Property Management Solutions made easy by Norris Lake Properties, Inc.

Norris Lake Properties Management Services was born for one specific purpose: To provide, at a low cost, a complete management system for the homeowner/investor interested in realizing long term appreciation and income while at the same time enjoying their investment with family and friends with little homeowner effort.
Owning an investment property on Norris Lake can be a tremendous opportunity, yet without the proper management services in place, it can be challenging at times. We at Norris Lake Properties Management Services (NLPMS) have taken the risks and aggravations out of renting your lake home. Our professional Turn Key Operation is so complete we have home owners utilizing our services that have literally not seen their homes in person since the day of closing. Although this is very rare and not the goal for the majority of our home owners it is a possibility.

In today’s world of appreciating waterfront values, lake homes have become not only a great joy for the family to use, they are often purchased as an investment strategy for the future. Back in the days of inexpensive waterfront cottages, families on occasion would rent out their cabins to offset a few expenses and word of mouth was the basic means of finding tenants. Those days have come and gone, and now more and more lakefront homeowners are leasing their homes primarily as an income opportunity, and thus the old systems of finding tenants are no longer effective. This practice has evolved into a highly competitive industry of its own, and is often the vehicle that makes homeownership even possible. With this competitive industry in mind we have designed a system utilizing technology, relationships and experience to maximize the return on your investment. This, along with a comprehensive understanding of the vacationing parties’ wants and needs, we can deliver these desires to the customer in the form of our services and your vacation home.

Norris Lake Properties’ property management services are a true Full Service Management Company. We offer guidance on the various stages of the process including the designing, outfitting, decorating, furnishing, leasing, maintaining, promotion, book keeping and profit generation. NLPMS is a division of Norris Lake Properties. Because Norris Lake Properties also has divisions that develop, build, and sell we are able to leverage our experiences and relationships with vendors and service providers. We have HVAC providers, plumbers, electricians, all under contract to respond to our managed properties within a specified time period. Because many of these providers were the original subcontractors for the homes when they were built, they know the mechanics and systems well.

One of our unique abilities is to offer assistance to the homeowner even before the purchase of their investment property has occurred. We can assist the prospective buyer/homeowner/investor from day one of the home buying/building/investment experience.

We are naturally able to maintain this quick response and quality service as the service providers wish to continue to provide services to NLP in the future for the many projects we are involved in. These local relationships along with our high level of customer service additionally distinguishes us from other property management providers and enables us to provide unparallel service that others cannot provide. In addition to the general property management services mentioned above, NLPMS offers counsel as to the types of homes that vacationing families prefer to rent, the size and location they prefer on the lake, the expected amenities desired, and the floor plans and bedroom set ups that will prove to be versatile enough to maximize occupancy without sacrificing comfort.

We will provide detailed itemized lists of household necessities such as kitchenware, bedding, furniture, electronics, gaming tables, watercraft amenities and much more. With over 40 years of renting out lake homes we have a good understanding as to the tenants’ needs and will pass this experience on to you. In addition to our experience, we have preferred supplier programs with local vendors for outfitting your home with items such as appliances, furniture, electronics, security, and satellite systems. We can offer furniture packages that optimize occupancy, price, and durability for our owner/ investor. These are a few differences that make us a true “Full Service” management company with respect to our client, the homeowner.
NLPMS objective is to provide the homeowner as much assistance as needed to ensure they realize their full potential of the property. Like the years of past, some homeowners’ goals are to simply rent out their home on occasion to help offset a few expenses. In contrast, others may want to maximize the properties income potential and lease it out as much as possible. With this profitability goal in mind we understand that at the end of the day the homeowner/ investor must be confident that the property is a good investment in order to continue maintain the home in the homeowner’s investment portfolio. As a result we offer a 25% management fee for our full service system. This in addition to our other services enables us to provide our homeowner/investor with the highest and most comprehensive level of service for a lowest price .We look forward to discussing your homeownership/investor needs with you and regardless if you are a homeowner/investor client of ours or just vacationing in one of our premium Norris Lake rentals, “we will treat you like family.”

© Norris Lake Properties, LLC.