Property Management Services
RESIDENTIAL & COMMERCIAL PROPERTIES
Investments in real estate can offer excellent financial opportunities and personal satisfaction, but they require careful selection and consistent, high-quality management. Management of real estate is a service industry where a myriad of daily services must be routinely provided in order to effectively address the needs of the property owner.
PRIMARY FUNCTIONS OF DECA REALTY AS A PROPERTY MANAGER:
- Achieve the objectives of the property owner
- Generate income for the owner
- Preserve or increase the value of the investment property
FORMULATING THE MANAGEMENT PLAN:
Prior to embarking on a management assignment, the professionals at Deca Realty formulate a management plan for the property. This is done after careful analysis of the market and the individual property as well as analysis of the owner’s objectives. This management plan becomes the blueprint upon which the property management assignment is carried out. The ultimate goal is to provide each individual owner a management plan which fits his/her needs. In other words, some owners want to retain a large degree of input into the management of their property while others, because of lack of time or knowledge, want our professionals to handle all facets in the management of their property.
DEPENDING ON THE OWNER’S OBJECTIVES THE MANAGEMENT PLAN MAY INCLUDE:
- Tenant Screening
- Lease Negotiations
- Advertising & Showing
- Tenant Relations
- Management Reports & Tax Reports
- Marketing & Property Promotion
- Maintenance & Renovation
- 24-Hour Emergency Calls & Service
- Risk Management & Insurance
- Paying Bills Including Mortgage Payments, Utility Bills and Insurance
PROPERTY MANAGEMENT SERVICE FEES:
The fees charged for property management services are a percentage of the gross rents collected. These fees are negotiated individually with each owner based on many factors, including the location of the building, vacancy rates, and amenities offered. Also, a leasing fee is typically charged for vacant units.
TYPES OF PROPERTIES WE MANAGE:
- Single Family Dwellings
- Multi-Family Units (two families on up)
- Condominiums and Associations
- Office Buildings
- Retail Properties
Check Market Rents
HOME OWNERS ASSOCIATIONS
Successful management of an Association takes experience. At Deca Realty, we have the experience you need. Since 1990, our family-owned business has been serving the St. Louis area, where we continue to be a leader in the field of Association Management. Fostering positive relationships between your Board and your residents is our specialty. Additionally, our property managers are proficient at problem solving; working with contractors, budgeting and following-up to ensure success in all areas.
Your community is just as important to us as it is to you. Learning about your community, its history, and its vision for the future in where we begin. With this information in mind, our skilled property managers use their expertise to keep things running smoothly. We have 24-hour emergency service and your questions/concerns are always a priority for our staff.
Deca Realty provides management services to condominium associations, homeowner associations, and villa associations. We manage associations of all sizes and would be happy to talk to any community leaders in need of services. Just give us a call and learn how we can make your life easier.
What People Are Saying About Us
St. Louis Property Management News
Depending on state law, city regulations, and municipal codes, there are many requirements for landlords and property management companies to abide by when providing rental property. Although these may differ slightly depending on location, there are some general...
As an investor who has purchased a rental property, your due diligence is done. You know what you can expect with the return on your new investment, you know the cap rate and what your long-term potential profit will be. All the closing papers are signed and your dream has come true. You get to sit back and collect rent while your tenants take the utmost care of your property. You retire to the beach in Florida and the tenant continues to occupy your property forever.
Retaining good tenants is key to successful property management. At Deca Realty, we know decreasing tenant turnover will increase your ROI and save time. It will also save lots of expenses like advertising, background checks, and unit turnover which could include...
When someone says “real estate investment,” it can mean different things to different people. Things like buying and flipping houses or property management come to mind. No matter the route you take to profit as a real estate investor, here are some best practices to...
Whether you’ve noticed or not, it’s likely that you come into contact with “real estate investing” every day. Watch one of the many shows on house flipping on HGTV? Drive past those yellow signs on stop lights that say “We pay cash for houses?” Talk to your neighbor,...
Whether you live around the corner or across the country from your rental property, the benefits of using a qualified property management company like Deca Realty are numerous. Here's a list of what the Deca Realty Management Team does to protect your investment. We...
St. Louis property owners should have the right landlord insurance policy in place to protect their investments. This policy is similar to homeowners insurance, but for property owners. At Deca Realty, we strongly encourage all our property owners to have a discussion...
At Deca Realty, our rental property returns thrive on consistent, quality occupancy. Fully-leased property provides a solid income stream. But without the right tenants, profit earned through rental property could be lost. Damaged property, late and unpaid rent, or...
One of the big benefits of hiring a property manager, is for knowledge of the law, specifically the Fair Housing Act. At Deca Realty, our staff is well versed in the federal laws, (state and local as well), that dictate the relationships between tenants and landlords....
Real estate agents and home inspectors are always looking for innovative ways to keep their clients informed. One of the latest tools in the home buying and selling process is drones. Drones are remote-controlled pilotless aircraft that allow aerial shots and...
The Fair Housing Act protects people from discrimination when they are renting, buying, or securing financing for any housing. The prohibitions specifically cover discrimination because of race, color, national origin, religion, sex, disability and the presence of...