The Real Estate Investing Authority®

FAQ

FAQ

Why hire Nexus™ Property Management®?

Many property owners have other obligations, commitments, and careers. Some live inconveniently far from their investments. Lots of people just don't enjoy the inevitable broken appointments when trying to show vacant units, the 2am phone call about the broken water pipe, or the hassle of rent collection and paperwork. Nexus™ solves all of these issues and will in most case cost little to nothing. if you were to have just one month vacant and not collect rent you would have lost more money than the cost of professional management from Nexus™ for a whole year in many cases!

How much will it cost?
  • Single Family
  • Rent amount less than or equal to $850/month - 10% of collected rent
  • Rent amount from $851/month to $1200/month - 9% of collected rent
  • Rent amount greater than $1201/month - 8% of collected rent
  • Multi-Family
  • 6 units or less - 8% of collected rent
  • 7 - 35 units - 7% of collected rent
  • 36 or more units - 6% of collected rent
  • RErental Fee is charged when a vacant unit is rented. Fee is 50% of first months rent or $450 whichever is greater. Nexus™ has a 90day NEW TENANT GUARANTEE ,
  • If a tenant we place for any reason leaves the unit or is evicted in the first 90 days we will market your property and place a new tenant for free!
  • We do not charge a set up fee
  • We do not keep late charges
  • We do not add administrative fees
  • We only benefit when our owners and tenants benefit, we don't charge “vacancy fees” .  We believe our clients our team members and therefore we benefit together.
Can Nexus™ find me a tenant?

Here at Nexus™ we offer the RENT4U™ program. This is a leasing service designed for property owners that would like to utilize the marketing tools and tenant placement procedures of Nexus™ Property Management®, but would like to still manage the day to day operations of the property once it is rented.
Please visit the RENT4U™ page for more details

Can I cancel anytime?

All management agreements with Nexus™ can be canceled by any party with 30 day written notice.

Do I pay any up front fees?

NO.. We don't believe in gimmicks or garbage “set up” or “new account” fees we charge a monthly management fee based on rent collected, and a RErental fee for placing a tenant. THAT'S IT!

How do I get started ?

Please fill out the form at the bottom of this page with your name and contact info and we will reach out to you shortly.

What happens next?

We will create a property management agreement and then Nexus™ will perform a property analysis and establish a rent range from comparable properties in the area and speak with you about any issues or repairs we recommend prior to marketing. At this point we ask that you provide us with a copy of all keys pertaining to the property along with contact info for all current tenants. You then inform your tenants that they will be contacted by Nexus™ Property Management™ and that we will be managing the property from here on out. We then place all current security deposits in trust and establish a reserve amount for each property to cover repairs and maintenance. This amount can be altered to owner requests and can be taken out of first months rent. All tenants will receive documents detailing our contact information, processes and online account access. You then get to sit back and your funds are direct deposited into a bank account of your choice every month!

Nexus Feedback

I'm not the nicest guy, but i have so many nice things to say about Nexus. They started in a shoebox office in Pawtucket and have since grown to 4 locations in just 7 years. The proof is in the pudding. NICE job!!!

20 Sep 2020

Mike from maintenance came to repair a leak in my bathroom. Very professional. Repair was done in a timely manner and clean up was also done. It was a pleasure to deal with him and Nexus-Fall River

28 Jul 2018

Working with Greg at Nexus Property Management made moving a breeze! We have been apartment hunting for a very long time now, and whenever we would come across a Nexus listing we would be so excited because their approach to renting with the videos is amazing. Being able to see the entire place from the comfort of your own home saves so much time and effort for a 5 minute walk through of somewhere you might not want. I was happily surprised at how fast the response time was. Most places take a day or so, but Greg got back to me that same night. Overall I would highly recommend using Nexus Property Management to anyone looking to rent or buy! They really make a nerve wracking enough move nice and smooth. I am happy to be working with them.

28 Apr 2016

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