What we do - Duties &
Responsibilities of Property Manager in Budapest
RESPONSIBILITIES
BPartner is the owner's
partner in maximising the return on investment of the
property through efficient performance of these four
functional areas of responsibility.The Property Manager acts
in the the best interests of the owner to maintain the
property, keep it occupied with tenants, collect rents,
budget improvements and maintain records.
MARKETING & FINANCIAL MATTERSTo understanding of operating expenses and budgeting,
we are setting appropriate rental rates and balanced by current
market. BPartner has firm knowledge of Budapest residential
market and competitive rental
properties. There is no doubt we are recommending marketing programs, special promotions
and other advertising strategies to the owner in order to
maximise occupancy and rental rates in Budapest.To
understand financial statements,
profit & loss, income taxes and budgeting provided.
TENANT & OCCUPANCY
We Understand the needs of tenants and get
them to move in and then respond to their requests, monitor their
activities regards the lease
requirements. Collecting
rent in a timely manner, and continually assess the tenants'
satisfaction as regards the property's amenities versus
those of competing rental properties in Budapest. The unwelcome task of eviction for
violations or non-payment, for instance, is also part of our
everyday job in Budapest.
FACILITY
MANAGEMENT
Physical managment of the structures (electrical, plumbing, appliance,
and much more) managed by BPartner. We
maintain relaitonships with contractors and repair companies, budget
capital expenditures and monitor the quality of all repairs and
maintenance. It ties with tenant and occupancy management because it
is important to tenant
retention to have well-maintained properties in Budapeset.
ADMINISTRATION
& RISK MANAGEMENT Meticulous records for
accounting and taxes. For reasons of liability, all activities and
tenant interaction must be recorded and maintained. Handling of funds
paid by tenants for disbursement to home owners in Budapest.