Property Mangement
MXICoders offers comprehensive property management solutions, ensuring efficient maintenance, tenant satisfaction, and seamless operations for residential and commercial properties
Overcoming Challenges in
Property Mangement
Property Management Software
Developing custom property management platforms for tracking rental payments, leases, maintenance requests, and financial reporting.
Tenant Portal
Building portals where tenants can submit payments, requests, and view property details, enhancing communication.
Maintenance Tracking
Creating systems to help property managers track repairs, maintenance schedules, and vendor communication.
Data Analytics
Providing insights on market trends, rent pricing, and tenant demographics to help property managers optimize their operations.
Website Development
Developing websites for property listings, showcasing available units, and attracting new tenants.
Automated Reporting and Financial Management
MXICoders could develop tools that generate real-time financial reports, such as income statements, expense tracking, and profit/loss summaries.
Benefits of Property Mnagement
- Increased Property Value
- Time Savings
- Tenant Retention
- Legal Compliance
- Efficient Rent Collection
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Technologies We Use for Property Management
MXICoders uses cutting-edge technology, including cloud-based platforms, AI, and automation, to streamline property management and enhance operational efficiency
I have worked with MXI Coders over an extended period of time and they have delivered an excellent product but as regards design and functionality this is one of the best providers I have ever worked with and their delivery time is on point we highly recommend this team our collaboration has been excellent thank you to MXI coders.
Annie Watson 🇺🇸
Founder - ABC Group
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Frequently Asked Questions
1.What is property management?
Property management involves overseeing the operations, maintenance, and administration of real estate properties. A property manager handles day-to-day tasks like tenant relations, rent collection, maintenance, and leasing, ensuring that the property runs smoothly and complies with regulations.
2. What services does a property manager provide?
Property managers typically provide:
- Tenant screening and placement
- Rent collection
- Property maintenance and repairs
- Lease administration
- Evictions (if necessary)
- Financial reporting (including income/expense tracking)
- Handling legal compliance (local, state, and federal regulations)
- Marketing and advertising vacant units
3. What is the cost of hiring a property manager?
The cost of hiring a property manager typically ranges from 8% to 12% of the monthly rental income for residential properties. Commercial property management fees may differ. There may also be additional fees for leasing, maintenance, or other services.
4. How do property managers screen tenants?
Property managers use a thorough process to screen tenants, including:
- Checking credit history and scores
- Verifying employment and income
- Conducting background checks (criminal and eviction history)
- Contacting previous landlords for references
5. What is the process for evicting a tenant?
Eviction is a legal process that varies by location. The general steps include:
- Issuing a formal notice (e.g., notice to pay rent or quit)
- Filing a lawsuit if the tenant doesn’t comply
- Court proceedings
- Physical eviction by law enforcement if necessary Eviction can be costly and time-consuming, so property managers aim to prevent it through proactive management and effective screening.
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