Frequently Asked Questions
1. How is the monthly rent derived for my property in the Rochester area?
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At Park Centre Properties, we create a meticulous analysis of comparable properties in the Rochester market to provide accurate insights on the projected rent. Ultimately, our clients retain the final decision-making authority.
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2. Can I expect timely rent payments from tenants?
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Ensuring timely rent payments is a top priority at Park Centre Properties. Through our comprehensive tenant screening process, we assess payment history, responsibility, and verify income sources. By fostering strong relationships with tenants, our dedicated team minimizes payment-related issues and ensures a solid payment history.
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3. Do I need to worry about the condition of my property?
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Rest assured, Park Centre Properties takes property maintenance seriously. We conduct regular visits to monitor and maintain the premises. Additionally, our skilled maintenance professionals are trained to promptly identify and address any potential issues. With PCP, you can have peace of mind knowing your property will be well-maintained.
​4. How are expenses paid and disbursements handled?
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Park Centre Properties will pay all required invoices at the clients direction as well as any routine maintenance costs from the rents collected. We provide a detailed statement of payments and disbursements by the 20th of each month, along with your net proceeds.
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5. How are minor repairs completed?
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We handle minor repairs up to $500 on your behalf. Any repair over this threshold will be pre-approved by the client and multiple proposals will be obtained if it is a capital endeavor.
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6. How do I plan for future replacements?
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​Upon engaging our services, Park Centre Properties conducts a comprehensive inspection of your property to identify and prioritize potential issues. We then collaborate with you to develop a budget and strategy for future improvements.
"Our team of professionals is ready to assist you in the management of your property to enhance your value and profit potential."