Read what our Happy Customers have to say

 

"PMI has been the best decision I could have made. Their customer services is flawless. Both myself and my tenants have been treated to the most responsive courteous and professional service that I have ever experienced.

 

My property is being well taken care of and I am so happy to have such a high quality company watching out for my interests. I wish everybody could enjoy this kind of a relationship with their property management company.

 

- J.B. Wheatley

 

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Lexington Ky Property Management

PMI Central Kentucky is your property management solution in Lexington, Paris, Georgetown, Midway, Versailles, Nicholasville and the Central Kentucky area. Whether you are a property owner needing management services or a prospective tenant searching for a property to rent or lease, you have found a professional property management company ready to help you! We manage a wide range of residential and commercial properties including single-family homes, duplexes, apartment complexes, retail, office space, and mixed-use properties. Our services are tailored to you as an investor, homeowner, tenant, or landlord.
 

If you are a property owner or investor, we will help make your rental property cost-effective and hassle-free. Each client and each property is given the individual attention and care needed to provide maximum return on investment. We have the tools and systems to ensure that your rental property will be rented to the most desirable tenants available. Our professional staff is trained to handle every aspect of managing properties and problems that may occur from time to time. We offer competitive and simple flat-rate fees with no hidden costs. Let us deal with the stress and time-consuming responsibilities of rental property management so that you can relax knowing that someone else is handling your rental property.
 

We would be pleased to provide our full service property management services and make your life so much easier. 

 

Why Lexington Property Manager PMI Central Kentucky?

Management:

  • Move in and move out inspections
  • 24 hour Emergency maintenance and repairs
  • Quarterly Property Inspections with photos and report
  • Rent collection and accounting
  • Owner reports and direct deposit owner draws
  • Owner Portals accessible anywhere in the world
  • Professional tenant problem resolution
  • Eviction services if needed (rarely used)
  • Automated owner draws
  • No renewal fees
  • No setup fees
  • Owner cost approval
  • Owner access to real time financial data
  • Owner access to tenant documents
  • True transparency

 

Marketing and leasing:

  • Optimized web site with all vacant properties featured
  • Hottest lead generation sites are automatically used (over 20 sites)
  • On-site signage
  • No-cost and Low-cost media are utilized
  • MLS listing services
  • E-Newsletter Exposure
  • Personal Showings and Solid Follow up
  • Unmatched tenant screening process
  • 24 hour application approvals
  • Lease negotiations to achieve the best terms for you
  • Professional State approved lease to protect you and your property
  • Tenant retention program designed to reduce turn over and expenses
  • Tenant portals providing tenants access to us 24/7

 

 

CLICK HERE OR CALL US TODAY TO RECEIVE A FREE CONSULTATION AND  PROPERTY ASSESSMENT!

 

REMEMBER:

We don't charge property management fees unless your property is rented or leased!

 

Kentucky Property Management Company serving Richmond, Nicholasville, Versailles, Georgetown and Lexington

Property Management Inc offers a unique perspective to property management through more effective use of systems and reporting tools. All our property managers are trained to focus on what is best for our clients investment with a complete focus on maximizing their return on investment. From our Lexington location we service the towns and suburbs of Richmond, Nicholasville, Versailles and Georgetown. 

 

Specific functions include: Inspections, maintenance and repairs, rent collection, book keeping and tenant mediation.

 

Commercial Property Management Company 

Commercial property has always been a great investment but for some, the time involved can be restrictive in growing their business. At Property Management Inc we take the burden out of managing your commercial property by running the day to day operations and implementing a growth strategy that includes tenant retention, collection, acquisition and management. All our commercial property managers are dedicated to singular projects that ultimately increases our clients profitability and time. 

To learn more about our state of the art commercial property management services please call to speak to one of our property managers at:

 

Call us at (859) 428-PMI1 (7641) TODAY! 

 


Top Six Reasons to Hire a Property Management Company

reasons to hire a property manager

 

If you are a landlord or rental property owner, here are six reasons you should hire a property manager.

 

1. Save Money

A good property management company knows the rental market in your area and will be able to help you maximize the rental rate of your property. They also have more marketing power to attract a bigger pool of tenants. A quality property manager has  tenant screening and tenant retention programs designed to reduce turnover and expense. At PMI Central Kentucky property management we provide all of the above, and in addition we set ourselves apart from other property managers by not charging a fee during vacancy.

 

2. Efficient Rent Collection

A property management company has systems in place to make it easy for tenants to pay their rent. At PMI Central Kentucky property management, we offer tenants the option of paying their rent online for their convenience. Our proven system of rapid response to slow paying tenants weeds out the ones that will never pay and motivates the rest to pay on time.

 

3. Owner-Tenant Buffer

A managing owner or landlord risks getting too personally involved with tenants, creating more problems and less profits. A landlord may be reluctant to charge late fees or enforce rules. The owner may find some tenants difficult to deal with and may even avoid communication with them. A property management company gives the owner the ability to maintain a professional distance from tenants. When problems arise, the owner can relax knowing the property management company will handle them quickly and professionally.

 

4. Organized Financials

Many property management companies provide rental property owners with financial reports that show income and expenses. At PMI Central Kentucky property management, we provide 24/7 access to online portals for owners to view detailed accounting reports including balance sheet, cash flow, and income statements.

 

5. Emergency Calls

Many rental property owners discover that they are always on call since at any time tenants may contact them with a maintenance issue. Traveling, taking vacation, or even sleeping peacefully at night is often jeopardized by the possibility of a tenant calling about an overflowing toilet. A property management company will protect you from emergency maintenance calls. At PMI Central Kentucky property management, we provide 24 hour maintenance and an emergency response system.

 

6. Peace of Mind

The best reason to hire a property manager is the peace of mind that your property is being cared for so that you can live your life.

 

Six Signs of a Good Property Manager

sgins of a good property manager

 

All property management companies are not created equal. Here are things to look for when choosing a company to manage your rental properties:

 

1. They answer the phone

This basic test is a telling barometer of how easy (or difficult) it will be for you to communicate with your property manager. A sign of a poor property management company is one that does not answer the phone and does not return calls in a timely manner.

 

Here at PMI Central Kentucky, we pride ourselves in being available to our current and future clients. We answer the phone and return calls promptly. Try us! (859) 428-7641.

 

2. They have no hidden fees

A good property manager will be upfront about fees - what is and is not covered. All possible costs should be thoroughly explained beforehand - with no surprises after the fact.

 

At PMI Central Kentucky property management, we have no renewal, setup or marketing fees. We even offer discounts for owners of two or more properties. And, we do not charge a fee while a property is vacant.

 

3. They manage the property

A sign of a good property management company is that they do the job they were hired to do. They take care of the property and manage maintenance and repairs. If you or your tenants have to badger your property manager to get repairs handled, then you do not have a good property manager.

 

At PMI Central Kentucky, we have a 24/7 emergency maintenance system as well as an efficient system that makes it easy for tenants to report problems. We deal with the stress and time-consuming responsibilities of rental property management so that you can relax knowing that professionals are handling your rental property.

 

4. They manage the rent

A good property manager will have an efficient rent collection system - as well as a way to quickly identify late or missing payments.

 

At PMI Central Kentucky, our rapid response to a late payment swiftly weeds out the ones that will never pay, and motivates the rest to pay on time. Our effective rent collection starts with a solid lease and strong background checks. We also have a tenant retention program that motivates lease renewal, thus reducing turnovers on your property.

 

5. Ability to attract good tenants

One of the top reasons to hire a property manager is to get your investment property rented quickly, and keep it rented. A good property manager will have strong marketing power that will allow them to tap into a larger pool of potential tenants.

 

At PMI Central Kentucky, we post to 20 of the hottest rental sites daily. Your rental property is also listed on MLS to alert local real estate agents to its availability. We provide personal showings, solid follow-ups, effective tenant screening, and 24-hour application approvals.

 

6. They pay you

A good property management company will not make you wait to receive your rent payments. There should be a system in place so that you can count on timely deposits.

 

At PMI Central Kentucky, you have 24-hour online access to an Owners Portal so you can easily track cash flow. As long as the tenant pays on time, we pay you by the 10th of each month directly into your bank account. We also send alerts so that you can keep track of all funds deposited to your account.

 

 

Should You Sell or Rent Your Home?

property manager sell or rent your home

 

Most investment property owners got started in the rental property business by renting out their own former homes. However, turning a home into rental property is not without risk. If you are wondering if you should sell or rent your home, here are some key areas to consider:

 

Your home's ability to become rent-ready:  Evaluate what your home needs in order to be offered for rent. Does it need new carpet or paint? Do high liability items such as a hot tub or a swimming pool need to be removed?

 

The area rental market:  Conduct a thorough evaluation of the rental market for the neighborhood to determine if there is sufficient demand and a fair rental rate. At PMI Central Kentucky property management, we have expert knowledge of the rental properties in the area and we can help you maximize the rent rate for your property. We will also take care of marketing and showing your property.

 

Your financial situation:  Determine how much maintenance your property needs, or will need in the coming years. Analyze your cash flow and decide if you can carry the unit if it is vacant for several months. At PMI Central Kentucky property management, we never charge any fees during vacancies.

 

Your willingness to become a landlord:  If you rent your home, you may receive calls at all hours, have to deal with tenants that break the rules or don't pay their rent, or even find yourself caught up in tenants' personal lives. At PMI Central Kentucky property management, we serve as an owner-tenant buffer so that you are free of all the headaches of being a landlord. We also provide 24 hour maintenance and have systems in place that motivate tenants to pay their rent on time.

 

If you decide to rent your home, contact PMI Central Kentucky!

 

PMI Central Kentucky is a full service property management company serving Lexington, Versailles, Midway, Paris, Nicholasville, Winchester, and the Central Kentucky area. We offer competitive and simple flat fees with no hidden costs.  Contact us to learn more about our real estate management