How Landlords and Their Staff Can Protect Sensitive Tenant Data
Landlords have access to sensitive information which often has to be kept as a legal requirement.…
Rental property management can be a complicated, time-consuming, and stressful business, which is why many landlords are seeking the expertise of professional property managers. At Luxury Property Care, we know what works for each property, and we know how to get the most out of it. With our licensed managers, you can enjoy the perks of being an investor without the hassle and headaches.
This little Miami village may only be home to 3,039 people but Bal Harbour is known for its high-end shops, luxury resorts, five-star restaurants, and immaculate beaches. Mainly a destination for the rich and famous, Bal Harbour offers
Managing a rental property demands most of your time, often requiring you to work 24 hours a day, 7 days a week. This is a task that not all landlords a willing to take, which is where Luxury Property Care comes in. Our rigorously trained managers
A vacant property means an empty wallet. We spend thousands of dollars on effective marketing strategies to get your rental property filled as quickly as possible. This includes listing your property on high-traffic real estate websites including the MLS. Other strategies like putting up a “For Rent” sign, capturing high-quality photos, and promoting the property on social media are also done to get the most exposure for your property. Our seasoned property managers are ready to respond to inquiries and offer more details about the property.
Our property managers prioritize keeping landlords updated about their properties. We make use of a secure online platform that contains information on work orders, financial reports, inspections, tenant payments, and more. Even if you live thousands of miles away, you have full access to the portal, allowing you to monitor all of our activities from your smartphone or computer. We also respond quickly to phone calls and emails 24 hours, 7 days a week.
Luxury Property Care uses an attorney-prepared lease to ensure that the contract is executed properly and legally. Our property managers handle the lease signing with the selected tenant, which includes a walk-through of all terms and conditions. This ensures that the tenant understands their responsibilities, avoiding potential disputes in the future. In addition, security deposits are collected prior to the occupancy following local regulations.
A property that isn’t well-maintained can negatively impact your return on investment. When you partner with Luxury Property Care, you can expect reliable maintenance services that help you avoid time-consuming and expensive repairs. We work with a wide network of contractors, plumbers, electricians, and other vendors who provide professional service at the best rates. Our property managers will supervise all maintenance works to ensure that all of your requirements are satisfied.
Luxury Property Care takes pride in our high tenant retention rate. However, there can still be that one tenant who won’t follow the rules. Our property managers are trained in conflict resolution and are experts in local landlord-tenant laws. If the tenant fails to pay their rent on time or breaches their contract, we take the necessary legal action as quickly as possible. During the eviction process, we will also begin searching for replacement tenants to minimize the vacancy period.
Our in-house accountants use an automated accounting system that accurately tracks your income and expenditures. All of the financial reports are accompanied by itemized statements, receipts, tax documentation, etc. Financial reports are prepared monthly and annually, and are accessible by property owners through the AppFolio platform. Rest assured that all of our reports are summarized in a detailed yet easy-to-read way. If you have questions about any of the numbers, our staff will be happy to assist you.
Luxury Property Care Bal Harbour Management Services
Whether you own one single-family home or dozens of luxury apartments, our job is to maximize your real estate investment. With decades of experience in rental property management, we can optimize our processes to achieve the highest possible income with minimal expense and effort. Our services include:
Learn more about our services by contacting Luxury Property Care today: (561) 944-2992
At Luxury Property Care, we aim to offer services that are accessible to all property owners. We’re constantly expanding our service locations, which include:
What is our Fees
Let’s start with the bottom line – No income, no fees.
What does it mean in reality?
The fees we charge are performance-based and we collect our fees only when you start generating income.
Therefore:
Only when you start to receive any income and your property starts to produce, we will charge you a fee which ranges between 8% to 10% depending on your property/portfolio. Contact us to get a copy of our property management agreement for your review so you can check our terms and the services that are included.
What do our services include?
We provide a full package solution for your property which INCLUDES legal and tenant protection. Click on the link to see services that are included.
What type of Costumers do you work with?
We manage all types of properties for a wide variety of individuals and companies. We work with local and absentee real estate investors who own Residential and multi-family buildings, as well as commercial properties. Our goal is to customize our services for our clients’ needs so they can maximize their income and reduce their expenses. In most cases, we are able to produce our clients an average of 20% more income by managing their properties with us.
What is your typical process for working with a new customer?
First of all, each customer receives the utmost care possible. We meet our clients, understand their needs, and only after we have a full picture of their needs, we tailor the best suit for them. In case, they look for a property to invest in, we harness our experience and knowledge as investors ourselves to consider all factors, such as the market, the area, and the profit they can generate from the property. In case, they look for a management company, our team is composed of experienced property managers who go through every detail and match the exact needs of our clients with our full portfolio of services, from repairs, renovation, and maintenance up to tenant communication and management. We aim to generate profit, piece of mind, and tranquility for our clients and that’s why we are always there for them, at any time.
What education and/or training do you have that relates to your work?
Our founders, Sivan Gerges and Liran Koren have an accumulative experience of more than 20 years in property management and real-estate investing, first as private investors and afterward for other people. Moreover, our team includes two property managers, Chen Kodish and Juliana Poyers, each with a decade of experience in property management and a legal team with extensive knowledge and experience in real-estate law, property law, deal closing, and corporate law.
How did you get started doing this type of work?
Both our founders, Sivan Gerges and Liran Koren built their own business with their two hands. Liran built his own business and earned more than $50M in a decade of real-estate investment before joining forces with Sivan, who decided to partner up with Liran after a decade of successful property management, first for herself and than for others. This combination enables us to supply top-notch property management and investment services.
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