Property Management Solutions in Durham, NC
As one of the fastest-growing cities in the country, Durham is an excellent place to invest in rental properties. However, with over 70 people moving to the Triangle daily, managing all these tenants alone can get complicated fast. Investors need a team they can trust to help them manage their properties more effectively.
At Block & Associates, our team offers the comprehensive solutions Durham investors can rely on for all their property management needs. As the Durham area’s largest residential property management firm, we’re uniquely equipped to help with every aspect of your property.
From marketing and tenant relations to rental collection and eviction filings, our experienced professionals are ready to handle all your property’s needs.
Contact us online or call (919) 459-6300 to request a property management analysis for your Triangle-area property.
Turnkey Property Management Services for Your Durham Area Investment
Well-managed properties offer the strongest rate of return for their investors. At Block & Associates, our team understands what it takes to operate a successful rental property, offering investors the turnkey solutions to realize their true potential.
Our property management services include:
- Rental contracts: We’re prepared to help with contract preparation, negotiation, and compliance. From HOA regulation enforcement to security deposit disbursement, we act on your behalf to ensure all tenant obligations are fulfilled according to their rental agreement.
- Maintenance requests: Relying on a network of qualified contractors, our team helps process and schedule tenant maintenance requests. We can even help tenants troubleshoot common issues over the phone to avoid sending maintenance services when they aren’t necessary.
- Accounting services: We help manage every aspect of your rental property’s accounting, from invoicing tenants to paying bills on your behalf. Our team will provide a monthly statement to help organize your financial records.
- Vacancy management: During periods of rental vacancy, we’ll perform routine inspections to ensure it remains protected and move-in ready. We’ll also help coordinate utility disconnections and notify maintenance workers of anticipated vacancies.
- Inspection services: Offering move-out inspections, inspections between leases, and monthly inspections, our team carefully evaluates every inch of your property throughout our partnership. Our vigilance helps ensure your investment remains protected and profitable.
- Lease renewals: We’ll manage the lease renewal process for your tenants on your behalf, including performing inspections between lease agreements.
- Legal compliance: With over 25 years of industry experience, our property managers have a firm understanding of all local and state landlord-tenant and fair housing laws.
If you’ve invested in property in the Durham area, contact the property management professionals at Block & Associates.
Contact Us for Property Management Services
Choose Block & Associates Property Management in Durham, NC
Since our founding over 25 years ago, Block & Associates has offered investors comprehensive solutions to keep their properties profitable and protected. Through our careful attention to detail and commitment to keeping you and your tenants happy, we make property management as stress-free and streamlined as possible.
Make property management a breeze with Block & Associates. Request your free property management analysis online or by calling (919) 459-6300 today.
Frequently Asked Questions
How much do property management services cost?
Property managers generally charge between 6% and 12% of your rental income. This covers:
- Flat lease renewal fees
- Flat management fees
- Tenant placement
What are the benefits of using a property management service?
Hiring a property manager to assist with your rental property offers many unique advantages, including:
- Time savings: Investors can free up time for more important tasks by having a team they trust to handle the daily operations of their rental properties.
- Reduced turnover: Better property management means improved tenant-landlord relations, helping reduce your tenant turnover.
- Decreased vacancies: When a property is well-managed, tenants will be more attracted to it, decreasing the number of vacancies.
- Increased profit: With reduced turnover and vacancies, investors enjoy a more substantial return on their rental properties.
What do property managers do?
Property management teams help with several aspects of rental property operations, including:
- Contract compliance
- Lease renewals
- Legal compliance
- Maintenance requests
- Rent collection
- Tenant placement
In 1854, Dr. Bartlett Durham sold four acres of land to the North Carolina Railroad Company to build a new station between Hillsborough and Raleigh, and before long, a small settlement grew there, which would become the city of Durham.
The first tobacco factory was opened in Durham in 1854 by R. F. Morris. Ten years later, in 1865, the armies of Union and Confederate forces gathered around Durham Station as General Joseph E. Johnston negotiated his surrender to General William T. Sherman at Bennett Place at the end of the Civil War.
Union troops liked the taste of the local bright-leaf tobacco. This began the growth of Durham’s tobacco industry and led the city to prosperity. By 1880, Durham’s population had grown to over 2,000. Textile mills began to grow along the railroad lines and banks and insurance companies soon appeared as money flowed into the community.
Tobacco companies owned by men like Washington Duke began to grow. Duke had begun his tobacco empire from a small log cabin on the Duke Homestead. Residential neighborhoods grew around these industries as workers filled the town to work for tobacco, where he was producing around 125,000 pounds of smoking tobacco annually.
In April 1874, Duke purchased two acres near the railroad, where he built a new factory, marking the beginning of a large-scale tobacco company that climbed rapidly to the top of the industry. Cigarette making had been done by hand, a tedious job done by eastern European immigrants who could roll about four per minute. Duke took a chance on a new machine that had been developed in 1880 by 18-year-old James Bonsack that could make around 200 cigarettes per hour (when working properly).
After some adjustments, it was a success, and Duke and his sons became major players in the world of tobacco. In 1890, they merged with their four largest competitors to form the American Tobacco Company and had a monopoly on tobacco products in the U.S.
When this trust was broken up by the U.S. Supreme Court in 1911, four major companies emerged. They were Liggett and Myers, P. Lorillard, R. J. Reynolds, and the American Tobacco Company.
In 1892, Trinity College moved to Durham from Randolf County to land donated by Washington Duke and Julian Carr.
Following a 40 million dollar donation by James Buchanan Duke, son of Washington Duke, the college was renamed Duke in 1924.
In 1898, John Merrick founded the North Carolina Mutual Life Insurance Company, the oldest and largest African American-owned life insurance company in America. M&F Bank, founded in 1907, was the strongest African American-owned bank in the U.S. Both were located in the neighborhood of Parrish Street, which soon attracted more African American-owned businesses and was known throughout the country as “Black Wall Street.”
In 1910, North Carolina Central University was founded by Dr. James E Shephard as the nation’s first publicly supported liberal arts college for African Americans. Sit-ins were pioneered in Durham.
During the civil rights era, Reverend Martin Luther King, Jr., made five public appearances in Durham. The most dramatic was on Feb.16, 1960, at the Durham Woolworths. The historic lunch counter is on display at North Carolina Central.
In 1910, the six-story Trust Building on Main Street was the tallest building in North Carolina. By the 30s, a public works boom saw the construction of the post office, the armory, Durham Athletic Park, the Snow Building, and the CCB and Kress buildings, as Durham products became known internationally and money flooded into the city.
But as these companies grew and acquired more holdings, many of them left the city and the center of Durham began to lose its vitality. By the 70s, shopping malls and suburbs had drawn people away from downtown, which was carved up by the Durham Freeway and the Downtown loop in a flawed attempt at ‘urban renewal.’
In the 1980s, some of Durham’s older neighborhoods began to be revitalized. Two old tobacco warehouses were restored, creating the Brightleaf Square shopping center. The old Carolina Theatre was also restored and became a center for live performances and films.
The Historic Preservation Society of Durham was founded in 1974 to preserve Durham’s architectural heritage, and people began buying old houses in various neighborhoods. In the years since, many of the tobacco warehouses, factories, and mills have been converted into shopping centers, condominiums, restaurants, and offices.
The Single A Durham Bulls baseball team, made famous by the film Bull Durham (actually, they were one of the top drawing minor league teams before the movie came out), left their old park for a new $16-million brick ballpark in 1995, and the Bulls began playing in the Triple-A International League.
The loss of industry was a big blow to the city of Durham, but the success of Duke University in academics and sports (particularly basketball), the growth of the Duke University Medical center and other hospitals and health services, not to mention nearby Research Triangle Park and North Carolina Central University, is more than enough to offset the losses and mistakes of the past.
The downtown warehouses and lofts attract artists, dancers, musicians, and restaurateurs and have made the city a good bet for investors. In the near future, if not right now, Durham should begin to look and feel like the exciting place it once was.
With a vibrant international and artistic community, the people of Durham are ready.
Attractions & Activities
American Tobacco Campus
318 Blackwell St Durham NC 27701
Former “Lucky Strike” cigarette factory, which was transformed into a 1 million sq. ft. retail, residential, and office campus, includes restaurants, shops, an amphitheater, and on-site parking garages.
905 W Main St Durham NC 27701
Shops, nationally acclaimed restaurants, and thriving nightclubs in the west end of Downtown Durham. Anchored by namesake Brightleaf Square, listed on the National Register of Historic Places. It includes turn-of-the-century brick tobacco warehouses, art galleries, jewelers, clothiers, and specialty shops.
For more area attractions, visit: Things to do in Durham
Parks & Recreation
Durham Parks and Recreation strives to help citizens discover, explore, and enjoy life through creative and challenging recreational choices that contribute to their physical, emotional, and social health.
Let this site serve as your guide in planning healthy, fun, and quality activities for you and your family. We can show you how to play more!
For more information, visit Durham Parks and Recreation.
For a complete list of events in the Durham area, visit Durham Events Calendar.
City/County Government & Chamber of Commerce Guide
Contact information for the utilities for your new home.
Durham County Schools
Located in Durham, North Carolina, Durham Public Schools serve over 32,000 students in 53 schools across the city and county.
We employ 2,400+ teachers, and partner with community organizations, businesses, and the many higher education entities in our area, such as Duke University, North Carolina Central University, and Durham Technical Community College.
For more information, visit the Durham Public Schools website.