"City property management" is sometimes used as part of a management company's name when the company wants to be associated with a particular urban location. Companies that use this term in their names are found in all types of property and real estate niches including residential and commercial units, HOA and community association services, real estate sales and acquisitions, asset management and more.
Property management companies, regardless of location, generally offer a broad range of services and options to their clients. Indeed, from full service or partial service management to consulting and retainer services, property managers are a valuable asset to countless real estate investors across the nation. For example, full service management involves overseeing the responsibilities of a rental property including everything from collecting rent and dealing with tenants to setting budgets, planning capital improvements and coordinating maintenance contracts.
Regardless of their niche or specialty, these management companies are easily accessible and more affordable to the average investor than one might think. Often times, the benefits of having a professional property manager or management company far outweigh the associated costs.