Key Biscayne Property Management
Let us manage your Key Biscayne Rental Property
Owning and managing a rental property can be very stressful and time consuming. It also requires a lot of time to gain the knowledge required to manage a rental property effectively. Not knowing how to do it can cost you a lot of money and legal issues. At Novel Management, our mission is to not only eliminate the day to day stress that comes with managing rental property, but to also maximize your income.
Don't know how much to rent your property for or if the current rent is too low?
We create a detailed market analysis, in which we search for the most comparable properties that have rented in the past 6 months. We combine this data with our knowledge of the current market conditions and provide you with an accurate estimated rental price. We also provide a free preliminary rental price analysis in order to give you a quick idea.
Having a successful rental property requires a lot of time, effort, experience and knowledge. Let us save you that time, effort and frustration that comes with gaining that experience. As a full service Key Biscayne property management company, our team is responsible for taking care of all aspects of managing your rental(s).
How much rent can you get for your investment?
Our market analysis helps landlords and us make data-informed decisions about their rental property, including rate estimates and other information so they can invest and manage their investment property more wisely.
- Get Optimized Rental Value for Your Property
- Gain Crucial Insight into Current Market Conditions
- Determine Your Cashflow from Monthly Rental Value
Explore What We Do
Marketing is key to managing a successful rental. We provide an expert market analysis for each property we manage to maximize your return on investment.
We offer convenience and peace of mind by selecting qualified tenants through the analysis of their credit report, criminal background, sex offender registry, employment status, rental history and more.
Collecting rent payments on time is crucial to your cash flow. Through professional and persistent means, we make sure tenants pay on time. We work diligently to expedite the transfer of funds and eliminate any delays in the payment process.
The upkeep and servicing of your property is an essential and worthwhile task. We work with a broad network of licensed and insured professionals that provide an exceptional level of maintenance at a reduced price.
Inspections are conducted to document the condition of the unit and verify necessary repairs. These evaluations, conducted at the beginning and end of a tenant's lease, must be well documented to resolve any disputes by the time the tenant vacates.
Transparency is vital in keeping you informed. Through our online system, you will have live access to the status of your properties. Owners can check for payment history, property maintenance, and a wide range of financial reports.
Unfortunately, circumstances may call upon the eviction of a tenant. Whether it be a breach of contract or lack of payment, we work with our knowledgeable legal partners to take the necessary steps for a timely resolution. Resuming your cash flow as soon as possible and introducing a new tenant into the property is our priority.