We steer you to solid research and information to help you make decisions to maximise the long-term value of your assets. While you are holding onto your investment, a sound strategy is to take advantage of daily or long-term apartment rental markets of Ukraine (Kiev), Kazakhstan (Astana, Almaty), Russia (Moscow, Sochi)
Perform documentation of the interior and exterior including photos
Offer recommendations on repairs and cosmetic improvements that maximize monthly rent while ensuring a strong return on investment.
Gather data on rental rates in the area and work with owners to determine the optimal rental rate. Rent research will vary, but should include benchmarking against recently rented comparable properties according to size and type.
Discuss with owners the pros and cons of different policies such as accepting pets, allowing smoking etc.
Filing relevant paperwork to initiate and complete an unlawful detainer action
Coordinate the local law firm to remove unlawful detainers
Provide help with accounting for the property
Detailed documentation of expenses via invoices and receipts
Maintain all historical records until handover to the owner (paid invoices, leases, inspection reports, warranties, etc.)
Provide documentation for tax purposes
Advise owner on relevant tax deductions related to their rental property
Provide easy to read quarterly cash-flow statements which offer a detailed breakdown of income and itemised expenses
Organise and oversee maintenance work
Leverage a network of licensed contractors to perform the repairment and renovation service
Assign jobs to different parties (in-house employees, handyman and professional contractors) based on who will do the best job for the best price
Larger renovation projects
Provide recommendations on how the project can maximize rental income
Prepare preliminary cost estimates
Act as general contractor overseeing the work