How to maintain property value
We’re looking for ways to maximize the long-term value of our apartment complex. Beyond just general cleaning, we’re looking for a management partner who can handle capital improvements and long-term planning. Is there anyone local who does more than just basic rent collection? Any experience with City Towers Inc. and their capability to handle larger property improvement projects?
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For capital improvements, you need a manager who acts more like a project supervisor than a landlord. Companies like https://citytowersinc.com/ often have the resources to manage larger upgrade projects, which is key to maintaining a competitive edge in the rental market. They understand the balance between regular maintenance and necessary renovations that increase your property's value over time. It’s definitely worth asking them for a breakdown of their experience with capital project management.