Top Rated By Gartner
"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
Let us automate your workflow and operations
Local Schenectady support while you monitor your property management from anywhere
I have over three years of experience in flipping property in Central New York. I have been both a buyer and a seller many times. That experience is extremely valuable in both understanding and embracing a clients needs. My previous career as a Chef and Event Manager, coordinating luxury events in Miami, Fl. I have many many years of working with ... See more
If you're looking for a mid-sized city with a small town feel, Schenectady is the place for you. With a population of just over 150,000, Schenectady is the perfect blend of urban and suburban. The city offers a variety of amenities and attractions, including a world-renowned museum, a bustling downtown area, and a variety of parks and recreation areas. Schenectady is also home to a number of colleges and universities, making it a great place to live and learn.
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.