What We Do
In a complex real estate market, hiring a property manager to represent your individual asset is vital to having a successful investment experience. With all of the challenges that real estate investors face, Portico Property Management is here to maximize the income potential of your assets.
There are countless ways our property management services help enhance profitability, here are some of the top:
Lease/Lease Renewal NEgotiation
Staying up-to-date on market pricing is key to maximizing rental income. We carefully review neighborhood comparable pricing to ensure your lease and lease renewals are inline with market expectations. When negociating the terms of your lease, we ensure that we are obtaining the most favorable terms to you as possible, helping you avoid making costly mistakes that could invite future exposure.
Volume pricing on operational expenses
Because we have a portfolio of apartments, we are able to secure discounts for our clients on everyday operational expense items. From painting and repair work, to insurance premiums, to legal and accounting services, our relationships in these fields help save you money.
Reliability
Apartment turn-over and other maintenance/repair expenses can add up to sizable line items in any investor's budget. Having a dedicated maintenance team along with reliable and trustworthy vendors for maintenance/repair work can make a significant difference in the overall pricing of any project. With an extensive database of licensed and insured contractors and technicians, we are able to ensure that all projects are completed by knowledgeable, trustworthy vendors and the best price.
Insurance policy audits
Our experience has shown us that insurance coverage is one of the most complicated topics in real estate investing. While insurance is necessary for all of our clients, we often find that they are either over insured, under insured or not insured correctly. Unfortunately, many people find out they are under insured when it's to late. Let our team of experts review your current insurance policy to ensure that you are correctly insured for the type of asset you own.
opportunity cost
Our efficient operations, including online rent payment and digital statements, will allow you to streamline your investments and reclaim your time for other investments.