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Management Services

Let us manage your Wisconsin rental property

Lakestone Properties does more than just collect rent. We offer a full range of Property Management Services that are tailored to meet our client’s Real Estate investment goals.

We are experienced investor / managers who know the laws and can help you maximize your returns. From ACH auto-draft rent collection, to Careful Tenant Screening, Lakestone Properties has a broad personal experience in all of the issues facing residential property owners and will help you get your real estate investments off to a good start. We build personal relationships with our valued clients and our tenants, and strive to be the very best Property Management company.

A Great Property Manager Can Make You Money!

Lakestone Properties is your premier Madison, WI based professional real estate management company. We can take the hassle of being a landlord, and can even make give you a BETTER cash flow, including our fees, than you would get managing the property yourself.

It all adds up:

  1. Better Tenant Screening, less delinquencies, volume discounts on maintenance, top notch marketing, shorter vacancies, etc.
  2. A Good management company can do all of your Landlord work, AND make you more money even after the fees.

Why hire a Great Management Company

You don’t have to advertise, take rental calls, or show the property.

We know where to advertise most effectively to find the best tenants, quickly. In fact our advertising posts your property on hundreds of websites giving you all the exposure you need to get your home rented quickly. We will produce better prospects sooner, and will minimize vacancies, which is likely your biggest expense. We know the rent values, vacancy factors, and time on the market in your area. We also have a deep referral network including relocation companies as well as the relocation offices of major local corporations.

You don’t have to screen applications and be apprehensive about who to pick.

We are experienced in finding and screening qualified tenants that will reduce vacancies fast, reduce rental and payment risks, and stabilize your cash flow. We provide detailed consistent tenant screening including Criminal background, Credit reporting, employer verification, and prior landlord checks.

You don’t have to execute a rental agreement, worry about adding addendums, create a tenant’s accounting report, process Vendor 1099’s, or handle deposit and refund money.

We handle all of the accounting, Damage Deposit handling, and State reporting for you. We perform thorough move-in/move-out written inspections and routine property inspections.

You don’t have tenants calling at all hours of the day and night.

We handle all tenant calls 24/7, and can screen for non-emergency issues as scheduled repair activities, saving you money. Our extended network of experienced & reliable contractors provides relationship discounts due to the volume of properties we manage.

You don’t have to hire contractors to clean, paint, or make repairs.

We are experienced in all kinds of residential repairs and have a full list of qualified, and low cost vendors that will do the job right the first time. Better repair services, at volume discounts.

You don’t have to confront tenants on tough issues like collecting rent or taking better care of the property, pursuing NSF checks, serving legal notices or starting an eviction.

We are experienced in dealing with problem tenants, should it occur. We have processed unlawful detainers, filed conciliatory court actions, served legal notices, and initiated collection and recovery activities. Our tenant management services automatically tailor and escalate activities so you won’t have to.

You don’t have to worry about the property or be shocked by its condition when you hire a Professional Property Manager. Professional Landlords & Property Managers are dedicated to selecting quality tenants and keeping your investment in good repair with minimal cost. They want your real estate investment to be a success not a failure.

Do LESS work and make MORE money, call Lakestone Properties today!