Rental Property Management

Ithaca, NY

Offering tenant placement, bookkeeping services, maintenance services, office support, and technology. CSP Management has been a trusted provider of rental property management in Ithaca and Tompkins County for over 30 years. We offer comprehensive services to help property owners maximize their investments by expertly managing properties, tenants, and maintenance needs.

Tenant Placement

We provide tenant placement to help promote rental properties to those seeking housing in the Ithaca area.

• Advertise properties through print and online platforms.
• Arrange viewings for vacant and upcoming units.
• Conduct credit checks, employment verification, and landlord references for potential tenants.
• Distribute keys and necessary information at the start of tenancy.

Bookkeeping Services

Comprehensive, state-of-the-art software, manage your rentals for you.

• Collect and deposit rent and other payments.
• Manage tenant utility billing and other fees.
• Handle client expenses, including taxes, mortgages, and utilities.
• Provide detailed monthly financial reports, including:
  • Rental income statements
  • Maintenance expense logs
  • Delinquent rent reports
  • Transaction and reconciliation summaries
  • Year-to-date income and expense statements

Maintenance Services

• Collect and deposit rent and other payments.
• Manage tenant utility billing and other fees.
• Handle client expenses, including taxes, mortgages, and utilities.

Office Support and Technology

• Team of leasing, maintenance coordination, construction, and bookkeeping specialists.
• Equipped with Buildium Property Management software, OneDrive, Adobe, and Microsoft tools.
• Full scanning, printing, email, and multiline phone systems.

Skilled Maintenance Team

• Year-round staff handle plumbing, electrical, and general maintenance.
• Collaborations with licensed contractors for specialized projects when required by city codes.

Management Fee Structure

• Management Fee = Leasing Fee + Collections Fee
• Leasing Fee = 6% of the gross annual value of each lease or renewal
• Collections Fee = 6% of all funds collected on behalf of property owners
• Maintenance services billed on a time and materials basis

Maintenance Fee Structure

• Labor rates:
  • General labor: $55/hour
  • Moderate maintenance: $65/hour
  • Complex repairs: $75/hour
• After-hours, weekend, and holiday rates are 1.5x the standard rate with a two-hour minimum.
• Materials billed at cost plus 10% (or directly through client accounts if preferred).
• Contractor fees charged at their rates.
• $15 truck charge per job.

CSP Management provides comprehensive property management services focusing on efficiency, transparency, and quality. Explore our Rental Property Management Services today