Professional Property Management Solutions on Long Island, New York
Essential Property Management is a full-service property management company that specializes in managing single-family units, multi-family units, and commercial properties.
We can take care of all of your property management needs, including finding tenants, screening tenants, and maintaining your property.
We have been operating in Long Island and the 5 boroughs of New York City for 25 years. During this time, we’ve been able to help many property owners realize peace of mind through our services.
As a professional company, we are also proud to be associated with organizations such as NAR (National Association of Realtors), NARPM (National Association of Residential Property Managers), and Equal Housing.
Whether you’re struggling to find good tenants, fill your vacancies quickly, maintain your property, or anything else, Essential Property Management can take care of it for you.
Contact us today by calling 516-868-5221 or leaving your details on this form. Our goal is to provide you with the best customer service in the local industry.
Our Property Management Services
At Essential Property Management, we have 25 years of experience serving property owners in Long Island and the 5 boroughs of New York for 25 years now.
This experience has enabled us to develop property management strategies that are both effective and efficient. Our team is honest and transparent in everything that we do.
As a full-service property management company, we can help you with whatever your needs are. This includes, but is not limited to:
1. Filling Your Vacant Units Quickly
Are you struggling to find tenants for your rental property? If you are, Essential Property Management can help. Our team has effective strategies to ensure we find tenants that are the perfect fit for our client’s properties.
Our marketing process is detailed and thorough. First, we’ll visit your property to see whether it’s rent-ready. If it is not, we’ll make arrangements for the necessary repairs and improvements to make sure we make your property look as attractive to prospective tenants as possible.
Next, we’ll create a rental ad that features high-quality photos of your property and a description that highlights it’s best features. Finally, we’ll place this advertisement on the top rental listing sites, such as Zillow and Apartment.com.
We’ll also advertise your vacant property using yard signs and posters.
2. Screening Prospective Tenants Thoroughly
At Essential Property Management, we screen each prospective tenant thoroughly to ensure they are the right fit for our client’s properties. We are looking for tenants that can pay their rent on time, care for the rental properties, and renew their lease at the end of the term.
In our screening process, we check each prospective tenant’s income level. We require that all our tenants make at least 3 times the monthly rent amount.
For example, if the monthly rent cost is $1,500 then tenants need to make at least $4,500 a month. We also check each prospective tenant’s rental history, criminal background, and credit score.
3. Collecting Monthly Rent Payments
Essential Property Management can help you collect consistent rent payments each month which will in turn help you maximize your returns. We have a number of strategies to ensure that the number of rent-related issues we face is minimal.
First, we provide tenants with a number of convenient payment options so it’s easy for them to pay. Second, we ensure your lease agreement is thorough and detailed with rent-related terms.
Third, we enforce these rent-related terms to make sure that tenants know we’re serious about them.
4. Maintaining Your Property
When you work with Essential Property Management, we’ll ensure that your Long Island rental property is well taken care of at all times. This means that we’ll coordinate routine maintenance and necessary repairs on your behalf.
By doing this, we ensure the value of your property is protected and that your property remains attractive to prospective tenants.
Further, we ensure that all of our client’s properties adhere to New York’s health, safety, and building codes so that you can avoid running into legal trouble. Our team of dedicated and reliable contractors helps us to complete all of these maintenance tasks.
5. Providing You With Regular Financial Statements
At Essential Property Management, we believe in transparency, honesty, and accountability. This is why we keep all of our client’s regularly informed about the financial performance of their properties.
All their financial reports are accessible online via our Owner’s Portal where they can be accessed 24/7.
About Long Island, New York
Long Island is a densely populated area in the southeastern part of New York State. There are four seperate counties that can be found on Long Island: Kings County, Queens County, Nassau County, and Suffolk County.
While the boroughs of Brooklyn and Queens can be found on Long Island, most New Yorkers refer to Long Island to specifically refer to Nassau and Suffolk Counties.
Long Island holds the distinction of being both the longest and the largest island that can be found in the counterminous United States, and is larger than the state of Rhodes Island. It's also the most populated island in the United States, and in the top twenty most populated islands in the world.
A range of opportunities exist for property investors on Long Island, as it's home to both some of the most expensive neighborhoods in the world, as well as plenty of affordable, working-class areas.
Areas We Service
At Essential Property Management, we provide property management service to Hempstead, Nassau County, Suffolk County, Long Beach, Garden City, Long Island, and the five New York City boroughs: Brooklyn, Manhattan, Queens, Staten Island, and The Bronx.