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Property Management in West Palm Beach
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WEST PALM BEACH
Owning rental properties that produce lucrative returns requires time, effort, knowledge, and experience. Our full-service property management in West Palm Beach helps save you time and effort and minimizes your stress so you can focus on investing in real estate, not managing it.
The team at Kanga Property Management can help you make a profit by handling all residential property management tasks using our tools, expertise, and extensive resources.
West Palm Beach and Palm Beach Gardens are excellent places to own property. These communities, which contribute to South Florida’s strong rental property market, have it all. They are great for families and vacationers. Year-round sunshine, pristine beaches, and great public schools are among the many things that make West Palm Beach and Palm Beach Gardens so special.
If you’re interested in boosting your portfolio of properties or considering purchasing your first, this may be the perfect location for you. Rental prices are rising and with the COVID-19 economic shakedown behind us, a sharp recovery and continuous growth are assured. It’s a great time to get in the market!
Like many things, Real estate investment is most rewarding when done right. It is a tedious and unreasonable full-time job to buy and manage properties by yourself. Navigating the laws and market trends of the West Palm Beach and Palm Beach Gardens markets is much easier when you work with experts and leverage their networks, tools, and resources.
We are trusted by West Palm Beach owners and renters thanks to our remarkable track record and reputation. Our presence on the real estate scene of Palm Beach and Broward County now spans more than 10 years. During this period, we have continued to grow while offering high-quality investment and property management services including in the luxurious West Palm Beach community.
OUR RESIDENTIAL PROPERTY MANAGEMENT SERVICES
Professional, thorough TENANT SCREENING
Did you know that a bad tenant can be one of the biggest threats to your valuable real estate investment? A tenant who is financially unstable and doesn’t have a steady income may miss monthly payments, reducing your cash flow. Hiring a collections service to recoup that money is time-consuming and expensive.
If your tenant is irresponsible, you may wind up with expensive repair bills. And you’ll lose rental income if your property is vacant while you take care of the repairs.
A tenant with a history of criminal activity, whether theft or violence, jeopardizes the safety of your property and those who live nearby. And if a bad tenant injures or harms someone on your property, you may wind up liable for damages.
That is why you must screen any potential renter before you sign a contract. But screening tenants is a complicated process. There are state-specific landlord-tenant laws to understand. For example, in Florida, the Federal Credit Reporting ACT (FCRA) requires you to obtain written consent before checking a potential tenant’s credit history. If you neglect this step, you could wind up with a lawsuit on your hands.
Kanga Property Management’s thorough tenant screening process and knowledge of relevant Florida laws will save you valuable time. service to recoup that money is time-consuming and expensive.
If you want your property to retain its value, you need to keep it well-maintained! Over time, normal wear and tear can cause significant damage. For example, rusty old pipes can block water flow and tattered carpeting can be a trip hazard.
Annual inspections ensure your tenant is taking good care of your property. They also enable you to fulfill your responsibilities by giving them a safe, clean, functional place to live. For example, a seemingly insignificant plumbing leak could lead to mold or mildew problems that may jeopardize your tenants’ health.
But annual inspections are laborious, and if you have a full-time job or live outside of the county or state, it will be difficult for you to perform them.
Our detail-oriented team conducts comprehensive annual inspections for our clients. They don’t miss anything! We customize annual inspection checklists for each client, but here are some of the many details it will include:
- Are there any broken windows, locks, or carpet stains?
- Does the ceiling have any signs of mold, mildew, or moisture infiltration?
- Are all appliances functional and safe?
- Are there signs of any type of insect or other pest infestation?
- Do smoke alarms and carbon monoxide detectors work?
- Do the AC air filters need replacing?
- Do kitchen and bathroom drains need flushing or unclogging?
EFFICIENT RENT COLLECTION
Whether you own one property or 10 properties, rent collection is a tedious task. Our efficient rent collection process makes each step easier for you and your tenants and keeps your revenue stream consistent. These are some of the ways we can help:
- Provide tenants with a direct way to pay rent rather than relying on mail, so it’s easier for them and you
- Document every rent payment so you know exactly how much revenue is coming in and going out
- Minimize liabilities from mailing checks or the complicated process of tracking cash
- Ensure every rent payment is documented
- Take care of billing and collections and promptly deposit proceeds into your account every other month
- Send reminders to tenants
- Set up automatic late fees so you don’t have to collect them
- Send rent reminders
We use every channel available to market your investment property and get renters into units expeditiously. Our marketing strategies, including digital and traditional advertising, allow us to fill vacancies faster than the competition.
Our cost-effective, measurable digital marketing strategy includes social media, search engine optimization, and online videos. These methods allow you to reach more potential tenants.
We create customized listings to highlight the best features of your property, such as proximity to the beach or great public schools. We also provide gorgeous professional photos, so your properties look as inviting, beautiful, and highly livable as they are!
SETTING RENTAL RATES
Setting rental rates is one of the most significant tools to ensure your property is occupied at all times. If the rent is too high, your property could be vacant for longer periods. If it’s too low, you’re not maximizing your property’s revenue. We have extensive knowledge of the West Palm Beach and Palm Beach Gardens markets. We consider the fair market rates as well as your property’s worth and demand.
We create thorough financial reports so you know exactly how much income your property is generating and tell you whether your investment is paying off or doing poorly. You can view these reports anytime through our 24/7 online portal.
Rent roll: Our detailed rent roll documentation helps you make informed decisions about your property based on accurate predictions of its current financial state. More specifically, they:
Tell you whether a unit is occupied, the tenant's payment history, the amount of the security deposit, and the current lease’s end date.
Provide information on each unit, such as square footage and number of bedrooms.
Give you a summary of monthly and annual rental income.
Owner report: Our owner reports include details such as account balances and debt. These comprehensive records tell you if you need to adjust spending.
Income statements: The income statements help you determine your property’s cash flow during a specified period including expense and net gains. They also help you find ways to maximize your rental income.
Although our meticulous tenant screening process minimizes evictions, unfortunately, there are still situations – such as when a tenant breaks the terms of their lease agreement – when an eviction is still necessary. Evictions can be a stressful process and they usually require multiple steps such as delivering letters, filing paperwork, and appearing in court.
We handle the entire eviction process for you as quickly as possible, so you can find new qualified tenants and minimize loss of income. In addition, we understand Florida’s complex legal eviction process and have the experience to take the appropriate steps.
And let’s face it, evicting a tenant is a confrontation no one wants to have. With our help, you don’t have to handle the eviction process directly.
You need reliable and available maintenance professionals when your property requires repairs, but it is cumbersome and laborious to find vendors. Our strong ties in the West Palm Beach market have allowed us to create a network of skilled, dependable professionals who respond to our calls quickly to fix any problems and mitigate further damage. We’ll also ensure you receive a fair quote on any repairs because we’ve already negotiated prices with these licensed, bonded, and insured professionals.
WHY CHOOSE KANGAPROPERTY MANAGEMENT
We Provide Best-In-Class Service
We work tirelessly to achieve the best possible results for our clients, and we’re always happy to chat with owners and tenants regarding any questions or concerns. Our team is always easy to reach and eager to help you achieve your property’s full earning potential
We Are Experienced And Reliable
Our team has worked with hundreds of clients, so we know what it takes to achieve consistent results. Regardless of the size of your portfolio, we have the resources and know-how to maximize your profits
We Operate With Integrity
Our talented team’s priorities are integrity, transparency, respect, and accountability. We do everything possible to provide the full story, and we never charge hidden fees. We always do the right thing and constantly strive to improve our services. It’s no wonder we have an exceptional reputation among West Palm Beach and Palm Beach Gardens landlords.
Technology to Maximize Convenience
Our 24-7 online portal makes it easy to manage your account. You can sign in to the portal any time to review notes, statements, and more. It offers full transparency related to your real estate investments
We Handle Repairs Efficiently
When your property needs attention, we contact the most competent and cost-effective service providers. We have strong relationships with local, high-quality vendors. And we can get your property the attention it needs as quickly as possible.
Our friendly, diligent team prioritizes strong relationships and communication with owners and tenants, ensuring vacancies are filled quickly
Exceptional Customer Service
We treat our client’s property as though it’s our own with an investment-focused management style and regularly provide our clients with updates on how we’ll preserve their property’s value with positive cash flow
When you choose Kanga Property Management, you can be confident that a highly competent team is supporting your investment. Contact us now to find out more and get a free rental analysis.
ACTUAL CLIENT REVIEWS
I just moved into a property they manage and have been working with Gladys F, she is not only professional and extremely responsive she is very welcoming. I look forward to a long and happy stay!
The agent (Gladis) helped me out they have very good service and they helped me out a lot
I lived in one of their properties in West Palm Beach for 3 years, of which they managed 2. It was awesome to be able to pay rent and submit maintenance requests online quickly and easily but....