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"I want to know what's going on, but I don't want to be on call 24/7. This works perfectly!"
Sonia, 5 rentals
Services start at $40/month
Full transparency and control with your financials and New York rental income
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Local Brooklyn support while you monitor your property management from anywhere
Odalis graduated with a bachelor's in psychology. She then went on to manage a 24/7 Suicide Prevention and Crisis Intervention Lifeline before pursuing her career in real estate. Odalis grew up in Brooklyn, making her a market expert. Odalis' energy and cutting edge expertise keeps her driven and committed to helping her clients get the best resul... See more
For nearly a decade, Anthony started his real estate career with Area New York in Manhattan, New York. He has been helping clients sell, buy and rent luxury residential properties. Anthony comes with an impressive professional real estate background. His 20 years of real estate experience began at Cohen Brothers, where he was an assistant property ... See more
Brooklyn, NY is a borough of New York City and is one of the five boroughs that make up the city. It is located on the western end of Long Island and is bordered by the borough of Queens to the east and the borough of Staten Island to the south. Brooklyn has a population of over 2.5 million people and is the second most populous borough in New York City. It is also the most populous county in New York State. Brooklyn is home to many different ethnic groups and has a diverse cultural scene. The borough is also home to many historical landmarks and is a popular tourist destination.
The average property management fee for rental properties range from 8% to 12% of the monthly rental income. For instance, if your rental property’s monthly rent is $2,000, the management fee would typically range from $160 to $240 per month. With a property management software, like Hemlane, you can manage your rentals for as little as $40/month.
Many property management firms typically charge a monthly fee ranging from 8% to 12% of the rent they collect. Some may charge less or more, but the average hovers around 10%.
A property management company is responsible for overseeing various aspects of rental properties on behalf of property owners. Their responsibilities generally include: marketing and advertising, screening potential tenants, drafting and renewing leases, tenant move-in and routine property inspections, tenant communication, rent collection, maintenance and repairs, and financial management. With Hemlane, you get 90% of what a property manager does at a fraction of the price. From advertising, maintenance coordination, rent processing, and eviction support.
A property management software are applications designed to assist landlords and property managers in automating their back-office tasks, financial operations and administrative procedures. This includes monitoring maintenance requests, document storage, providing an online tenant portal, processing rent payments, and more.
The main benefits of a property management softwares are to reduce costs and promote growth by automating the day-to-day administrative tasks. Here are some ways this is done: providing an easy way to monitor maintenance, streamlining accounting and payments, and automating tenant communication.