Best Property Management Company In Salt Lake
See What Makes Us Different!
Advanced Solutions Property Management is Salt Lake’s premiere property management company. With our next generation systems, we can help your investment property have the highest return with the most desirable renters and tenants available.
Why Choose Advanced Solutions Property Management?
Strict adherence to our proven processes and procedures enables us to efficiently manage your property. Here’s what you can expect from ASPM:
Our scheduled notices, reminders, and follow up helps facilitate the smooth processing of rent payments, right into your bank account.
Better screening results in better tenants. Our proven system streamlines screening for income, employment, credit, rental history, and criminal history.
Our in-house maintenance company means we can take care of service calls fast, 24/7. This keeps tenants happy and your expenses under control.
We communicate clearly and frequently so you’ll always know what’s going on and have a say in how your property is cared for.
We dot the i’s and cross the t’s with detailed leases, comprehensive move-in inspections, and regular checks each time we visit your properties.
Reach out to us today and let’s discuss how we can help manage your properties
If you’re a property owner, we’d love to chat with you about your properties. Please fill out this form and we’ll be in contact with you within one business day.
What Our Clients Say
“ASPM increased Net Operating Income (NOI) on the property by 13% in less than a year — AMAZING!”
“Advanced Solutions Property Management has allowed me to forget that I even have a rental property”
“ASPM has done a great job of managing my 30 Unit Apartment complex. I would recommend them to anyone”
Frequently Asked Questions (FAQ)
Q: What do property managers do?
A: Property manager responsibilities include setting and collecting rent, handling maintenance requests, filling vacant units and potentially setting the budget for the property. Property managers often take care of property that real estate investors either do not live near or do not wish to personally manage.
Q: How much do you charge?
A: Our fee us usually between 8% and 10% of monthly rents collected. Our fee covers the costs for the actual management of the property — repairs, rent-collecting and maintenance.
Typically, landlords will pay a tenant placement fee on top of the property management fee. This covers the cost of the tasks associated with tenant placement, such as credit and employment checks. This can cost anywhere from $100 – $200 per tenant.
Maintenance costs range from $75-$100 an hour. Depending on the property and property manager.
Q: What additional fees do you charge?
A: Lease renewal fee – This covers the administrative work required for the lease renewal process.
Administrative fee – This fee covers the in-office processing of invoices and other administrative tasks.
Hourly Agent Fee – This fee covers time requirements for property managers to personally be present for legal and other tenant management matters.
Eviction processing Fees – This fee covers office administrative time and agent time required.
Q: Why should I choose Advanced Solutions over another property management company?
A: The main reasons you should work with us are: Our Experience, our perspective as property investors, our systems approach to management, our certifications and our staff. Experience, The leadership team has over 65 years combined experience managing rental properties. Market Knowledge, Our leasing staff is able to set rental rates. Perspective – As landlords ourselves, we see things from an owner’s point of view and are constantly asking, “What would the owner do?”. Technology – We use the latest technology that allows us to effectively market and manage your assets. Systems approach All activities carried out by ASPM, either daily or monthly, are strictly defined by ASPM procedures. Certifications ASPM owners and property managers are Certified Commercial Advisors.
Q: When should I hire a property management company?
A: The most common reasons we get called in to help are: Time value issues, owners moving to another state, owners rental portfolio is growing and tenant management issues. For time value issues, at some point in every do it yourself landlord’s life, there comes a time when their time is better spent doing what they specialize in or when they feel time spent doing what they love is more important than spending time doing hands on property management. Owners moving to another state. These cases are pretty straightforward. Self managing a rental property can spiral out of control very quickly when trying to manage from another state. The owner’s rental business is growing. Dealing with multiple properties leads to headaches with after hours call outs, tenant management and tenant turnover issues. A very common reason we get called is to deal with tenant management issues.
Q: Can I talk to a real person when I call your office?
A: Yes, our front desk is always manned. The front desk positions job is to rout phone calls to the correct party. If the person you need to speak to is out of office or unavailable, that person is required to get back to you within 24 hours (not including weekends or holidays)
Q: How will you market my rental?
A: ASPM will efficiently market your properties which translates to filling vacancies faster. ASPM’s leasing features start with a professional web presence to attract the right renters and continues with online guest cards, rental applications, and digital lease signing.
• A professional web presence makes a good first impression and amplifies your assets.
• Eye-catching vacancy postings are featured on our website, along with dozens of online
rental listing sites.
• Weekly report includes marketing activity and prospective tenant feedback on your rental unit.
Q: How long will it take to get my property rented?
A: Properties that are properly presented and appropriately priced should rent within 30 days or less. We will provide you with pricing recommendations as well as weekly activity feedback to ensure that we minimize any vacancy time.