Long-Term Lease Management
Long-Term Rentals || Institutional Rent || Capital Investment Encouragement Law
Our company has always prided itself on being attentive to market trends and the needs of its customers. As is known, the legislator tries to solve the housing problem in several ways, one of which is by encouraging capital investments in long-term rentals.
The long-term rental has a variety of advantages as it allows those who cannot afford to buy an apartment to arrange for a quality apartment for long-term rental. This increases the certainty of the households, as well as reduces the demand for an apartment for purchase. Also, these are usually apartments with a good level of finish and realistically controlled rents.
Capital Investment Encouragement Law || Long-term rental || Institutional rent
In order to encourage investors and entrepreneurs in this route, the legislator saw fit to give tax benefits. The amount of the benefit is affected according to the steps of the rental period, and it will be applied to the taxable income that the owner of a building for institutional rent has grown from the sale or rental of apartments for institutional rent.
Also, an additional benefit concerns the recognition of an accelerated depreciation rate of 20% in long-term rental apartments.
It is even possible to recognize a part of a building intended for rent, provided that the approved part has at least 6 residential apartments and is subject to additional conditions.
Our company has a tremendous advantage and a lot of experience in managing real estate in all its different aspects, both in the human aspect of the tenants, in the technical aspect of the systems, creating a lively community, and in the administrative aspect of contracts, work plans, etc. These characteristics allow us to offer investors and entrepreneurs a holistic solution for long-term rental investments.
• Supervision and monitoring by professionals
Extensive services and maintenance are done including recruitment of maintenance personnel, cleaning services, and emergency systems maintenance.
• Finding suitable tenants
Locating quality tenants that suit the property’s nature in the “Kibbutz” method- a committee that will prevent unsuitable tenants renting your property.
• Property rental
Taking care and preparing the property for rental, handling rental agreements, asset enhancement initiatives, renting according to market value and more.
• Minimum effort- maximum profit
We take care of the property management aspiring to maximize the property owner’s profitability that will receive passive income without daily dealings on his end.
• Apartment management
Professional and reliable consultation regarding all aspects of correct and intelligent management of the asset: management, technical, legal and more.
• Building maintenance
Operation and maintenance of the property regularly by certified professionals and providing complete service regarding all aspects of managingand maintaining properties.
The range of the services the company provide is extensive and can accommodate any need:
Preparing the property for rent, renting the property according to market value, regular maintenance, complete management by the company done with the help of certified professionals, locating and testing potential tenants, financial management and providing financial reports, contracting maintenance services or by the scope of work, providing technical professionals to perform regular inspections, specifying, planning, managing and execution projects, asset enhancement initiatives, handling rent agreements, joint decision making process with the property owner, real estate consultation, homeowner association property management, assistance with finding assets for investment and direct call line for urgent calls.
Work Plan
We begin by making a thorough examination of the building and its systems, preparation of a status report, expectations coordination with the property owner, budget building and finally writing an annual plan and executing it. The work plans are conducted professionally and rigorously by certified professionals and are monitored by the company. The property owner will receive extensive and detailed reports regarding the work done on the property.
"Ogen- Management Solutions" provide the property owner with a call center with a humanrepresentative to provide a quicksolution for any problem. We work according to the strictest requirements by law and standards and maintaining high standards of safety, quality and professionalism. We have all the required licenses required to employworkers in the property management industry (by service contractors’ law)
We will be happy to assist you with any inquiry.