Property Management Services
Property Evaluation
• Perform a CMA (Comparative Market Analysis) of your property, of similar homes in the same area that have rented in the past 6 months.
• Offer recommendations on repairs and cosmetic improvements to maximize rent.
• Discuss with owners the pros and cons of different polices such as allowing pets.
Market the Property
• Prepare the home for rent
• Owners should have the home clean according to our move out check list.
• Manicure landscaping to increase curb appeal.
• Create ads tailored to the property for advertising purposes.
• Place a sign in the yard
• Advertise the property
• We market your home to the following websites: ECPPonline.com, Oodle, Rentals.com, Apartments.com, Zillow, Trulia, and Realtor.com to name a few.
• Work with other realtors and leasing agents to find a tenant
• Provide a 24-hour emergency contact for tenant to call
• Field calls from prospects for questions and viewings.
• Provide prospective tenants with rental applications that are legally compliant with fair housing laws
Tenant Screening & Selection
• Perform a background check to verify identity, income, credit history, rental history, eviction check.
• Inform owners of approved applicants
Tenant Move-In
• Write lease agreement
• Confirm move in dates with tenants.
• Review lease agreement with tenant in its entirety.
• Ensure all agreements have been properly executed by tenants and owner.
• Collect all fees including first months rent, security deposit, pet fees.
• Collect proof that all utilities were transferred into tenants name.
Rent Collection
• Collect rent
• Contacting tenants about late payments.
• Posting 3 day notices to pay or vacate the home when necessary.
• Initiate payment to the owners on/before the 10th of each month.
Inspections
An annual inspection is included in our full service program and is performed in conjunction with your tenants lease renewal. Owners may wish to establish bi-annual or quarterly inspections for an additional fee of $55/inspection.
Financial
• Provide annual reporting, structured for tax purposes as well as required tax documents including a 1099 form
• Provide easy to read monthly owner statements which offers a detailed breakdown of income and itemized expenses via the Appfolio owner portal.
Maintenance & Repairs
• We only hire vendors that are professional, licensed and insured.
• We keep the property owner informed of repairs by sending copies of the work order to the owner when placed. Then letting the owner know the issue/resultion once the vendor has performed an inspection or completed the job.
Tenant Move-Out
• Once we receive the 30 day notice from the current tenant we will inform the owner of the property. Then place the home back on the market.
• When the tenant vacates the property will inspect the property to ensure the home has been cleaned and to check for any repairs.
• Schedule the appropriate vendors to handle any issues in the home.
• Return any portion of the tenant’s security deposit to the tenant with a detailed letter informing them what they paid for and any invoices.
Fees
• $500 Tenant placement fee once the property is rented.
• Management fees are 10% of the rent only when the property is rented.
Get in Touch
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We look forward to speaking with you!