Residential Property Management Firm Offers Investment Services

Melroy Property Management, also known as Melroy Properties and is a property management and investment business based in San Diego, California, has announced that they also offer investment services. They guide property investors through the investment process or provide them with updated information on current market conditions as required. People may choose to invest in properties as an individual or join a group of investors so that they can pool their resources together to be able to purchase and invest on larger properties.

Vida Melroy, a spokesperson for Melroy Property Management, says, “We have been a consistent leader in the real estate investment industry since 1969, and we have kept abreast of economic fluctuations that affect the direction of this specialized field. Depending on your needs as an investor, you can be constantly in touch with us.”

She continues, “Our brokerage division focuses on the sales and acquisitions of income and commercial properties, 1031 tax-deferred exchanges and real estate development for clients. In addition to the management of residential properties, we also offer a plethora of investment services.”

When the company opened for business in 1969, the real estate and rental market in San Diego was much different from what it is today. Nevertheless, some things don’t change, especially when it comes to the appropriate management practices. Quality rental investments are still developed in the same way as before, by paying careful attention to detail and developing strong relationships between tenants and owners. The company has focused on providing premier property management in San Diego and with their decades of experience in the San Diego local market, they are certainly qualified in managing investors’ San Diego rental properties.

Most of the residential property management professionals working for Melroy Property Management are property owners themselves. And most of them have been or are at present resident managers, which makes them uniquely qualified to help tenants and owners develop good relationships. Because they are owners themselves, they understand the property owner’s perspective while also comprehending the needs of tenants. This keeps the property safe and the renters happy.

The Melroy Property Management website offers services for both tenants and owners. For instance, tenants can sign up and be able to view and pay their rent online; view and pay their bills from anywhere; set up an automatic payment; sign up for automatic reminder emails; and review their payment history.

On the other hand, owners can also sign up to be able to access their owner statements online. When they sign up, they are able to get concise statements indicating the performance of their property for the previous month; have all of the data on their property stored in a state-of-the-art data center; access information regarding their property 24/7; and access information regarding their property from anywhere.

With regards to their investment services, Melroy Property Management provides services for sales, exchanges, investments, property management, and syndication. They can represent clients in the analysis, acquisition and sale of their investment properties, such as apartment buildings, office buildings, commercial buildings, and vacant land.

They can also help with a 1031 tax-deferred exchange, which when utilized effectively, may not only provide a higher rate of return than the original investment, but can also help the investor acquire more real estate for his or her investment portfolio.

The company can also help clients in establishing limited liability companies and partnerships that can prove to be successful vehicles for clients who desire to generate substantial returns on their capital, with minimal investment and limited liability.

And, of course, income property will need effective property management in order to maximum the return on investment. The management division of Melroy Property Management can provide the property management that is required.

Melroy Property Management has also been successfully syndicating properties since 1974. Here, the properties are acquired as general or limited partnerships. Most of the syndicates have been able to produce above average return for the partners.

People who need more information regarding the services provided by Melroy Property Management can visit their website at https://www.melroyproperties.com/, or contact them on the phone or through email.