Rentals and Property Management
LET US HELP MAXIMIZE YOUR REAL ESTATE INVESTMENT
Help establish competitive rental rates based on:
State and municipal codes compliance
Identify needed repairs and potential “fragile” areas for rental uses.
Continuous classified ads
Site specific ads extra at corporate rates
Yard signage
Listing sheets available at offices
Units shown by professional real estate agents
Periodic promotions
Maintain call record of potential tenants seeking rentals
Match tenants to available housing
Interview tenants
Check credit history
Check rental references
Make sure potential tenants meet standard income ratios
Negotiate lease terms and length on owner’s behalf
Insure proper disclosures are made according to current laws
Ensure utilities are promptly changed to tenant’s name
Maintain security deposits in escrow accounts
Assess damages and document (if necessary)
Help prepare estimates for damage repairs, to comply with state law for
Security deposit returns in a timely manner
Negotiate lease extensions and renewals on a timely basis
Emergency calls
Initiate repairs within 24 hours with notification when possible,
e.g. storm damage, power outage, heating failure, sewer stoppage
Corrective Maintenance
Evaluation: Determine Cause and tenant or owner responsibility
Initiate repairs: Property Management contractors, or certified
Technicians
Routine Maintenance
Lawn mowing, pest control
Cleaning and maintenance when property is vacated
Preventative Maintenance
Inspection reports with suggested maintenance program
Painting, improvements, drainage problems, overall condition
Major Repairs
Obtain competitive bids/estimates as needed
Supervise projects to completion
Reports that identify upcoming major repairs (roofing, siding, parking lots, etc.)
Evaluate renovations as to value and income contribution
Pay monthly – (mortgages, pest control, etc.)
Monthly rental report
Annual rental report
Designed to facilitate Schedule E Preparation