Logo, Divine Investments - Real Estate Firm

Welcome to Divine Investments, A Licensed Brokerage and Property Management Firm Specializing in Meeting All a Client's Needs for Their Property

• Brokerage Services
• Residential & Commercial Property Management
• Condo Association Management
• Rental Services
• Consultation
• Development
Divine Investments is a local boutique real estate firm founded in 2001 specializing in sales, rentals, property management and development.
Put experience on your side when purchasing, selling or renting a property with assistance from our real estate team in Providence, Rhode Island.
Divine Investments has a range of services to help you navigate the ever changing world of real estate:
Hasbro Children's Hospital Charity Drive 2023

Covid-19 Safe Workplace Practices & Resources for Renters


Effective March 23rd 2020, we are asking all payments to be made in one of the following ways: 


By mail. Simple, easy and pretty safe for us all.  Electronically. If you have a bank account, you should be able to set up direct bill payments. Completely eliminates all contact. If you need help setting up one of these options let us know. We are here to help. Our office is open but we still can only allow one masked person in at a time and ask any visits are planned in advance. 


Tenants impacted by Covid-19. Please contact us if you need an extension to pay your rent if, for example, you are waiting for unemployment benefits to come in. Beginning August 1, 2021, we will resume charging late fees. If you have an extreme circumstance of hardship, please reach out to us for assistance. Landlords and tenants can apply for rental assistance through the Rent Relief Program. Pleases see the link below for more information: https://www.rihousing.com/rentreliefri/ 


Commercial tenants please contact 521-HELP to access state resources for assistance. Here are some helpful links below. 


SBA Assistance  

https://www.sba.gov/disaster-assistance/coronavirus-covid-19 


Unemployment for independent contractors 

https://covidemergencyuibenefits.dlt.ri.gov/ 


RI Emergency Bridge loan 

https://commerceri.com/ 

Rentals, Showings, Open Houses

We have resumed showings units while still occupied on a case by case basis. For tenants with underlining conditions and health concerns showings can be deferred or done virtually until they have moved out. Open houses will only be held at vacant listings and we abide by Rhode Island Realtors guidelines of maximum occupancy of 1 person per 100 sf. Masks are a must always while indoors. 

Covid-19 Safe Workplace Practices & Resources for Renters

Effective March 23rd 2020, we are asking all payments to be made in one of the following ways:


By mail. Simple, easy and pretty safe for us all. Electronically. If you have a bank account, you should be able to set up direct bill payments. Completely eliminates all contact. We will work on creating other electronic options this week such as cash ap, PayPal, and Zelle transfers. 


Please do not come into our physical office. If you need help setting up one of these options let us know. We are here to help. We will remain open but plan to do our best to minimize contact and maintain safe social distancing. The same goes for maintenance calls. 


Tenants impacted by Covid-19. Please contact us if you need an extension to pay your rent if, for example, you are waiting for unemployment benefits to come in. If you have suffered loss of income due to Covid-19, we are waiving all late fees. Landlords and tenants can apply for rental assistance through the Safe Harbor program. Pleases see the link below for more information:

https://www.uwri.org/2-1-1/safe-harbor-housing-program/


Commercial tenants please contact 521-HELP to access state resources for assistance. Here are some helpful links below.


SBA Assistance 

https://www.sba.gov/disaster-assistance/coronavirus-covid-19


Unemployment for independent contractors

https://covidemergencyuibenefits.dlt.ri.gov/


RI Emergency Bridge loan

https://commerceri.com/


Rentals, Showings, Open Houses

We will continue to rent units but only after the current tenant has moved out and the unit is vacant. Any showings of occupied units will be done virtually and with the existing tenant's permission. Open houses will only be held at vacant listings and we abide by Rhode Island Realtors guidelines of maximum occupancy of 1 person per 100 sf. Masks are a must always.
Services Offered
We are licensed and experienced to assist with sales or buying of both residential and commercial properties. From investors eyeballing a complete rehab to helping you find your first home to listing a property for sale, we have the track record.
Property Management:
We manage individual homes or condos, larger residential income properties, mixed use or commercial buildings as well as condominium associations. Services and fees may be custom fit to your particular needs.                                     
We are happy just to rent either your residential or commercial unit. This service will cover advertisement, showings, screenings, lease preparation and moving the tenant in.                                                                                                                    
President Rani Vails created Divine Investments in 2001 as both her development and property management took off. Her development back ground lends a level hand and mind to evaluating and assessing a property’s maintenance needs which is an asset to both property management and brokerage clients. Rani has also been a broker since 2006 and excels in working with buyer clients seeking to purchase either investments or a new home. She is a recipient of the 2011, 2013 and 2014 Five Star Broker Award. Her first development project was a condo conversion in the Promenade neighborhood behind the Providence Place Mall. Her latest projects include many foreclosure rehabs that have gone on to become family friendly and affordable housing units in fragile Providence neighborhoods.
What makes us special?
We are a very hands on operation that values satisfied long term clients. We go that extra mile to keep investments running smoothly and the proof is in the pudding:

Our overall 2019 vacancy rate was 1.44% and our overall 2019 eviction rate was a mere .23%.

Did you know before moving forward with an eviction, our standard practice is a trip out to the property? That’s because a negotiated move-out when possible is almost always less expensive than an eviction.
Rani Vails
President and Blog Author
2023 Five Star Real State Agent - Provdence, RI - Divine Investments Inc

Our Monthly Blog by Rani Vails :

Visit our blog to read prior posts

 

Blog Updated Today!  February 2, 2024

The next great market crash is…. Insurance??

February 5, 2024
You are not alone if you have noticed that the typical 4% annual increase in your home owner’s insurance is a thing of the past. Some are thankful just to have a policy. With increasing volatility of extreme weather related property loses, the insurance market has been reeling and the vast majority of us have been paying. Time will tell if extreme weather will become increasingly the norm. And, if it does, how will the insurance market react? In Florida private insurance companies are mitigating loses by closing shop and the state sponsored insurance has become the biggest carrier. This translates into higher costs for home owners and/ or greater risk as more homeowners opt to forgo insurance altogether. Again, this burden will disproportionately affect middle and lower classes as homeownership becomes elusive in its affordability or even practicality. Although I am not a big advocate of increasing government involvement, this is an area homeowners should get assistance.

Testimonials

"Divine Investments managed my property and then its eventual sale. Through the years, the attention to detail was terrific. The sale went without a hitch. I would highly recommend Divine Investments for both property management and as real estate sales"
Leslie Bucci
"I highly recommend Divine Investments for property management--they managed a property I owned in RI for nearly 15 years, and they did an incredible job, from finding great tenants, to resolving issues quickly and efficiently. Whenever they hired anyone to do work on the apartment, I felt like the work was done well, and affordably. They definitely made being a landlord much easier on me, and they were always helpful and kind to my tenants. They are pleasant to work with, and they have an expert knowledge of managing buildings and budgets...I always felt like I was getting good advice from them regarding my property. I definitely felt like I was in good hands. They are very professional and reliable, and will exceed your expectations."
Jonathan Powell
“Please let this letter serves as a sincere appreciation for all your hard work and dedication as a property manager for my two properties in Providence, Rhode Island. I have used your services for over three years, and quite frankly without your help I would have lost those properties years ago. In these previous three years you proved your worth time and time again; from addressing my tenants issues in a expedient manner to providing me a variety of options to resolve all issues that arose. It was a long three years, and the only certainty I had, was knowing you were there for me, and I trusted that your management of my properties was as if they were your own. My tenants had great respect and regard for you and my handyman were always pleased to work with you. It is not often you find someone who cares as much as you do; my words cannot express my extreme gratitude for your help. I wish you success in business and if I have property again in Providence, Rhode Island again, I will definitely employ your services.”
Sincerely,
Jose Morales
"Rani Vails is a true all-star(s) person. She guided us expertly and conscientiously through locating and purchasing the condo of our dreams. She's a very hands-on realtor and her hands are both gentle and skillful. She doesn't miss the tiniest detail. And, she doesn't hesitate to provide guidance and point out issues we may have missed."
Paul Wortman

"My husband was transferred out of state so we hired property manager (No. 1) who found us a tenant.
After a while, the tenant stopped paying her rent and property manager No. 1, was not to be found.
We hired property manager (No.2) who found us a tenant but said our house needed a lot of work. We paid property manager No. 2 to install new carpet though out, repaint the interior plus replace some blinds and a broken window. The tenant, who was paying us directly, finally stopped sending her rent, filed a complaint with the city claiming none of the items we paid property manager No. 2 to make, were never made and demanded we make the repairs as she was promised by Property manager No. 2. For years, we struggled to collect rent and make repairs to our house which were never made. Keeping the house (which we planned to return to) rented and making “repairs” was a nightmare until we found and hired Divine Investments who ended our nightmare! Not only did Divine Investments, keep our house rented with reputable tenants, they also communicated with us on a regular basis either by phone or email, and when repairs were needed, Divine Investments always found reputable repair persons and kept us informed with before and after pictures or repairs and lawn management.
We never did return to Rhode Island because my husband passed away. When I decided to sell my house, I listed it for sale through Divine Investments because they had taken such good care of me and my property. Within a few weeks I had an acceptable offer and with the skillful help of Divine Investments guiding me, I was able to sell my property without having to travel back to Rhode Island.
Divine Investments Company was a God send to us /me, and I would 100% recommend them to anyone needing property management."
Bev Walker

"Divine Investments, Inc. managed my two-unit side-by-side townhouses in Providence, Rhode Island, from 2007 until they successfully the same property on my behalf in 2019. Rani Vails, the President, always listened to my needs, and provided me with her professional advice according to my resources at every stage of my property ownership. She represented me selflessly for required personal appearances, when my international work prevented my presence in Rhode Island over the years. Rani took an interest in my tenants, and advocated for their welfare, when they faced various challenges in life. Her comprehensive professional advice was invaluable. Her empathy, and solid knowledge of the real estate business in Rhode Island, always made her my trustworthy business partner, who could easily and successfully negotiate issues for me. The staff of Divine Investments, Inc. work seamlessly and professionally together, in order to achieve the best goals for their clients. I always knew that the staff will pre-empt and solve any problem comprehensively. I am truly blessed to have been the client of Divine Investments, Inc., and I highly recommend their services to any potential client without any reservations."
Letitia Acquah
Contact Divine Investments for all of your real estate needs: 
Property Management Rhode Island
Rentals Rhode Island
Brokerage Services Rhode Island
Hours of Operation:
Mon - Fri
-
Sat - Sun
Appointment Only
Contact Information:
Fax: (401) 272-6749

222 Broadway, Providence RI 02903 (Historic Federal Hill).

Service Area:
Rhode Island and Southern Massachusetts
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