Frequently Asked Questions
You can use this guide to familiarize yourself with rules, laws and other important information relating to your property.
Why hire Bridg Property Management?
Our property management company takes immense pride in our reputation for being trustworthy and knowledgeable in the area. We prioritize transparency and integrity towards our clients by avoiding any unnecessary complications, unexpected fees, or undisclosed contract details. Our primary objective is to deliver exceptional management services for all your properties, enabling you to attain a better work-life equilibrium while expanding your investment portfolio.
How much rent should I charge my tenants?
Our research is designed to assist you in determining the appropriate fair market rental rates based on your property and location. As rental rates fluctuate over time, we make it our responsibility to stay informed of all the latest trends to attract suitable tenants and lease your property as soon as possible.
How does BPM find the right tenant?
After many years of refinement, our tenant selection process has been efficiently streamlined to a dependable framework that allows us to evaluate and identify the most suitable candidates for a particular property. Each applicant undergoes a meticulous screening process that includes verification of their identity, employment, and income. We further conduct extensive direct credit checks with multiple credit and tenant bureaus to obtain a comprehensive understanding of the prospective tenant’s background. This thorough process enables us to assist landlords in making informed decisions.
What benefits does a property management company bring?
Property Management companies are uniquely qualified to ensure smooth and efficient operation of property leasing and renting processes. This, in turn, fosters better relationships between landlords and tenants. With their expertise, Property Management companies can effectively screen and select A+ tenants, while also marketing the property in the most attractive manner possible. Their market research and knowledge of location trends allows for fair pricing of rent as well. Lastly, the ability to enjoy round-the-clock support is a significant advantage, especially for those with multiple properties.
How much does your property management company charge for its services?
Our fees vary depending on the specific services required and the size and complexity of the property. We offer competitive rates and a transparent fee structure, with no hidden fees or charges.
How do you ensure that tenants are reliable and responsible?
We have a rigorous tenant screening process that includes credit and background checks, employment and income verification, and rental history verification. We only accept tenants who meet our strict criteria and have a proven track record of responsible tenancy.
In what way does BPM deal with tenants who fail to make their rental payments?
While no process is completely immune to flaws, such as bad tenants slipping through or previously excellent ones developing undesirable habits, we have established a reliable safeguard through our experienced legal team who possess extensive knowledge of local laws and take appropriate actions. If your tenant falls under our rental guarantee, we will manage the eviction process at no additional cost to you.
What is the process for checking the performance of my investment?
To determine whether your investment is generating a satisfactory return on investment, regular financial reports are the most straightforward approach; we provide precise and comprehensible data that facilitates seamless record-keeping and calculation, and any doubts regarding any aspect of a financial report can be resolved by contacting us.
Why should you choose a property management company?
Managing a property can be overwhelming, particularly when one has other responsibilities to attend to. Fortunately, a Property Management company can assist in reducing the workload by managing all the essential day-to-day tasks involved in operating a thriving property. This can result in increased return on investment (ROI), a more hassle-free experience, as well as additional time and resources to invest in expanding your real estate portfolio. By choosing our management services, along with our rental guarantee, you can rest assured that owning real estate will be a stress-free experience.
How do you handle maintenance and repairs on properties you manage?
We have a dedicated team of maintenance and repair professionals who are available 24/7 to handle any issues that arise. We also work with trusted vendors and contractors to ensure that all repairs and maintenance are performed promptly and to the highest standards.
We stay up-to-date with all relevant local and state laws and regulations and work closely with legal professionals to ensure that all of our policies and procedures are in compliance. We also provide ongoing training and education to our staff to ensure that they are knowledgeable about all applicable laws and regulations.
Connect with Us Around the Clock
Get in touch with us anytime, any day! Our energetic and responsive team is at your service 24/7, all year round.