August 23, 2021

Property Management

Property Management Solutions You Can Count On

Westwood Management has provided property management solutions in Nashville, Franklin, and Brentwood for over thirty years, helping our clients get the most out of their property investment portfolios. If you’re not interested in taking an active role in managing your properties, you need a local property manager that you can work with.

When you entrust your investments to a management company, you want to know that they’re going to take good care of your properties and tenants. We keep your tenants happy, your properties well-maintained, and your finances organized so you’re free to focus on other ventures.

Let us know if you’d like a free quote or more information about our property management solutions.

What is Property Management?

Property management is the oversight and management of a rental property. Efficient property management will ensure that all properties in a portfolio are bringing in as much income as possible while maintaining a low overhead. Property managers must also ensure that rental properties are complying with local rules and regulations related to fair housing, renters’ rights, and more.

What do property managers do? Facilitate, ensure, minimize, cultivate, and inform.

Among other things, an experienced property manager will:

  • Facilitate timely, seamless rent collection
  • Ensure properties are kept up to standard
  • Minimize or eliminate unnecessary expenses due to inaccurate tax reports, or failure to comply with relevant rules and regulations
  • Cultivate positive relationships with tenants, keeping the turnover rate low
  • Keep the property owner informed of the physical and financial state of rental assets

Most real estate investors hire a property manager to handle the day-to-day management of their properties, especially if they own multiple units. Hiring a property management company allows property owners to take a hands-off approach and spend more time focusing on making new investments to grow their portfolio.

If you’re looking to better understand the management of multiple properties governed by a Homeowners Association (HOA), this is known as Community Association Management.

Property Management Solutions

If you’ve spent time searching for a Nashville property manager, you know that every management company offers something slightly different. Westwood Management offers a wide range of services so we can give our clients as much, or as little, help as they need.

Property management solutions - rent collection, financial reporting, property surveys, property maintenance and repairs, tenant screening and property tax services.

Rent Collection

Rent collection is an invaluable part of property management solutions, saving you time and stress, and oftentimes resulting in a steadier, more consistent flow of rental income than if you handled it on your own. Let the Westwood team take care your rent collection and you won’t have to spend another minute chasing down late payments or handling rental disputes. We provide tenants with a consistent rent payment method that makes it easy for them to remember and complete payments.

Financial Reporting

Finding a Nashville property manager with financial expertise is a must if you want to track your investment property’s financial goals. We prepare a variety of financial reports that will give you a clear picture about the condition of your rental property. And because we keep experienced CPAs on staff, you can be sure our reports are comprehensive and accurate so you have the knowledge you need to make decisions and increase the value of your assets.

Property Surveys

Property surveys are a property management company’s biggest tool when it comes to protecting the value of your property and maintaining a positive tenant relationship. We conduct regular, thorough surveys that can help you take care of maintenance issues before they become a problem, saving you money, keeping your tenants happy, and preventing liability issues from unsafe conditions. Surveys also allow us to ensure tenants are following lease terms without damaging the relationship.

Property Maintenance & Repairs

Keeping on top of repairs and maintenance for rental properties can be a full-time job, especially if you own multiple properties. Even if you don’t handle the actual repair work yourself, calling contractors, coordinating service dates, and inspecting the work can easily eat up your time. We can not only save you the time and hassle, but our decades in the business have resulted in an impressive network of experts that will save you money and get the job done properly.

Tenant Screening

Experienced property management companies like Westwood can streamline the tenant screening process, offering you peace of mind. Let us handle your tenant screening and we’ll take care of the time-consuming process of performing background checks, calling references, and verifying applicant information to get a clear picture of an applicant’s liability risk. Our thorough screening process weeds out higher-risk applicants and keeps your investment safe. Plus, we follow all fair housing laws, ensuring every applicant is treated fairly without discrimination.

Property Tax Services

Westwood’s property management solutions include expert property tax services thanks to our team of CPAs specializing in property tax compliance. Our tax experts are up to date on the latest federal tax laws, plus the ever-changing state and local tax laws in Nashville, Brentwood, and Franklin. Incomplete or inaccurate tax records can lead to fines and interest, not to mention inflated tax liabilities. Let our tax advisors make sure you’ve met all requirements and don’t end up paying more than you have to.

Family signing lease with property management company.

Why Westwood for Property Management?

Westwood isn’t the only property management company in the Nashville area, but with over three decades in the business, we’re one of the most experienced. Not only do our clients benefit from our local knowledge and extensive network of service contractors, they also witness firsthand what makes us different from other property managers.

So why should you choose Westwood for your property management needs?

We Know the Tenants

We’ve served property owners and their tenants in Nashville, Franklin, and Brentwood for over thirty years, so we understand what your tenants want. We work hard at keeping your tenants satisfied, maintaining a positive relationship and reducing turnovers. Happy tenants are stress-free tenants, giving you one less thing on your plate.

We Know the Finances

Our property management solutions include crunching the numbers so you have a clear idea of how your investment is doing and whether any changes are needed. We take our financial services a step further than many property management companies, keeping CPAs on staff who know the ins and outs of property management financial best practices.

We Know the Laws & Regulations

If your property is in the Greater Nashville Area, you need a Nashville property manager with in-depth knowledge of the local laws and regulations. The Westwood team will help you make sure everything is done by the book so you don’t have to worry about missing something that will result in fines or lost licenses.

Miniature home, calculator, coins, pen, wooden table.

Contact Westwood Management Today for a Quote

Westwood Management has been providing property management solutions to Nashville, Brentwood, and Franklin, TN since 1988, and we would love to help you make the most out of your rental properties.

We understand how important it is to find a property management company that understands your needs and can deliver on what they promise. We value the close working relationships we have with our clients and know the trust involved in placing your investments in our care. From handling things behind the scenes like financial reporting and taxes, to presenting a welcoming and accommodating face to your tenants, we work hard to keep your properties running smoothly and profitably.

Whether you just need a little extra assistance with managing your properties or would prefer to take a more hands-off approach with your investments, we can help. If you have any questions about our property management solutions or would like a free quote, please feel free to reach out any time.

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