Connecticut Real Estate Property Management in Connecticut

Let us work smart & hard for you so you don’t have to!

We now provide leasing services for 165 residential and commercial units in Hartford and Middlesex County. How can we help you?

Our passion lies in assisting investors go green, save the planet, and earn cold, hard, green cash. At Connecticut Real Estate Property Management (CREPM), we offer a comprehensive range of services tailored to meet the unique needs of our clients. Our team, led by Ted Ferik and Steve Schappert, brings an exceptional combination of expertise in finance, construction, real estate, and grant writing for federal, state, and local funding, enabling us to provide a wide array of specialized services designed to maximize the value of your property investments.

203-994-3950 Email

Buy a Multi-Family From Connecticut Real Estate and we will provide the first year of management for free including leasing.

Connecticut Real Estate Property Management provides full-service property management, which includes:

Rent – Leasing
Tenants
Repairs & Maintenance
Landlord -Tenant Law
Budget & Records
Supervising
Taxes
Sustainability Analysis & Implimintation

Get Our Full List Of Services

No Worries: Working with Connecticut Real Estate Property Management means you don’t have to worry about marketing, tenant screening, leasing, collecting rents, handling maintenance and 24-hour emergencies, tenant complaints and evictions.

We provide both a client portal and a landlord portal. The client portal gives the tenant access to pay online. The Landlord portal gives you access to see all your transactions. Connecticut Real Estate Property Management provides move-in and move-out inspections. Quick turnover to provide loss of income. Contact us today so we can do a full evaluation of your rental property whether it is one unit or many so we can maximize your income.

1. Rent

Dealing with rent issues is one of the most common responsibilities of Connecticut Real Estate. This includes:

Setting Rent: Connecticut Real Estate is responsible for setting the right rent level to attract tenants to your property. They understand the market where the property is located and have looked at comparable properties in the area.
Collecting Rent: They ensure optimal cash flow by setting a date to collect rent each month and strictly enforcing late fees.
Adjusting Rent: Connecticut Real Estate can increase the rent by a fixed percentage each year, according to individual state and/or municipal law. They can also decrease the rent if they feel it is necessary. Learn more about Rentals & Leasing

2. Tenants

Managing tenants is another core responsibility of a property manager. They are involved in all areas, including:

Finding Tenants: Property managers are responsible for filling vacancies. They know where to advertise the rental and what to include in their ads. They also understand what attracts tenants, so they can offer tips to help makeover the property.
Screening Tenants: Property managers should have a consistent screening process, including running credit checks and criminal background checks, which can decrease your chances of being accused of discrimination. Experienced property managers have seen hundreds, even thousands, of tenants, so they have a better idea of how to select the right tenants; those who will pay their rent on time, have a longer tenancy and create fewer problems.
Handling Leases: This can include setting the lease term and making sure it has all the necessary clauses to protect the owner. This includes determining the amount of security deposit required.
Handling Complaints/Emergencies: They are paid to deal with maintenance requests, and noise complaints and they have the necessary contacts to handle emergency situations.
Handling Move Outs: When a tenant moves out, the manager is responsible for inspecting the unit, checking for damages and determining what portion of the security deposit will be returned to the tenant. After moving out, they are responsible for cleaning the unit, repairing any damages and finding a new tenant.
Dealing With Evictions: When a tenant does not pay rent or otherwise breaches the terms of a lease, the property manager understands the proper way to file and move forward with an eviction. Learn more about Commercial Leases

3. Maintenance and Repairs

Connecticut Real Estate will keep the property in a safe and habitable condition. Connecticut Real Estate is responsible for the physical management of the property, including regular maintenance and emergency repairs.

Property Maintenance: This includes performing preventative property maintenance to keep the property functioning in top condition. For example, they are personally in charge of or must hire someone to, exterminate, check for leaks, landscape, shovel snow and remove the trash. This maintenance aims to keep current tenants happy and attract new tenants. Learn more about Inspections.
Repairs: When there is an issue, Connecticut Real Estate must fix the problem or hire someone else to do it. They often have a large network of reliable plumbers, electricians, carpenters, and other contractors.

4. Knowledge of Landlord-Tenant Law

We do not practice law, but we know many excellent real estate attornies. Connecticut Real Estate has an in-depth knowledge of statewide and national laws regarding the proper ways to:

Screen a Tenant
Handle Security Deposits
Terminate a Lease
Evict a Tenant
Comply With Property Safety Standards

5. Supervising

Other Employees: If there are other employees in the property, such as a concierge or security personnel, Connecticut Real Estate is responsible for making sure they are doing their job. The property manager can set their salaries and even fire them.
Vacant Properties: Connecticut Real Estate can look after vacant properties to make sure there has been no vandalism and to perform routine maintenance. They also make sure contractors and other repairmen are completing their work in a timely manner.

6. Managing the Budget/Maintaining Records

Connecticut Real Estate Property Management can manage the budget for the building and maintain all important records.

Managing Budget: Connecticut Real Estate must operate within the set budget for the building. In certain emergency situations when the occupants (tenants) or physical structure (investment property) are in danger, they may use their judgment to order repairs or likewise without concern for the budget.
Maintaining Records: Connecticut Real Estate will keep thorough records regarding the property. This should include all income and expenses; a list of all inspections, signed leases, maintenance requests, any complaints, records of repairs, costs of repairs, maintenance costs, record of rent collection and insurance costs.

7. Responsible for Taxes

Connecticut Real Estate can assist the property owner with understanding how to file taxes for the investment property.
Connecticut Real Estate can also assist with filing taxes for the property.
Property Management: Financial Reporting

8. Sustainability Analysis & Implimintation

Our Sustainability Analysis & Implementation services at Connecticut Real Estate go beyond conventional property management. We specialize in meticulously assessing properties for eco-friendly enhancements, providing investors with tailored strategies to integrate sustainable practices, reduce environmental impact, and enhance property value. From energy-efficient upgrades to sustainable landscaping, we empower property owners to embrace a greener future while maximizing the financial returns on their real estate investments. Learn more about Sustainable Property Management

Steve Schappert has written and published 7 books on real estate and home improvement. Schappert’s latest book is called Maximizing Real Estate Profits: The Art Of Property Management. You can get a free copy by clicking above.