Home for rent in Princeton, NJ - Residential Rental Property

Residential and Commercial Rental Properties

Barsky Property Management manages both residential and commercial properties in the Princeton area and its surrounding communities in central New Jersey, as well as some in northern and southern New Jersey. Our clients are property owners, tenants and homeowner associations.

Barsky Property Management Services

Residential and Commercial Rental Properties

Design Consultation for home remodeling and building

Property Evaluation and Rental Rate Assessment

We have the expertise and resources needed to accurately determine a property’s rental rate based on a number of factors. We provide detailed documentation, establish competitive rental rates, recommend repairs and improvements, and more.

  • Perform detailed documentation of the interior and exterior, including photos

  • Recommend repairs and cosmetic improvements to maximize the monthly rent while providing a good return on your investment

  • Gather data on rental rates in the area and work with owners to determine the optimal rent rate

  • Discuss with owners the pros and cons of such policies as accepting pets, allowing smoking and so forth

  • Install a lockbox 

Property or Home For Sale Sign

Property Marketing

We prepare your property to optimize its appeal, advertise your property across multiple digital and print platforms, leverage our contacts and respond to leads, track our results and stay on top of the competition.

  • Prepare the home for rent: have the interior of the home professionally cleaned; manicure landscaping to increase curb appeal

  • Create ads tailored to the property and commonly use both paid and free rental listings, print and digital publications, signage, MLS and flyers

  • Work with real estate agents and leasing agents to find tenants

  • Maintain listings on our website where prospective tenants can easily find detailed information about the property and schedule showings

  • Field calls from prospects, answering questions and scheduling showings

  • Meet prospective tenants with rental applications that are legally compliant with fair housing laws

  • Collect applications and application fee

Giving Keys to tenant of new apartment.

Tenant Screening and Selection

We have developed an effective method for identifying qualified candidates that includes thorough credit and background checks and follows the most current laws to avoid discrimination. We grade tenants based on predefined criteria and inform tenants who were turned down.

Family Moving in to new home.

Tenant Administration

We manage every aspect of tenant administration for you, including:

  • Tenant move-in, including drawing up a lease and reviewing its terms with tenants, confirming move-in date, performing a detailed inspection with the tenant, verifying the condition of the property before move-in and collecting the first month’s rent and security deposit

  • Rent collection, including identifying late payments and collecting late fees, and sending out pay or quit notices 

  • Evictions, including filing relevant paperwork, representing the owner in court and coordinating removal of tenants with law enforcement

  • Tenant move-out, including the inspection of the unit and reporting on its condition, providing tenant with a copy of the inspection report and estimating damages, returning the balance of the security deposit to the tenant, forwarding any portion of the deposit to the owner to hold in reserve for repairs, clean and perform needed repairs and upgrades, re-key locks when necessary and put the property back on the market

Home Inspection Checklist

Inspections

We provide periodic inspections, both inside and out, on a predefined schedule and:

  • Identify needed repairs, safety hazards, code violations, lease violations and so forth

  • Send reports on the condition of the property to the owner

  • Meet with state and local inspection officials to conduct annual inspection

Home Contractor, Construction worker, Maintenance and Repairs

Property Maintenance & Repairs

We have extensive experience and long-standing relationships with vendors and contractors in the area to ensure that these day-to-day tasks, which make such a difference to both the property owner and the tenant, are completed efficiently: 

  • Provide and oversee maintenance crew; establish a preventative maintenance policy; maintain a network of licensed, bonded and fully insured contractors whose work is competitively priced and up to code

  • Maintain outdoor areas, including landscaping and snow removal; trash and debris removal

  • Maintain and monitor a 24-hour emergency repair hotline

Bathroom - Property Remodel Contractor

Property Remodel 

Our affiliate company, R.B. Homes, has been providing quality remodeling services in central New Jersey for more than three decades. When larger renovation and remodel projects are needed, our experience and network ensure the smoothest possible completion of work. We will:

  • Provide recommendations on how the project will maximize rental income

  • Prepare preliminary cost estimates

  • Get multiple independent bids for all work

  • Act as a general contractor overseeing the work

Homeowner and Condo Associations

We provide the following services to Homeowner Associations:

HOA/COA Management

  • Guide and consult with the board of directors to fulfill their duties

  • Execute the decisions and directives approved by the board

  • Document transactions, activities and records of the association

Administrative Services

  • Schedule and attend board meetings

  • Provide monthly management reports

  • Enforce rules and regulations of the community

  • Guide the board when preparing an annual budget

  • Respond to homeowner inquiries promptly

Accounts Receivable Management

  • Billing, reporting on delinquent accounts and sending notices

  • Initiating legal action to collect funds based on the board’s directives and policies

  • Working with the association’s attorney to coordinate legal action

Site Management

  • Check on maintenance issues and inspect for rule violations

  • Coordinate various board-approved actions

  • Ensure lawn care, pool cleaning and so forth

Accounting Services

  • Manage bank accounts for the community

  • Estimate maintenance costs

  • Renew monthly billing for dues and assessments

  • Provide detailed records on all accounts payable and accounts receivable

  • Create monthly financial statements

  • Guide decision on long-term funding for the community and board

Our Process

At Barsky Property Management, we manage your property’s marketing, leasing and maintenance—every step of the way. Each month, we follow a few simple steps that ensure a smooth process for the tenant and the property owner.

STEP 1

Invoice Tenant – 25th Day

We submit an invoice to your tenant on the 25th of every month prior to the due date.

STEP 2

Collect Rent Payment – 1st > 5th Day

We collect rent payments on the first to the fifth day of the month or within a five-day grace period when the rent is due. Late charges will be applied if rent is received after the grace period.

STEP 3

Monthly Charges – 5th > 25th Day

We collect any monthly charges from the tenant, such as late fees, utilities and maintenance reimbursements. The owner approves all maintenance repairs above $500. We will invoice all charges a month prior to avoid any late fees.

STEP 4

Submit Invoice to Owner – 5th > 20th Day

Every 5th and 20th day of the month, we invoice the owner for any fees due, such as reimbursements and management fees.

STEP 5

Deposit to Owner – 10th & 25th Day

Every 10th and 25th day of the month, the rent balance will be sent to the owner via ACH to the appropriate bank account or by check.

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Home for rent in Princeton, NJ - Residential Rental Property

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