Flexible, Full-Service Property Management
Is Prospect Realty Group the right fit for your portfolio? Find out more about our management programs, the types of properties we manage, and some of the strategies we use to help our clients.
Property Management
Prospect Realty Group provides expert commercial and residential property management services to clients with investment properties located in Southeast Michigan. We have property management experience in the following Michigan cities:
- Ann Arbor
- Belleville
- Canton
- Dearborn
- Detroit
- East Lansing
- Eastpointe
- Harrison Township
- Inkster
- Jackson
- Lansing
- Monroe
- Mt. Clemens
- Newport
- Port Huron
- River Rouge
- South Lyon
- Superior Township
- Wayne
- Westland
- Ypsilanti
Experience that Saves Clients Money
Everybody at Prospect Realty Group has extensive experience with all aspects of property management. From Section 8 and voucher management to 1031 Exchanges, Prospect Realty Group has the experience to address both the expected and unexpected challenges that come with property management, including:
- MSHDA / Section 8 Change of Ownership/Management Packets
- Onboarding Distressed Properties
- Coordinating and Passing Municipal Inspections
- Obtaining Certificate of Occupancy & Rental License
- Evictions & Squatters
- Tenant Relations & Working with Late Payers
- Routine and Seasonal Maintenance
- Unit Turn and Renovation Management
- Brokerage and 1031 Exchanges
- Financial Reporting
- Disputes with Contractors or Previous Management Companies
Property Types
How It Works
- We manage client properties to increase monthly cash-flow AND to measurably improve the overall value.
- Management fee ranges between 8-11% of rent collected, based on the condition, status and occupancy of the property.
- Offer one and two-year management contracts that can be cancelled at any time with 60 days’ notice.
- We can handle every aspect of managing your properties or we can focus on a specific area, such as filling vacancies, improving tenant quality, accounting, turns management. etc.
All Types of Clients
- First-time Investors
- Newer Investors Ready to LEVEL-UP
- Seasoned Investors
- Syndications & Investment Groups
- Portfolios from 1-100 Units
- Consulting & Support for Larger Portfolios
Optimize Portfolios
Contact Us
We never onboard more than one portfolio at a time. We’re flexible with our terms and are willing to customize our services to meet the needs of our clients. Fill out our contact form and tell us about your goals and challenges and when you’d like to speak with us about how we can help.