Brickhouse Management, LLC BHM Brickhouse Management, LLC P.O. Box 48201 Cumberland, NC 28331 Office: 910-239-7835 Fax: 910-623-2021 Email: brickhousemanagementservices@gmail.com Let’s look at the property management industry.

When to hire a Management Company. Management companies deal directly with prospects and tenants, saving you time and worry over marketing your rentals, collecting rent, handling maintenance and repair issues, responding to tenant complaints, and even pursuing evictions. Plus, a good management company brings its know-how and experience to your property, giving you the peace of mind that comes with knowing your investment is in good hands. Finally, a management company is an independent contractor, so you avoid the hassles of being an employer

Maybe I should hire a Management Company. Although hiring a property management company has many advantages, using one can be expensive. And, even apart from the cost, relying on a property management company is not for everyone. Consider the following factors to determine if hiring a property management company would be a good decision for your business. You should consider hiring a property management company if: You have lots of properties or rental units. The more rental properties you own and the more units they contain, the more you're likely to benefit from a management company. You don't live near your rental property. If your rental property is located far from where you live, hiring a property management company can be invaluable in dealing with the many issues that you will not be able to handle from afar. You're not interested in hands-on management. Many landlords look forward to the challenge of finding good tenants and the rewards of maintaining a safe and attractive property on their own. But if you view rental property ownership strictly as an investment and want little or nothing to do with the day-to-day management of your properties, consider hiring help to manage your property. Your time is limited. Even if you enjoy hands-on management, you may not have much time to devote to your business, especially if landlording isn't your day job. And if you prefer to spend your time growing your business, including searching for new properties, arranging financing for renovations, or changing your business structure, then a management company may be a good way to spend your money. You can afford the cost. Hiring a property management company is an attractive option if you can afford the fees. When interviewing companies, expect to hear quotes ranging between 5% and 10% of what you collect in rent revenue. If it's a down market and you're able to manage things yourself (or with the help of a resident manager or other employees), you may want to keep doing so until the market turns around. You're suddenly inundated with management tasks. If your business is growing, at some point you may find that you need a substantial amount of help to manage everything properly. At that point, it might make sense to hire a management company. You don't want to be an employer. If you hire a resident manager or other employees to help with your property, you become an employer. You'll have to handle payroll and deal with a host of other legal requirements and considerations. But, because a property management company isn't your employee (it's an independent contractor), and neither are the people who work for the company, by using one you avoid the hassles of being an employer. Your property is part of an affordable housing program. If you participate in an affordable housing program, things can get complicated. Usually, in these programs the landlord receives financial assistance, which may be in the form of a grant, low- interest loan, or tax credits, in return for agreeing to rent at least part of the property to tenants earning below a certain income level. In order to continue receiving the assistance, the landlord must comply with a complicated set of rules. With so much at stake, it's often worth hiring a property management company that has expertise and experience with the particular housing program in question.

What will my Management Company do for me? Once you have invested in a rental property, the responsibility of maintaining and running the property can quickly become overwhelming. For many Owners, the logical solution is to hire a Residential Property Management company to oversee their rental property. But is this the right decision for you? Let’s look at the benefits to you.

What will my Management Company do for me? Setting the right rental rates: While looking through the classifieds to see what other landlords are charging for similar properties is a fine way to ballpark your rent price, a good property management company will conduct a thorough market study in order to set a rental price for your property, ensuring that you achieve the perfect balance between maximizing monthly income and maintaining a low vacancy rate. Collecting and depositing monthly rent payments on time: If you've ever worked in a billing department, you know that securing payment from clients can be difficult, not to mention awkward. Property management companies have efficient, tried-and-true systems in place to effectively collect rent and maintain on-time payments. You'll find this particularly important if you have a limited number of properties, and collecting payments on time is crucial to maintaining your cash flow. Marketing and advertising your property: Through long experience, a property manager will know exactly where to market your property and how to craft compelling advertising materials---a significant advantage when it comes to filling your properties quickly and avoiding long vacancies. Finding the right tenants: Experienced property managers are experts at finding good tenants, and will take care of all the details, including the securing all criminal background and security checks, running credit reports, verifying employment, and collecting previous landlord references. Managing tenants: In addition to finding good tenants, a property management company will manage all aspects of the tenant- landlord relationship. The property manager will handle both routine and emergency maintenance, take care of routine inspections, and manage any situations where conflict resolution is required

Why choose Brickhouse Management, LLC? By staying small Brickhouse Management can remain more agile, with less of the red tape, internal politics, complicated policies and procedures that tend to plague our larger counterparts. Our goal is to maintain the BEST portfolio, which will allow us the opportunity to give the highest quality service around. When playing the numbers game, the quantity of the portfolio outweighs the quality which in turn causes an already bogged down staff to be overworked focusing on problem properties that take up most their time.   Our agency brings a customized package of rental management programs to the owner along with a more personal approach to every guest and resident. Our approach has proven effective time and again, helping property owners realize the full potential of their rental investments. With over 15 years of real estate management experience our business has been tested tried and found to be true. We have listened to the hardship, frustration, confusion and understand what owners, residents and guests really want. They are tired of being just another number and want quality service to continue not stop once the paperwork is signed.

Why choose Brickhouse Management, LLC? This is why the majority of my clients who have switched agents have migrated from the larger franchise groups, and all have the same expectations in common: They want personalized service; They want continuity in their point of contact; They want to know the person who is actually managing their property; And they want someone with a wealth of experience.

Take the time and contact the small but mighty, mighty, BRICHOUSE MANAGEMENT, LLC your premier management company. We are here for you.