Total Property Management

Total Property Management - This company name is frequently used by various kinds of property management companies.  The word "Total" is typically meant to communicate that the firm offers a full suite of services for their clients. If this is the case then the specific services will vary based on the type of property that is being managed but usually includes some of the following services:

Residential and Commercial Property management:

• Evaluating the property and determining the right rental rate (Involves looking at recently rented comparables)
• Advertising vacancies (Prepping the unit, creating ads, showing the unit)
• Tenant screening
• Drawing up a lease and making sure it is property executed by tenant prior to move in
• Collecting first months rent and security deposit
• Rent collection
• Evictions
• Routine inspection inside and outside the unit
• Purchasing supplies
• Accounting and reporting services
• Repairs and maintenance
• Advising client on rental property investment opportunities

HOA and Condominium (Association) Management:

• Accounting Services
• Reserve studies
• DRV monitoring
• Attending board meetings
• Mailing out due coupons
• Managing the upkeep of common areas
• Newsletter Creation and distribution
• Creating and maintaining a website

Read our hiring guide to find out what to look for and what questions to ask before you hire a property management company.