PROPERTY MANAGEMENT SERVICES

When owning property overseas, it’s of the utmost importance that you have a team with whom you can communicate clearly and regularly. MGNI’s knowledge of the local market, combined with our customized marketing strategies result in maximizing values, minimizing risks and promoting long-term sustainable tenancy. Our Real Estate Management Services team takes the time to understand your market dynamics, ownership goals and short or long-term strategy for your property. We provide a full suite of property management services for commercial office, retail, and industrial assets, in addition to residential.

Our complete property management services turn everything into a push-button operation for our client. Anything you need done, any instruction at all, will be a phone call or email away. We place a high priority on customer communication, and nothing is done without express client say-so. We offer a complete service portfolio ranging from accounting to coordination of property repairs and maintenance. Some of our services include the following:

Tenant Screening

Your property is a valued investment; as such, we want to make sure we don’t allow just anyone in it. Tenant screening is a vital component of reducing your risk as owner. We assume nothing as fact until verified by credible evidence, and asking any and all questions we deem necessary.

Monthly accounting statements

Owners receive a monthly electronic accounting statement which includes a detailed description of any and all repairs and / or payments made. Copies of all invoice paid during management of any one unit of property are filed at our offices.

Comprehensive Online Marketing

We ensure that each owner’s property has the best opportunity to be leased quickly. Our services include rental price analysis, professional quality photography, email blasts to clients, use of social media, prompt responsiveness to potential applicant inquiries, & tenant screening.

Rent collection

MGNI is very firm about rent collections. Rents are due between the first and fifth (1st. and 5th.) of each month, and considered late on the sixth (6th.). Late fees are charged and if necessary legal action is taken to ensure proper payment.

No-obligation contracts

Our service agreement can be cancelled without penalty at any time. We are at your service.

Professional-quality photography

The photographs we take and use for our rental listings are of great importance, as that is, quite literally, the first thing a potential client will see. We invest in top of the line cameras and digital photography software to assist our leasing agents in being able to provide professional quality photographs.

Property Inspections

Our lease agreements specify in no uncertain terms that property inspections can be expected during a lease agreement. If agents of MGNI have reason to suspect the apartment is not being used in a proper or lawful fashion, they have authority to enter the unit. Our offices hold extra copies of keys to each managed unit.

Collection of rental payments and transfer to owner’s bank account

Our offices handle payment of rental by tenant; whether by cash, PayPal, bank transfer or any other form of debt cancellation. An invoice is generated, and subsequently the collected money is either held for the owner, or sent to wherever he indicates.

Value enhancement

Significantly reduce operating costs through vendor / service contract re-negotiation, or otherwise searching out new service providers which may be more cost-effective.

Inventory Walkthrough

Our offices generate a full inventory of everything inside the owner’s unit, so as to have a Dollar-value associated with each item, in the event something is broken or goes missing.

Drafting and signing of rental agreement / collection & return of security deposits

Our team of lawyers draft ironclad contracts, making sure all bases are covered, so that our client – the owner – is fully protected. Security deposits are collected as well, to ensure that the lease agreement is honored, and to be used in the event of any agreement violations.

Maid service and preparation of property for guest or owner arrival

We have professional, highly-trained maids who have worked with MGNI for many years, and are charged with preparing units for the arrival of either a guest, or the owner. They pay exceptional attention to detail, making sure that each person who stays at one of our units feels right at home, leaving fresh linens, towels, soap, and the occasional bottle of wine.

Concierge services & problem resolution for guests and clients

Our agents are available to answer any questions about our units, 7 days a week, year-round.

Payment of all apartment bills & utilities

Our software tools ensure all bills are paid in a timely manner; either at bank tellers, or by way of electronic payments, online.

Home Improvement Projects

Follow-ups to make sure contractors are performing their jobs in a timely and agreed-upon fashion. We take to the hiring, and supervision of on-site employees; specify and bid vendor contracts; screen vendors and track insurance; supervise all services from commencement to completion.

Maintenance and repairs as needed

MGNI has an administrative team whose primary responsibility is coordinating repair and maintenance requests. Our trusted contractors provide quality work at a reasonable price. Nothing is done without the owner’s prior authorization.

Sending tenants notices of eviction, as needed

MGNI‘s legal department is comprised of highly-efficient lawyers, who have experience in both civil and criminal cases. Any necessary legal action has been foreseen, and can be addressed by our team of lawyers. We have retained the services of Estudio Rossi & Asociados, which is comprised of a third-generation family of attorneys and notaries public. Their offices have been in the same building for over 80 years (for more information, you can contact them directly by clicking here).

Payment to third-party service providers

Our office handles all payments to third-party service providers; these may include, but not be limited to: contractors, purchases of furniture / appliances / other, payment of services / fees. This also includes overseeing of delivery of any such items purchased.

Due Dilligence

MGNI consults with clients to provide detailed scope-of-work reports and property assessments for all real estate product types. Our due diligence site teams have the ability to identify short and long-term risks, coordinate with third-party inspectors and prepare thorough reviews of each asset. After each inspection, MGNI provides a comprehensive written report of our findings.

Sustainability

MGNI is committed to sustainability and ‘going green’, for the properties we manage. Our dedication to the environment takes many forms, from following recycling programs in our managed condos to electronic communications. Our goal is to maximize return on investments through property efficiencies and performance, while lowering our carbon footprint.

For more information on our property management services, please contact us at info@mgotz.com