Property Management Services
Professional Property Management in Raleigh, Durham, Cary & Surrounding Areas
Are you looking for a reliable property management company in Wake County? Look no further than Block & Associates Realty. We have 11 full-time real estate professionals exclusively dedicated to property management.
They will serve as your eyes, ears, and local representative to ensure your property operates efficiently and effectively. Our goal as your representative is twofold: To protect and maximize your return on investment.
Have every aspect of your property managed by a team of qualified professionals.
Call 919-459-6300 or contact us online to get started with Block & Associates property management today.
What To Expect When Using Property Management Services
RENTAL CONTRACT COMPLIANCE
We handle correspondence and discussions between you and your tenants on your behalf, saving you time.
Our standard lease requires your tenant to abide by all rules and regulations of the homeowners association. Working directly with your HOA will enforce rules and regulations to keep your rental property up to par with the neighborhood standards, helping you avoid fines.
At the end of the lease, we’ll complete a move-out inspection, assess damages, charge your tenant where appropriate, and disperse security deposits with itemizations as required by law.
No need for you to worry! We’ll complete the transaction in accordance with all North Carolina real estate rules and laws.
Contact us to learn more about how we can help enforce rental contract compliance as part of our rental property management services.
We will promptly address and follow up on maintenance requests, whether received via phone, Block & Associates’ online service request form, or our after-hours emergency pager.
Our preferred vendors work with us extensively at competitive rates. Additionally, we don’t make a profit off any vendor charges. We also troubleshoot maintenance issues with your tenant on the phone (before we call a vendor), often avoiding the need for a service call and saving you money.
We also arrange for move-in and move-out property inspections and written reports by a third-party, independent inspector at the beginning and end of each lease.
Monthly statements, including copies of paid invoices and year-end statements, are provided to help keep your finances organized. This will also help your tax preparer maximize your tax deductions.
Some bills can be paid on behalf of our landlords at no extra charge, including warranty renewals and repair invoices.
Your tenants are invoiced monthly and in a timely fashion for any past due rents, late fees, and other outstanding charges. We track all of this, so you don’t have to.
We receive the rent due and distribute your net rent through monthly deposits (or mailings). We also make every effort to minimize special tenant requests regarding payments or payment dates.
We are not attorneys, but our years of experience allow us to share our knowledge regarding landlord-tenant law. Eviction proceedings are filed monthly at a secured, negotiated rate through a local real estate attorney who only represents landlords.
If there are ever any unpaid debts, they’re reported to credit bureaus in an attempt to collect any outstanding debt owed to you by your tenant.
To manage your investment property, we charge a competitive percentage of the monthly rent (or $80 minimum per month for modest properties) to manage your investment property.
Vacant management: If your property is vacant at the end of a lease, we’re happy to continue management at a flat fee of $80 per month. Our vacant management services include making utility connections in our name and handling maintenance arrangements such as lawn care, HOA requests, etc. These services will be paid from your maintenance fund. We’ll also perform monthly inspections and notify you of our findings. All this will save you time and protect your property.
Renewals: Leases that are renewed on managed properties are renewed by your rental agent for a modest $150 charge (this includes an interim inspection). We do our best to maximize your return on investment.
We’d love to help you with all your property management needs.
Why Work With Block & Associates Realty?
Block & Associates is the premier provider of upscale rentals in the rapidly growing Triangle Region of North Carolina. Serving Raleigh, Durham, Chapel Hill, Cary, and a dozen smaller towns, Block & Associates is a general brokerage residential real estate firm that focuses on residential rentals and real estate property management.
We’ve been in business since 1996, so we have the knowledge and experience it takes to succeed in the market. And with over 40 professionals on our team, you can count on getting the support you need throughout the rental and property management process.
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Frequently Asked Questions
What responsibilities do property managers have?
A property management firm will handle maintenance, collect your rent, and fill vacancies, always with a firm grasp of your property’s budget.
How much does it cost to work with a property manager?
Property managers usually charge 6% to 12% of your rental income, including:
- Flat management fees
- Tenant placement
- A flat lease renewal fee
What are the benefits of using a real estate property manager?
If you’re a serious investor who owns several properties, property management gives you the freedom to focus on your career goals while still drawing from your assets.