Torre Lorenzo Program Eases Investment Hassles
Acquiring real estate properties can be a good alternative or addition to a person’s investment portfolio. But the nitty gritty of sourcing of tenants , leasing and other property management issues may be taxing for many.
“Dealing with tenants and general property management concerns can give landlords plenty of headache ” said Torre Lorenzo marketing manager Aika Nicolas. “This is true for neophyte investors and those who have full-time careers or are tending to multiple investments.”
Torre Lorenzo addresses this issue with RAMP, which stands for Rental Assistance Management Program, the company’s exclusive service offer to all unit owners of Torre Lorenzo projects.
The core objective of the program is to assist owners in maximizing their investments by securing the best returns. It eliminates all the difficulties of land-lordship, so investors can just sit back and watch their earnings grow.
“RAMP will ensure that the investments of the unit owners will be managed and cared for properly while ranking in periodic earnings” added Nicolas.
Similar existing programs from other developments have limited scope of services. Here, the owners have to directly market their units to prospective tenants or with third party agents. Under RAMP, the team behind Torre Lorenzo property management will take charge of looking for potential lessees for the owners , provide furnishing and home stage the suite to jack up its marketability, and handle all the paper work involved, including preparation and renewal of contracts.
Should interested parties require an ocular, the RAMP team will shoulder the task along with negotiating with both prospective and renewing tenants on the owner’s behalf, and managing the entire process of moving in or moving out.
To protect the properties from gradual wear and tear, RAMP will also oversee the periodic unit maintenance and propose necessary actions in accordance with the company’s stringent quality standards.
But what makes RAMP really stand out is it promise of guaranteed monthly income whether the enrollee’s unit is currently occupied or not. Its scheme involves pooling the units to be leased and sharing in its consolidated earnings, dividing the income to all RAMP participants on a per square meter basis. This means the bigger the unit’s floor area, the larger payoff for the owner.
Source:
Manila Bulletin
Published Date : February 10, 2015
