RENTAL PROPERTY

The meteoric rise of real estate values in Israel has also had a major impact on the rental market here. The high real estate prices have made renting an increasingly attractive and sometimes necessary option to owning for many, producing a significant change in the renting/owning ratio over the last ten years. Being the owner of a rental property requires work. Preparing the property for market, finding and vetting potential tenants and handing all the yearly administrative and maintenance work are all time-consuming tasks, especially for owners residing out of the country. My Property offers tailor made packages for our customers including but not limited to:

• Preparing the property for market Almost every property will require some preparation prior to putting it on the market. A properly prepared unit allows maximizing the return for the owner. Those preparations can vary, some may only require a thorough cleaning, others may need painting and some additional upgrading and in some cases you may look at performing complete remodeling of the asset.
• Advertising My Property uses a variety of outlets to publish your properties availability and will act firmly to find the right tenant in the shortest amount of time, including the use of open houses to draw in potential tenants when needed.
• Background Checks You need to be careful who you rent your property to. My Property will perform background checks on any potential tenants, including on their economic situation.
• Contracts and Liabilities My Property utilizes an experienced attorney who will ensure that the tenant signs the correct contract with the proper liabilities.
• Maintenance All properties require some level of periodic maintenance and repair. My Property works with the highest level of professionals in all fields who will address and resolve any issue in a timely manner.

Collection Upon request My Property can also take on the collection of payments from tenants and delivering them to the owner.