Management FAQ’s
Diaspora Investments Daily Management
Daily management of your real estate investments involves time and expertise. The people at Diaspora Investments provide owners of rental buildings, condos and coops with the freedom to focus on life and family, assured that property management professionals are caring for your property. Whether your property is a garden apartment or mid-rise building, Diaspora Investments will work with you every step of the way to ensure your satisfaction. Our customizable property care services include:
- Management
- Renovations
- Sanitation
- Financial Services
- Business and Legal Services
Professional Management
We handle minor repairs, and periodic maintenance. We treat each property as if it were our own, and therefore expect the highest quality work from our employees and each of our contractors. No repair or project is considered complete until it meets our own standard, and the Owner is satisfied with the work. The safety of your building and occupants is our primary concern. Our Repair/Maintenance Service includes:
- Access (via phone and email) to personal, expedient and cost-effective people
- Project management
- Access to our extensive network of expert trades people
- Management of staff: Hiring and scheduling of building staff
- Contract supervision
- Single contact point for emergencies/repair/maintenance
- Periodic maintenance recommendations for Owner approval
- Estimating cost of repairs and projects
- Preventative maintenance and periodic routine inspections at Owner’s request, and on Diaspora Investments initiative
- Provide routine seasonal maintenance
- Review and evaluate security
- Assess apartments’ need for repairs or improvements
- Evaluate building systems to identify cost savings opportunities
Renovations
In addition to our expert property management services, Diaspora Investments handles a wide range of projects including apartment, new kitchens, bathrooms painting, plumbing and electrical work.
We have combined our many years of experience working with architects, engineers, and contractors, with our expertise in renovations and familiarity with New York City’s legal requirements, to establish streamlined procedures for all types of renovation projects. Diaspora Investments offers a renovation service that is ethical, creative, and cost-efficient. Our mission is to represent the owner’s interests at every stage of the project. We provide sound advice on such crucial matters as how to:
- Optimize the use of available funds
- Control the scope of the work
- Avoid delays, changes, and disputes
- Schedule the project
- Optimize the use of design and construction firms’ skills
- Enhance project design and construction quality
Sanitation
Diaspora Investments management takes care of the overall sanitation needs of each managed property. The services we provide include:
- Garbage and recyclables moved to the curb twice weekly
- Ice and snow are removed in accord with your state requirements
- Indoor and outdoor areas cleaned as-needed
- Lightbulb replacement and related basic services
- Identification of exceptional property issues
Financial Services
Financial Services employs a team of bookkeepers, CPAs and related professionals to provide customized financial services including:
- Rent and Common Charge Collection
- Bill Paying
- Accounting
- Monthly financial reporting
- Fiscal Planning and monitoring
- Annual budget preparation
- Liaison with Tax Accountant
Business and Legal Services
The Diaspora Investments management team includes lawyers and related professionals who performs a range of services related to legal, governmental, regulatory, and financial issues for your property including:
- Violation processing and clearing
- Insurance renewals and optimization
- Tenant application processing and background checking
- Lease, rider, and related document drafting and execution
- Responding to Governmental documentation requirements
- Tax certiorari, abatement and assessment reduction processing
- Evaluation and management of legal matters
