At Newpoint Property Group we can offer you a wide range of commercial and industrial property management services, all backed by years of industry knowledge and expertise for total piece if mind and hassle free investment.Newpoint property group understands that having a good property manager is essential in any property investment. At Newpoint property group we are not just property managers but have an experienced brokerage carefully selecting and placing tenants into your vacant buildings ensuring low vacancies and good rental returns. By hiring a professional property manager, you can add great value to your rental property investments, which is why so many experienced commercial and industrial property investors agree that working with a good management company is the best thing in securing there investment.
Benefits of Working with Newpoint Property Group:
High-Quality Tenants
- Tenant screening can be a complex process, and if you do not have sufficient experience in the commercial & industrial property industry, you might end up choosing a bad tenant.
- Newpoint Property Group has a reliable and verified screening process that helps us select tenants who will:
- Rent long-term & pay rent on time
- Minimize the wear and tear of the property & cause fewer problems
Shorter Periods Of Vacancy
A professional property manager will help you handle the tasks that prevent your properties from staying vacant for too long. Through preparing the properties for rent, determining the optimal rent rate and marketing your property effectively.
Long-Term Tenants
If tenants do not rent your units for long periods of time, you will have to deal with a series of issues like lost rent, having to clean the property, change the locks, repaint walls, replace carpets, make small repairs, go through the tenant screening process and marketing campaigns again. These things take time and can be quite expensive but can be avoided by keeping your tenants happy.
More Efficient Rent Collection
- Handling the collection of rent and late fees is an extremely important aspect of property
- management. To ensure consistent and reliable cash flow, rent must be collected on time every month, and it is important that tenants understand that.
Increase And Maintain The Value Of Your Rental Property
By identifying and repairing any maintenance issues early on, you avoid larger and more expensive problems. An experienced property manager will tell you that the key to maintaining and increasing the value of your property is preventive maintenance.
PROPERTY MANAGEMENT SERVICES OFFERED:
PROPERTY MARKETING
We will advertise your property on all major listing websites and involve our experienced broker division to find you a suitable TENANT. We also provide property Marketing material such as flyers & brochures.
LEASE AGREEMENTS
Quality drafted lease agreements outlining the terms under which one party agrees to rent property owned by another party. It guarantees the lessee, also known as the tenant, use of an asset and guarantees the lessor, the property owner or landlord, regular payments for a specified period in exchange.
TENANT SCREENING AND SELECTION
Placing the correct tenant in your property is the first step in securing your investment dream. We run credit checks to tell us everything we need to know about your commercial tenant applicants. This way we find quality tenants for your investment.
PROPERTY INSPECTIONS
Our brokers perform detailed move in inspections with the tenant and will have tenants sign a report verifying the condition of the property prior to moving in.
RENT COLLECTION
- Receiving rent
- Hunting down late payments
- Sending out pay or quit notices
- Enforcing late fees
EVICTIONS
- Filing relevant paperwork to initiate and complete an unlawful detainer action
- Representing owner in court
- Coordinating with law enforcement to remove tenant and tenants’ possessions from unit
LEGAL
- Advise in the event of a legal dispute or litigation
- Refer owner to a qualified attorney when necessary
- Understand and abide by the latest legislation that applies to renting and maintaining rental properties.
FINANCIAL
- Provide accounting property management services
- Make property payments on behalf of owner
- Detailed documentation of expenses via invoices and receipts
- Maintain all historical records (paid invoices, leases, inspection reports, warranties, etc.)
- Provide annual reporting, structured for tax purposes as well as required tax documents
- Advise owner on relevant tax deductions related to their rental property
- Provide easy to read monthly cash-flow statements which offer a detailed breakdown of income and itemized expenses
MAINTENANCE, REPAIRS, AND REMODELING
- Provide and oversee maintenance crew
- Establish a preventative maintenance policy to identify and deal with repair needs
- Provide a network of licensed, bonded and fully insured contractors who have been vetted for good pricing and good work that is up to code.
- Assign jobs to different parties based on who will do the best job for the best price
- Maintain outdoor areas
- Refuse removal
TENANT MOVE OUT
- Inspect unit and fill out a report on the property's condition when the client moves out
- Provide tenant with a copy as well as estimated damages
- Return the balance of the security deposit to the tenant
- Forward any portion of the owner’s portion of the tenant deposit to the owner or hold in owner reserves for repairs.
- Clean unit and perform and needed repairs or upgrades
- Re-key the locks
- Put the property back on the market for rent
For more information on our Property Management Services Contact Tyrone Varga (+27 72 869 3246) or Darren Tippetts (+27 79 881 8487).