Rental Analysis
- CMA Analysis to guide unit pricing
- Rental income calculator to establish net income
Easier said than done! As an owner, your options are limited: You can hire a traditional property manager or work with a real estate agent to lease the unit and then manage it yourself. Each option comes with its own challenges. Traditional property managers are primarily geared toward handling large multi-unit buildings and often lack the brokerage expertise needed to secure top-dollar rents. On the other hand, self-managing can quickly become overwhelming, with the constant juggle of lease renewals, rent collection, and maintenance issues.
BYSON PROPERTY MANAGEMENT
OUR TRACK RECORD
WHAT WE DO
MANAGED PROPERTIES
WHY BYSON
We embrace technology but never lose sight of the fact that we're in the people business. From the first meeting with a prospective renter to the day they move out, we're dedicated to providing the best rental experience possible. Responsiveness, professionalism, and transparency are the keys to achieving this. For owners, we act as fiduciaries, always prioritizing their best interests.
We've completed 850+ rental transactions and have represented the largest privately held landlords in New York City. We're experts in leasing and understand every step of the process that helps achieve the highest possible price. We know what strategies work and what pitfalls to avoid.
Condominiums have unique application requirements and building policies. Byson brings extensive experience navigating nuances and working closely with building managing agents and boards to ensure all activities comply with their standards.
Byson connects owners with a network of trusted, licensed contractors and professionals, ensuring quality workmanship at competitive prices. We oversee everything from routine maintenance and emergency repairs to full-scale renovations and conduct thorough pre- and post-lease walkthroughs to keep your units in excellent condition.
Byson's proprietary technology streamlines the experience for Owners and Tenants. Tenants can apply, submit maintenance requests, and pay rent all through a single platform. Owners receive real-time updates, review and approve tenant applications, and access detailed historical reports on payments and expenses.
Byson takes care of every aspect of financial administration, from the collection, management, and disbursement of security deposits to rent collection and the payment of common charges, taxes, utilities, debt financing, and insurance. We keep owners fully informed by preparing comprehensive quarterly and annual financial statements and ensuring the on-time distribution of owner draws.
Legal requirements are constantly changing in New York State; Byson's team ensures that all leases and lease practices are fully compliant with regulations, including DHCR filings, HPD registrations, renewal notice periods, and the handling of security deposits. We also ensure your unit complies with building requirements and policies and keep you up-to-date on all legal changes.
