Extensive rental investment expertise
Let NRS help you transform your investments
into the profitable rental properties they should be.
NRS Property Management has an extensive history of successfully partnering with Real Estate investors and investment groups from around the world to maximize their investment properties in many regions including Illinois, Florida, Alabama and North Dakota. Through collaboration, strategy and expertise, we turn under-performing single-family and multifamily rental properties into efficient, stable and profitable investment properties. We fundamentally believe that effective investing is only achieved with an educated, unemotional and systematic approach to managing properties and tenants.
Over 97% occupancy across all our managed
multifamily and single-family properties.
NRS Case Studies: Proven results time and again.
A REIT'S NEW BEST FRIEND WHEN IT COMES TO INVESTING
In the past few years, we have begun working with several different Real Estate Investment Trusts (REITs) that have been looking to transition from the exhausted Multi-Family market to the more flexible Single-Family Housing market. While the ROI and diversity of Single-Family investments are increasingly becoming more attractive, many REITs quickly realized just how complex managing scattered site housing can be and how few quality property management options exist. Many told us that before they found NRS, they tried hiring commision-hungry Realtors, less advanced “Mom and Pop” Real Estate offices or tried creating their own expensive property management divisions. NRS provides the missing link to meet your needs for flexible, holistic property and rental management across broad categories of rental properties including Condo rentals, Single Family and Multi-Family investments. With our diverse, full-service property management, we help REITs and investment groups focus on what they do best: investing, while we ensure that your rentals perform at their best, regardless of property type or portfolio size. Learn more about our Condo Rental / Single Family and Multifamily Property Management or Contact Us today.
EMPOWERING THE SOLO RENTAL INVESTOR At NRS, we fundamentally believe that rental investment properties should be a part of any investment diversification strategy. Since Real Estate prices and rental rates are not directly correlated to the stock market, many investors use rental properties to supplement their more stock-influenced investments. While many investors would like to purchase rental properties, most are turned away by uncertain performance, exhausting purchasing process, ongoing maintenance issues and all those tenant headaches. At NRS, we work with hundreds of property owners and rental investors just like you who are looking fo Don’t just take our word for it. Recently, HomeUnion, a hyper-growth Real Estate investment marketplace selected NRS as their premier property management provider in our current markets after an exhaustive selection process over dozens of other local and national property management firms. Learn how NRS can empower you too with our Condo Rental / Single Family property management or Contact Us today to see how we can maximize your rental property investment strategy.
SAVING CONDO PROJECTS WITH STEADY RENTAL INCOME
In this recovering Real Estate market, several multifamily developments and their investors are all considering the same question: should we go Condo or stay rental? NRS has an experienced team of current and former Condominium developers, multifamily investors and project managers. We know how hard these decisions can be and understand the delicate balance between rental leasing and Condo sales. Recently, we have advised several condo developers on how to maximize their monthly rental income to fuel their sales operation and attract international investors with our custom lease-to-sell program. NRS is one of the few firms in the country that can not just manage thousands of individually-owned condominiums and their many tenants, but maximize each of those rental investments to each condo owner’s investment strategy and preferences. This fuels your sales process with maximum rental income for the units the developer still owns and your sales experience with the value added from our full-service, rental management solutions so you can take care of your new Condo owners from top to bottom. We will even collaborate with your internal or outside Condo Association management company who are generally ill-equipped to handle condo rental tenants to maximize both the resident owner and tenant experience. Learn more about our Lease-to-Sell program or Contact Us today to see how NRS can enhance your Condo development.
SRO PROJECT COURSE-CORRECTS SALES INCENTIVES. Here at NRS, we have hundreds of years of Real Estate expertise with our diverse and experienced team so it can be difficult to quantify all the ways we can help Real Estate investors just like you. A recent example of this was our consultation and analysis of a “trendy” Single Room Occupancy (SRO) development project in a unique but constricted space. Before the final architectural plans were approved, we were asked to give our two cents on the developer’s current plan for this unusual rental development. In the end, our two cents turned into considerably more than a dollar. Through our years of experience with other unique properties such as individual Condo rentals in dozens of different property types and smaller multifamily buildings with unique maintenance issues and larger multifamily developments that including corporate housing management, we were able to provide a multitude of suggestions and improvements that maximize the tenant experience, establish maintenance efficiency, set rental prices and much more. Our dedicated marketing team helped this SRO project realize what their target demographic should be, young millennials who will clearly need to care more about access to the heart of the city than the size of their SRO livespace, and the best marketing tactics for fast lease-up and maximized rental income. In addition, our team’s decades of experience in building Condo and multi-family developments helped us to understand this SRO’s specific construction and development needs for both their short term and longer investment goals. Whether you are thinking about building a multifamily project or have already broken ground on your own unique property, Contact Us today for your own NRS evaluation.
CONDO ASSOCIATIONS SAVED FROM OVERWHELMING TENANTS At NRS, we understand the nuances of different types of Real Estate management and the missing links between them. A consistent issue we see particularly in this recovering Real Estate market is that more Condominium properties are being individually rented out to tenants and unfortunately, their hired Condo Association management companies are just not set up to handle this increase of tenants. Poor service to incoming tenants from these ill-equipped Association offices often leads to negative online property reviews and can bring both rental and condo sales prices down for the entire community. Fortunately, NRS specializes in individual and portfolio-based Condo rental management. We provide that stopgap between your HOA and your tenants. While we also manage Single-Family and Multifamily properties, NRS started as a unique service that focused on specific Condo units within a larger property that individual owners just like you, hired us to manage the marketing, leasing, maintenance, accounting and reporting for their individual rental Condominiums. We also coordinate with your sales broker and local Condo associations to make sure your units and tenants are taken care of with the highest level of service comparable to any one of your property’s local apartment competitors. We have been told numerous times by many of the Condo associations we coordinate with on a daily basis that we are the only Real Estate firm that go out of our way to make sure that everything was done right according to that association's own unique rules and regulations. We have even created customized Condominium rental leases that give our clients the highest level of protection by combining the best aspects of multifamily leases with individualized property riders that enforce your association’s policies and compliance. We also have a Condo Association Receivership program that can help your association collect on outstanding association assessments from chronically delinquent owners who are harming your community with vacant units and/or terribly managed tenants. Learn more about our HOA Receivership Program or Contact us today to learn how we can help your Condominium community.
A REIT'S New Best Friend when it comes to Investing.
Quickly empowering the Solo Rental Investor.
Saving Condo Projects with steady Rental Income.
SRO Project Course-Corrects sales incentives.
Condo Associations Saved from Overwhelming Tenants
Condominium Lease-up & Property Management Model
Whether it be five, or five hundred, a vacant number of condominium units or single family residences is costly. National Rental Services (NRS) brings decades of understanding developers’ needs regarding the importance of the lease-up and management of adverse inventory. From onsite Leasing Managers and operators, to an off-site scheduled lease-up approach with customized Reporting, our developer specific efforts are mere templates customizable by developer needs.
Developer / investors have various needs based on specific proforma. And at times needs change as market times change them. At National Rental Services our customized approach to market moves is to make sure that market change is to the advantage of our investor / developer client. Currently, developers want to be best positioned for sales/resales to a cash-rich foreign national buyer. A lease-up and management campaign with NRS takes the time and details out of bulk sales efforts to multiple-unit cash investors. Bulk unit buyers measure their purchases with less emotion and more rationality. These purchasers want to know about the ‘numbers’ and let the ROIs of a deal justify their amount of investment. If the details of these type of purchases are already spelled out by the developer in a previously leased up and managed selection of units the investor is more opt to consider this inventory over newly delivered and vacant condo product.
Above all a condo lease-up campaign gives a developer options. NRS has both the success and the current multiple-market resources to contract with a developer to best position him for multiple-unit sales and bulk purchaser absorption. Ideal repositioning template for condo conversion developers.
Let NRS use our expertise to maximize your property investment!
© 2010 — 2015 National Rental Services (NRS) — Redefining Property Management!
Our Main Offices:
10 E. Ontario St, Chicago IL (map)
8927 Latrec Ave, Orlando FL (map)
54 25th St. East, Ste E, Williston, ND (map)
Instantly upgrade your status
from landlord to investor.
National Rental Services (NRS) is a premier, full-service property management firm that specializes in the management, marketing and leasing of investment rental properties.
Our proficient staff and advanced technology enables our rental management and leasing services to be more affordable and economically advantageous for rental property owners and investors.