Rental management for apartment buildings
Do you own an apartment building or several flats and want to hand over the management? We take over rental management – commercially and technically.
In rental management we act as your representative towards the tenants. We book the rents, deal with arrears, prepare the service charge statement, record damage reports and commission tradespeople within the agreed limits.
When tenants change, we handle the inspection on move-out and the handover. For re-letting, we work with Corpus Makler if you wish. You regularly receive an overview of income, expenditure and the condition of your property.
What’s included
- Rent accounting and dunning
- Service charge statements in accordance with the German Operating Costs Ordinance (BetrKV) and the Heating Costs Ordinance (Heizkostenverordnung)
- Adjustment of advance payments
- Tenant communication and recording of damage
- Commissioning and checking tradespeople
- Move-out inspections and handovers
- Management of deposits
- Maintenance contracts, insurance, inspection obligations
- Regular reports to you
How rental management works
Initial consultation
We get to know your property, the tenancies and your goals.
Quote
You receive a written quote with a description of services.
Takeover
Tenants are informed, accounts and records are taken over.
Ongoing management
Bookkeeping, statements, maintenance and reports.
Good to know
The service charge statement must reach the tenant no later than twelve months after the end of the billing period. After that, the landlord can generally no longer demand an additional payment (section 556 (3) BGB). Only costs that are listed in the Operating Costs Ordinance and agreed in the tenancy agreement can be passed on to tenants.
What the cost depends on
- Number of residential and commercial units
- Condition of the records and open matters
- Frequency of tenant changes
- Technical equipment of the building
- Scope of services required, for example support for modernisations
The management fee depends on the number and type of units, the condition of the records and the scope of services required. You receive a written quote after the free initial consultation.
Free initial consultationFAQ: Rental management
Can I still make decisions myself?
Yes. In the management contract we specify up to what amount we commission repairs ourselves and when we ask you.
Do you also handle rent increases?
We prepare rent increases in line with the statutory requirements, for example on the basis of the local rent index (Mietspiegel). You make the decision. In the event of legal disputes, we recommend seeking legal advice.
More services
Owners’ association management
Management of the common property under the German Condominium Act: meetings, statements, maintenance.
Learn more
Management of individual units
We manage your let owner-occupied flat: rent, service charges, tenants and contact with the owners’ association.
Learn more
Change of property manager
We support the changeover from your current manager: resolution, handover of records and accounts.
Learn moreLooking for a new property manager?
In a free initial consultation we look at your property and your questions. You then receive a written quote that you can present to your owners’ association.