THE FACTS
ASSOCIATIONS NEED TO MONITOR RENTAL ACTIVITY
Rental activity is increasing, and this is creating a number of problems for community associations. Excessive rental activity negatively impacts property values by reducing neighborhood curb appeal, creating safety concerns for a community’s residents, and limiting the availability of mortgage financing (among other things).
THE CHALLENGE
MONITORING RENTAL ACTIVITY IS DIFFICULT AND TIME-CONSUMING
A community’s rental situation is constantly changing, and owners often work hard to hide their rental activity from the board and property manager. Staying on top of a community’s rental situation is challenging, and most boards don’t have the time, energy or resources necessary to do the job properly. As a result, too many boards are shirking their fiduciary responsibilities in this area.
THE SOLUTION
A COMPREHENSIVE RENTAL MONITORING PROGRAM, POWERED BY RMS
RMS provides a turn-key solution to identify, monitor, administer and control rental activity. We use routine occupancy audits and a standardized set of administrative procedures to identify rental properties, and to ensure that our clients have the tools necessary to properly administer the same.
THE BENEFITS
AN EFFECTIVE SOLUTION TO THE GROWING RENTAL PROBLEM
Our team works alongside your property manager to ensure that your community’s rental activity is properly monitored and administered. This approach allows us to deploy additional resources into your community without putting additional demands on your property manager. The result is a long-term solution to a growing problem. And best of all, it’s free to the association.
GET IN TOUCH WITH US
Rental Monitoring Solutions
33 West 19th Street 4th Floor
New York, NY 10011
Fax: 678-550-5234
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