ability in understanding all financial statements, including budgeting, profit, and loss, etc.

Files and records are a huge part of property management duties. State and Federal laws have some jurisdiction over property management activities. Certain reporting requirements must be met. Meticulous records for accounting and taxes are a must. For reasons of liability, all activities and resident interaction must be documented and maintained for specified periods.

Each month you will receive a financial statement showing monies collected and any disbursements required. We can provide numerous reports including, property rental histories, tax information to you and your accountant, in addition to a host of other reports with the touch of a button. With our highly automated accounting program, you’re able to view your income statement at your convenience.

If rents are not collected by the eighth of the month, we begin the processes necessary to collect rents or follow through with the eviction. Collections are pursued aggressively through a collection agency.

To provide positive resident retention, we schedule all maintenance upon the resident’s request. This saves you hundreds of dollars per year by maintaining your property’s value and lowering overall turnover expense. We provide 24-hour emergency service 7 days a week.

In property management there a several areas of responsibilities:

Iron Eagle Property Management is the owner’s advocate in maximizing income on investment property through efficient performance, while using a pro-active approach. Useful areas of responsibility are as follows: acting in the best interests of the investor to maintain the properties high occupancy, low vacancy, collects rents, budget improvements and maintaining records.

Understanding the needs of the residents is a crucial component of high occupancy. The property manager must then respond to tenant requests, monitor all activities on site to comply with the lease agreement, collect rent, and all other income, and schedule all improvements needed to compete with competition.

A Property Manager is also in charge of the physical management of the buildings including yards, common area, landscaping, electrical, plumbing, roofs, walls, appliances, and much more. The property manager must have good communication and relationships with vendors while staying within a budget. Supervision of quality is necessary. This duty links into the financial portion, as some improvements will require significant capital expense. It links in with resident and occupancy management because having a well-maintained property is vital to resident retention.

We understand operating within a budget. Rental rates are set while in the process of overviewing the market. To have knowledge of the area and know your competitive rental properties is a must. An experienced property manager will educate themselves with the market and recommend cost-effective marketing programs, special promotions, and other advertising strategies to the investor in order to increase resident occupancy. Routine financial reporting to investors is required. Property Managers must have the ability in understanding all financial statements, including budgeting, profit, and loss, etc.

Files and records are a huge part of property management duties. State and Federal laws have some jurisdiction over property management activities. Certain reporting requirements must be met. Meticulous records for accounting and taxes are a must. For reasons of liability, all activities and resident interaction must be documented and maintained for specified periods.

Each month you will receive a financial statement showing monies collected and any disbursements required. We can provide numerous reports including, property rental histories, tax information to you and your accountant, in addition to a host of other reports with the touch of a button. With our highly automated accounting program, you’re able to view your income statement at your convenience.

If rents are not collected by the eighth of the month, we begin the processes necessary to collect rents or follow through with the eviction. Collections are pursued aggressively through a collection agency.

To provide positive resident retention, we schedule all maintenance upon the resident’s request. This saves you hundreds of dollars per year by maintaining your property’s value and lowering overall turnover expense. We provide 24-hour emergency service 7 days a week.