I am looking for a property management company and want to know more about Pelican Realty Property Management and Real Estate Services.
Pelican Realty Property Management and Real Estate Services is a full service commercial and residential property management company serving the greater Eastbank and Westbank areas. Established in 1998, we serve a growing need for a professional property management company that specializes in multi-family properties, single family homes, town homes, and condominiums.
Why should I choose Pelican Realty Property Management and Real Estate Services over another property management company?
There are several reasons for choosing Pelican Realty Property Management and Real Estate Services. Due to our extensive experience, we lease homes quickly. We have Licensed Realtors that show our homes; prospects are accompanied 100% of the time. We grew from 5 properties under management in August 2006, to over 150+ properties under management in August 2017. The majority of our business comes from referrals or repeat business.
What are the advantages to renting out my home?
Many people are considering renting their home as opposed to selling it, based on an expected financial benefit. We do our best to get the financial benefit that you desire, by striving to maximize and sustain the rental amount and manage your investment so that it continues to make money for you for years to come. Renting out your house turns it into an investment property. This entitles you to deduct operating expenses, maintenance and repairs, and to depreciate the property. Your tax accountant can help you with changing tax laws and all tax related issues.
Why should I hire a professional management company? I might be able to manage things myself?
Being an absentee landlord is difficult unless you have someone to administer the property. Do you have the time to conduct market comparable to price your home in the current market so that it rents quickly? Can you take the time to show your property to potential renters? Do you have the means to screen them by verifying rental history, income verification, a credit check and a criminal background check? Will you be able to manage the property from afar? What happens if a pipe breaks and you’re out of state? Pelican Realty Property Management and Real Estate Services will look after everything related to the property – from advertising your property and screening your tenants to executing the lease agreement, collecting rent, monthly account reconciliation, coordinating maintenance needed on the property, and conducting inspections. Based on the number of clients that we have who began self-managing, and then hired us after a bad experience, it is worth the cost percentage to hire Pelican Realty Property Management and Real Estate Services.
What services do you provide?
We provide a full range of services to property owners including residential leasing, management, accounting, inspections, and tenant management.
What type properties do you manage?
We specialize in residential commercial, residential, multi-family properties, single family homes, town homes, and condominiums. We will accept properties on a case-by-case basis. We manage many homes with high rent and have a great deal of experience marketing homes priced in rent ranging from $800-$3500+
Does my home have to be empty to begin the process?
We will list a home while occupied; however we do require a move out inspection prior to the new tenant’s move in. We will list an owner-occupied home, a tenant-occupied home with a lease, or a vacant home.
How much money should I have set aside for expenses?
We recommend three to six months of expenses depending on your risk tolerance.
Do you have location restrictions?
Ideally, we provide management to properties within 60 miles of our office. But we are very flexible, please call for more information.
Who chooses the rental price for my home?
You do! One of our agents will go by your home and make an assessment, but ultimately the decision is up to you. Certain factors play into pricing a rental property including location, size, and condition of the home.