Rental Facility Property
Management

Property Management Made Simple

Seaside Services Provided

If you own a rental facility or are thinking about investing in one, consider using SeaSide Management as your property management company. We are a locally owned and operated company. We have the resources to help you collect rent, arrange for repairs, stay current with maintenance, and fill vacancies. With the help of SeaSide Management, you will be able to increase tenant retention and continually improve the value of your property. Some services that SeaSide Management provides are:

Income and Expense Management

We use QuickBooks to track rental income and expenses and can provide copies of all your files to your accountant.

We also use QuickBooks to generate reports for our owners as well either on a monthly basis or quarterly basis as requested.

Revenue management is a delicate balance, as a Property Manager we spend time researching what the market will bear and what it will not. Rents that are too low can have various adverse effects on your property, not to mention hurting your bottom line, while Rent that is overpriced for the location or inventory can be just as damaging.

Properly raising rents at your location is probably the simplest and easiest way to increase your income and property value.

Make no mistake: no overnight miracle cures have been discovered to make up for lost momentum. It’s more costly to revitalize a project than to get it right from the start. For example it can take up to two years to dig out a reduced-rent or free rent situation, without ever recouping lost income.

Collections is also a part of Income management

Our Staff is trained in the various ways to keep the tenants informed on when the rent is due and how much is currently due by invoicing either by email or mail.

Our Staff will also initiate the proper proceedings if the rent is not received on time by assessing late fees sending out notices and if still not collected the eviction process.

Expense Management

One of the easiest ways to increase your facility value without spending any money is to cut expenses, or “trim the fat”. You don’t want to get rid of things that are necessary to your operation such as utilities or payroll, but by having us review your profit and loss statement each month you may be surprised at what we see and what you can cut or adjust or should be passing onto the tenants.

Occupancy

Is your facility operating at its optimum occupancy and yielding the best return on your money?

Reaching 100 percent occupancy is not always the goal. To create the best income at your facility, you want to utilize customer service, marketing and rent increases to maintain your occupancy in the mid 90 percent range for self-storage facilities with small to mid-size units and some larger bay buildings may be at 100 percent because those tenants stay longer, and/or operate their business out of the warehouse.

Some facilities are management intense and you must also keep a watchful eye on your asset. Our company has assets in the south east Florida area and we are local residents in Oakland Park and this is important for emergencies and maintaining on-going customer service/relations.

That also creates good relationships with the Municipalities so navigating with City’s rules and regulations goes smoother.

Other ways to keep good tenants and help occupancy is Curb Appeal, most clients drive by the prospective location and see where they would want to either have their business or store their personal belongings.

Our company can either provide those services or ensure the ones you are paying for get done as promised.

Advertising

  • We are local Owners and Property Managers and have signs on all our buildings, so we can direct calls to our properties no matter where the lead comes from.
  • We also manage upcoming lease renewals and advertising of up-coming available units.
  • When appropriate, we analyze market competition and overall market activity.
  • We customize any needed direction for marketing and/or advertising programs suitable for your individual property or local market.
  • We use the 10 critical Marketing Channels including Self-Storage Aggregate websites.
  • Our company is knowledgeable in utilizing all available marketing channels
  • Boosting your revenue is our main goal.

Preventative and Monthly Maintenance and Repairs

Vital Property Management Services include:

  • Preventative Maintenance Programs
  • Periodic and Transitional Property Inspections
  • Reliable Contractors for repairs or emergencies
  • Continuing Education in the Rental Industry.
  • Good Relationships with the Local Governing Authorities
  • Knowledge of various City and County Codes of Ordinances
  • Our maintenance staff can provide prompt attention to any minor repairs and preparation of upcoming rental units for new tenants, or monthly exterior maintenance.