Property Management Services

Philadelphia Property Management

GM Holdings provides many services to our clients, but our primary bread-and-butter offering is Philadelphia Property Management.


To the above point, our expert team of property managers and leasing agents are passionate about two things:


  1. Serving you and your rental property (this is our main priority).
  2. Flying the Philly banner–representing the city they love by ensuring the rental properties they manage throughout the area reflect Philadelpia’s heightened living standards.


In our team, you’ll find a group of passionate, knowledgeable individuals about all Philadelphia property management facets. They leave no stone unturned in ensuring you run a streamlined operation and suffer no headaches while yielding optimal returns and a bolstered bottom line.


Our solution is turnkey, covering all property management aspects. We get rid of the stress while multiplying the profits. When you thrive, we thrive. Please feel free to contact us to learn more.


Contact Us

Full-Service Philadelphia Property Management

When we say “full-service Philadelphia property management service,” we take the term “full service” seriously.


In other words, we handle everything–and we mean everything. We’re a one-stop shop and a turnkey solution. You partner with us; we carry the load while you can dedicate yourself to what matters to you. That could mean focusing on other business ventures or personal pursuits. 


What does “everything” entail? 


With our unparalleled knowledge of Philly rental price trends (and the related ebbs and flows), we’ll help draft a pricing strategy that maximizes your return. We’ll conceive and help execute your marketing strategy to attract ideal tenants (the types you want to target).


Speaking of ideal tenants, we’ll perform tenant screening on your behalf, ensuring the perfect match.


You won’t be left in the dark during a tenant search. We’ll provide weekly status reports until you find a suitable tenant so you know where everything stands.


Then, once we’ve helped you find someone to move in, we’ll be hands-on with the maintenance and updates. We’ll also perform frequent inspections and offer updates on the property’s condition. The legwork and heavy lifting are all on us. You’ll barely have to lift a finger (other than corresponding with us via email or phone).

Maintenance

Your quality of life matters. You deserve the freedom to maneuver as you please, whether in business pursuits or personal endeavors. 


Unfortunately, being tethered to tenants and their needs can throw a wrench in your freedom of movement. It can also hamper your quality of life.


Say a tenant has a leak, flood, or busted AC (in the middle of summer, no less). You might be on vacation, in the middle of a vital business acquisition, or sleeping in the middle of the night. None of this matters to your tenant because they need a liveable space. They need the repairs to happen pronto.


Fortunately, with GM Holdings and our tenant portal Appfolio, your tenants can access our 24/7 emergency maintenance.


That means no disruptive calls in the middle of the night or while you’re in the middle of a big sales pitch.


Your tenants will be happy, and your life won’t be disrupted, no matter the hour of the day assistance is needed.

Rent Collection and Tenant Relations

Open lines of communication are the #1 most crucial element of successful tenant and landlord relations. When such relationships thrive, you can prevent vacancies and turnover costs, further boosting your bottom line. 


At GM Holdings, we offer the Appfolio portal to enable seamless and immediate communications with staff via text messages. Thus, you can be confident you’ll receive a prompt response with minimal wait time.


There’s also the matter of receiving rent in the most seamless fashion. Recent studies show that 15% of US households are behind on rent. You can quell the potential for this issue with GM Holdings because Appfolio allows for direct and secure payments from your tenants’ savings or checking accounts. 


Appfolio allows you to maintain tenant communications and invoices, fostering more involvement with tenants to ensure smooth processes for all parties.

Marketing Your Units

Renting a property is a highly lucrative venture…if you can attract renters. It’s not a simple matter of “build it, and they will come.” You must reach your target market with the appropriate information to let them know your property is available. 


Philly has one of the most competitive rental markets in the US. Getting your property to stand out amongst a sea of other viable options can prove a stiff challenge.


Fortunately, GM Holdings has a profound understanding of how to get your property information seen by prospective tenants. We know the appropriate channels that optimize visibility. Moreover, we’re knowledgeable about the wants and needs of today’s tenants. Our team stays informed on current trends and demands, ensuring the messaging surrounding your vacant properties is alluring to potential rental candidates.


We approach rental property marketing with a fine-tooth comb, minding every detail and ensuring you receive a substantial return on your investment.

Property Management FAQ

  • How does property management work?

    ​​Property owners typically hire property managers to oversee the day-to-day operations of their real estate assets. One of the main appeals of hiring a property manager is handling any questions, concerns, or issues the tenants may have, including maintenance.


    Some property owners outsource their management because they live in a different area than their property, while others own multiple properties, making it challenging to manage all on their own. Hiring a property manager helps protect your investment and maximize your passive income.


    Before working with a property management group, a written contract will be created that outlines the terms of the agreement and settles any questions about work parameters and responsibilities. 


  • What is a typical property management fee?

    While rates vary from market to market, you can expect a general management fee between 8% and 12% of the gross monthly rent.

  • What services do property management companies provide?

    GM Holdings provides full-service property management, including maintenance, rent collections, tenant relations, marketing, and anything else you need to serve you and your property.

  • Once I hire a property manager, do I lose control of my property?

    No! While our team will handle the heavy lifting, we'll communicate with you throughout the entirety of our contract to keep you aware of any issues that may arise. Whether you want to be completely hands-off or involved in decision making, we'll create a written agreement that sets the parameters.

  • Are property managers worth it?

    Depending on your location, experience, and how many properties you own, outsourcing your property management can be a great choice. Many property owners also work full-time jobs and don't have the time to handle the upkeep of their units. The more properties you own and the more units they contain, the more you're likely to benefit.

  • How do I know which property manager is right for me?

    Deciding on the right property manager can be difficult. Check out our blog post, Things to look for in a Property Manager, for some guidance.

  • What do property managers look for in a tenant?

    We consider various factors when selecting a tenant for your property. We most notably look into their credit, rental history, income, employment history, and criminal background. In some cases, we may require references from potential renters.

  • Will a property manager show my property for me?

    Yes. A property manager will arrive at your unit to unlock and tour the property with the interested party.

  • What is a commercial property manager?

    A commercial property manager oversees offices, retail spaces, storage units, or other kinds of non-residential properties.

  • Do I get to see the lease before the tenant signs it as the property owner?

    Yes. While we will sign the lease on your behalf, you will receive a copy of the agreement once all parties sign.

  • How to determine the best rental price for my property?

    We typically have a good idea of what rental prices are in the marketplace because of our experience in Philadelphia. Without previous experience, setting the rental amount can be a difficult process. We’re here to help you maximize the value of your property while also decreasing vacancy time.

  • What happens during a tenant turnover?

    Every time a tenant moves out of a property, we conduct a complete move-out inspection where we write a report, capture photos of the property, and compare them to the photos we took prior to the tenant moving in. This helps us determine the normal wear and tear of the property and any damages, which are deducted from the tenant’s security return. We repair anything that is broken, complete touch-ups, and professionally clean the entire home for the next tenant.

  • How are the rent payments collected & how often will I get paid?

    Rent payments can be made online or dropped off at our office in person or by mail. Monthly rent collection reports are available each month through our Appfolio Owner Portal.

  • Do I need any special licensing to rent my property?

    The City of Philadelphia requires you to have a Commercial Activity License, Housing Rental License, and a Rental Suitability License – all of which we can help you obtain under our property management services.

Share by: