Since 1998, Spectrum Property Management, LLC has offered exceptional customer service and personal care to Maine property owners. Spectrum prides itself on effective communication with both property owners and tenants. Most issues about landlord-tenant relations could be solved with clear, concise communication and all agreements in writing.
We work hard to ensure our clients’ expectations are exceeded. You can sleep soundly knowing there is a whole team of experienced, knowledgeable professionals supporting you. We are experienced property managers with knowledge of the local residential rental markets.
We understand the delicate balance of owning rental properties and have the expertise to manage these properties effectively. We understand each property has a unique set of requirements. It’s our mission to manage each property as if it were our own.
One of the major benefits of having Spectrum Property Management, LLC on your side is lease enforcement. On-time payments and collections can be time-intensive and costly to an owner. Let Spectrum Property Management, LLC take the burden from you.
What makes Spectrum’s progressive approach unique? It could be our proactive strategies to prevent problems rather than just waiting for them to happen.
Why Hire Spectrum
Managing your rental property can be time-consuming and add stress to your already busy life. Buyers of investment properties purchase to increase their income and add to their financial portfolio. They seldom think about the work involved with the management of residential rental units.
Suppose you have multiple properties or rental units and are an “absentee” landlord. In that case, you view rental property ownership strictly as an investment and want little or nothing to do with your properties’ day-to-day management. Being a landlord is not your day job. Let Spectrum Property Management, LLC take that burden from you.
Lack of knowledge of residential rentals, consumer laws, and proper tenant screening can result in higher turn-over costs and more evictions. Spectrum’s continuing education programs keep us up-to-date on all new laws and legislation regarding residential rentals.
At Spectrum, our view on vacancy placement is about finding the right fit, NOT the first applicant! Owners make the mistake of quickly filling a vacancy for fear of lost rent dollars but only end up with unqualified renters. This remedies the immediate need to fill the vacancy but may cost more due to lost rent and potentially eviction, which will far exceed the immediate gain.
Spectrum Property Management offers complete management services for rental units, which includes but are not limited to the collection of rent, enforcement of agreements, issuing of notices, interaction with tenants, acceptance of maintenance or repair requests, coordinating with on-site professionals that the property may need, and conducting periodic interior/exterior inspections of the building/unit.
Spectrum also offers Tenant Placement service, which can be in conjunction with complete management services or a “stand-alone” service. Spectrum is hired to place a qualified renter in a vacant unit. Service includes but is not limited to advertising, marketing the vacancy, showing the property to prospective renters, accepting applications, conducting a rigorous background examination to qualify the applicant, leases, rental agreement preparation, disclosures, and completion of a full move-in inspection with photo documentation.
As your property management company, our mission is to make your job as a property owner or association member easier and more satisfying. When you find a company that is reliable and actionable, like Spectrum, your quality of life and property values will continue to increase. Whether you are a homeowners association or condominium, overseeing all elements in your community is a full-time job.
It can put a lot of stress on you and your fellow board members. As a board member, you serve your community voluntarily. You most likely have other daily commitments outside of your association.
Although you care about your community, there are seldom enough hours in the day to dedicate to Board work. Spectrum eases the burden of work for you, acts as a voice for your residents and the Association. Our job is to carry out your decisions, put Progress in Motion, and make you look good.