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The neighborhood of Lakeview property management is a vibrant and dynamic canvas for property management ventures, with its diverse cultural environment and lively atmosphere. The area has a number of entertainment options, including boutique shops, hip restaurants and community events, as well as a great walkability score and excellent transportation options. It’s a wonderful place to live, offering the perfect balance of city living and suburban comfort.

Leading Lakeview Property Management: Expert Solutions for Your Property

Located on 5th Avenue in East Harlem, Lakeview Apartments is a charming community of 4 beige brick buildings ranging from 10 – 24 stories. The property was built in 1974 as part of the Mitchell-Lama program and suffered from a variety of problems, including severe water infiltration, financial difficulties, and an unpaid mortgage. Since LIHC Investment Group became involved, the company has stabilized the project and invested $20 million in capital improvements. These include modernizing elevators; addressing Local Law 11 issues; repairing chronic leaks; installing new electric baseboard heaters, thermostats and transformers; and equipping all apartments with newly constructed kitchens and bathrooms.

Most management companies will charge some type of fee for services, which may be a flat rate or a percentage of the rent collected. Find out about all the fees that you will be expected to pay before selecting a manager for your property, and make sure to discuss these with potential candidates in a thorough manner.

Some property managers will charge a leasing fee for their services, which is designed to cover the costs associated with securing a new tenant. Other management companies may choose to include this fee into the overall management fee for a greater incentive to secure long-term tenants. Other fees to be aware of include maintenance fees, accounting and tax preparation, evictions, and insurance coverage.

Post Author: mobilemoodle

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