Let Us Manage Your Plainfield Rental Property
Do you own a rental property in Plainfield? Let Compass Property Management be your partner in success!
Compass Property Management provides full-service property management solutions that can help landlords maximize their income potential. We manage every type of rental property, including single-family homes, multifamily units, and apartment buildings.
We are focused on providing competent property management services to all our clients. To do this, we hire the best and most highly skilled professionals in the real estate industry.
Our employees undergo continuous training so they remain up-to-date on the ins and outs of the rental market. It is our goal to provide the best property management services to help landlords get the most out of their investments while reducing their workload.
When you work with us, you’ll get access to custom-developed property management software that helps make your property management transactions so much simpler. You can also expect our dedicated property managers to stay focused on helping you handle your day-to-day tasks while keeping our communication lines open so you stay updated with the goings-on related to your rental business.
Our Property Management Services
Our property management services are designed to reduce the stress and headaches that often come with owning a rental property. Our solutions are carefully established to cater to the unique needs of every landlord.
With Compass Property Management, you can rest assured that your property will be treated with the utmost care and we will take care of your investment like it’s our own. Keep reading for more information on the services we offer to our valued clients.
Marketing Your Rental Property
Vacancies are often one of the biggest expenses for rental property owners. The moment your property is vacant it stops generating income—but you don’t stop paying for the costs associated with owning a rental business.
At Compass Property Management, we take every vacancy seriously and we work tirelessly to ensure that it gets rented out soon. To prepare your rental home for marketing, we take professional pictures that highlight your property’s best features.
We write unique copy that accurately describes your rental unit using a descriptive language that’s meant to pique the interests of prospective residents. Then we list your vacancy on various listing sites, as well as other traditional platforms. With our streamlined marketing process, we are sure to get your property occupied as soon as possible.
Prospective Resident Screening
Screening potential residents is a crucial process that we do not take for granted. We aim to find residents who are able to pay their rent on time, abide by the terms and conditions of the lease, and will not cause any trouble with their neighbors. With our experience in property management, we have established an effective process that helps us find the perfect residents for your rental home.
We want to avoid renting to people who will only cause you trouble. Problematic renters are not only a major cause of unnecessary stress, but they can also damage your property and cause financial losses.
This is why all applicants go through a strict screening process, verifying their background, financial resources, employment, credit, criminal record, and previous tenancies.
Getting paid on time is essential if you want to have a healthy cash flow to keep your business running. However, collecting rent payments can be a time-consuming process especially if you’re doing it manually. Many landlords dread having to chase after rent payments month after month.
The good news is that manual rent collection becomes a thing of the past when you work with Compass Property Management. With our various payment options, we make rent payments easy for your tenants. We collect full rent payments every month so you’ll receive your income on time.
Proper Maintenance and Repairs
With Compass Property Management, your rental property will remain in its best condition. We will take care of the upkeep of your rental unit so it’ll stay as good as new. A property that’s well taken care of will easily attract and retain long-term renters. To do this, we will inspect your property regularly and attend to issues on a timely basis.
We will also handle repair requests from residents so you don’t have to worry about them. We partner with an experienced property maintenance team with the skills to ensure that all your property’s repair needs are addressed efficiently.
At Compass Property Management, not only will your investment property retain its value, but you’ll also have happy and satisfied renters who are more likely to renew their leases and extend their stays.
Detailed Financial Reporting
Taking care of your rental business means you have to stay on top of your finances. Reviewing important reports from time to time is important for making necessary business decisions. As a busy investor, having to sort through all your paperwork can be tedious and exhausting. But you also don’t want to skip this since it’s a vital part of a successful rental property.
Thankfully, Compass Property Management provides you with 24/7 access to your important financial documents. Rent rolls, cash flow statements, owner statements, maintenance reports, and other important documents are all available through the online owner portal.
About Plainfield, Michigan
Plainfield is home to more than 33,000 residents and its population is growing continuously. With its strong economy, job opportunities, and options for recreation, Plainfield offers a high quality of living, making it one of the top destinations for those who want to invest in real estate.
Plainfield is a great place for enjoying the outdoors. Kayakers, fishing enthusiasts, hikers, and nature souls will surely love the planned improvements within the area, such as rain gardens, kayak access to the lake, expanded fishing access, extended trails, and an integrated community pavilion with a playground.