Property managment

Peace of mind, reliability and efficiency are what is required of a property management company and that is exactly what Premium Translation Group offer our clients. Our service ensures that your property is well maintained and always ready for your tenants whether your property is rented out for holiday or long term lets.

An initial visit to your property will take place where photographs will be taken and a full inventory of the contents will be produced. We can also check on your property on a regular basis and during severe weather conditions and report back to you.

Premium Translation Group will:

Manage your bills for you if you do not live in Spain.
Help set up online accounts for your electric and telephone and monitor them to view status to ensure bills are being paid on time,
Perform detailed documentation of the interior and exterior including photos.

Make repairs and cosmetic improvements that maximize monthly rent.

Gather data on rental rates in the area and work with owners to determine the optimal rental rate. Rent research will vary, but should include looking at the recently rented properties, according to size and type.

Discuss with owners the pros and cons of different policies such as accepting pets, allowing smoking etc.
Install a lock box.

Work with other realtors and leasing agents to find a tenant.

Provide a 24-hour hot-line where prospective tenants can listen to detailed information about the property.

Field calls from prospects for questions and viewings
Meet prospective tenants for showings throughout the week and weekend.

Provide prospective tenants with rental applications that are legally compliant with fair housing laws.

Tenants move in:

Draw up leasing agreement.
Confirm move in date with tenant.
Review lease guidelines with tenant regarding things like rental payment terms and required property maintenance.
Ensure all agreements have been properly executed.
Perform detailed move in inspection with tenant and have tenants sign a report verifying the condition of the property prior to move-in.
Collect first months rent and security deposit.

Rent collection
Receiving rent.
Hunting down late payments.
Sending out pay or quit notices.
Enforcing late fees.

Evictions:

Filing relevant paperwork to initiate and complete an unlawful detainer action.
Representing owner in court.
Coordinating with law enforcement to remove tenant and tenants possessions from unit.
Legal advise in the event of a legal dispute or litigation.
Refer owner to a qualified lawyer when necessary.
Understand and abide by the latest local, state and federal legislation that apply to renting and maintaining rental properties.
Inspections.

Tenants move out:

Inspect unit and fill out a report on the property’s condition when the client moves out.
Provide tenant with a copy as well as estimated damages.
Return the balance of the security deposit to the tenant.
Forward any portion of the owner’s portion of the tenant deposit to the owner or hold in owner reserves for repairs.
Clean unit and perform and needed repairs or upgrades.
Re-key the locks.
Put the property back on the market for rent.

Premium Translation Group will:

Perform periodic inspections on a predefined schedule looking for repair needs, safety hazards, code violations, lease violations, etc.

Send owner periodic reports on the condition of the property.

Provide accounting property management services.

Make payments on behalf of owner (Mortgage, insurance, electricity, etc.).

Detailed documentation of expenses via invoices and receipts.

Maintain all historical records (paid invoices, leases, inspection reports, warranties, etc.).

Provide annual reporting, structured for tax purposes as well as required tax documents.

Advise owner on relevant tax deductions related to their rental property.

Provide easy to read monthly cash-flow statements.

Maintenance, Repairs, and Remodeling

Provide and oversee an in-house maintenance crew.

Establish a preventative maintenance policy to identify and deal with repair needs.

Assign jobs to different parties (in-house employees, handyman and professional contractors) based on who will do the best job for the best price.

Maintain outdoor areas.

Leaf removal.
Landscaping.
Removing rubbish.
Cleaning.

Maintain and monitor a 24 hour emergency repair
hotline.

Larger renovation or rehab projects.

Provide recommendations on how the project can maximize rental income.