Answers to the most common questions about property management in Ulster County and the Hudson Valley.
A property management company handles the daily operations of your rental properties — tenant placement, rent collection, maintenance, financial reporting, and legal compliance — so you can earn passive income without the active workload.
At First Capital, we manage multifamily rentals, condo associations, and HOA communities across Ulster County. Our services scale from basic rent collection to full-service portfolio management.
Most property management companies in Ulster County charge between 8% and 12% of monthly collected rent for residential management, with HOA and condo management typically structured as a flat monthly fee per unit.
The exact rate depends on your portfolio size, property type, and the scope of services you need. Contact us for a custom quote — we structure our fees to ensure your management costs are more than offset by reduced vacancy, better tenant retention, and lower maintenance expenses.
Every applicant undergoes a comprehensive background check, credit review, income verification, and rental history analysis. We contact previous landlords and verify employment before approving any tenant.
Our screening process is designed to place reliable, long-term tenants who pay on time and take care of your property. This rigorous approach dramatically reduces your eviction risk and turnover costs.
We provide 24/7 emergency on-call service. Tenants submit requests through our portal, and our team dispatches vetted local contractors immediately for urgent issues like water leaks, heating failures, and safety hazards.
Non-emergency requests are scheduled efficiently to minimize cost. All work is documented with photos and invoices in your owner portal.
HOA management focuses on community governance, covenant enforcement, and common-area maintenance for single-family home communities. Condo management includes those services plus building-level operations like elevator maintenance, hallway upkeep, and shared utility management.
Both require strong financial oversight, transparent communication, and consistent enforcement. We tailor our approach to the specific needs of your community structure.
Contact us for a free property assessment. We will evaluate your property or portfolio, discuss your goals, and provide a custom management proposal within 48 hours.
There is no obligation and no pressure. We want to make sure we are the right fit for your needs before you commit.
Contact us directly — we are happy to answer any questions about your specific situation.