Services

Property Services

Perform detailed documentation of interior and exterior, including photos
Offer recommendations on repairs and cosmetic improvements that maximize monthly rent while providing ROI
Gather data on rental rates in the area and work with owners to determine optimal rental rate. Rent research varies, but includes looking at recently rented comparables according to size and type
Discuss with owners the pros and cons of different policies, such as accepting pets, allowing smoking etc.
Install lock box

Prepare home for renting
- Clean and optimize interior appeal
- Manicure landscape to increase curb appeal
Create ads tailored to property and advertising mediums
Work with other realtors and leasing agents to find tenants
Provide 24-hour hotline where prospective tenants can find detailed information about property
Field calls from prospects for questions and viewings
Meet prospective tenants for showings throughout the week and weekend.
Provide prospective tenants with rental applications that are legally compliant with fair housing laws
Collect applications with application fee

Perform background checks to verify identity, income, credit history, rental history, etc.
Grade tenant according to predefined tenant criteria
Inform tenants that were denied

Draw up leasing agreement
Confirm move-in date with tenant
Review lease guidelines with tenant regarding rental payment terms and required property maintenance
Ensure all agreements are properly executed
Perform detailed move-in inspection with tenant and have tenants sign report verifying condition of the property prior to move-in
Collect first month’s rent and security deposit

File relevant paperwork to initiate and complete unlawful detainer action
Represent owner in court
Coordinate with law enforcement to remove tenant and tenant’s possessions from unit

Advise in event of a legal dispute or litigation
Refer owner to a qualified attorney when necessary
Understand and abide by the local, state and federal legislation that apply to renting and maintaining rental properties

Perform periodic inspections (in and outside) on predefined schedule to seek repair needs, safety hazards, code violations, lease violations, etc.
Send owner periodic reports on condition of property

Provide accounting property management services
Make payments on behalf of owner (Mortgage, insurance, HOA dues, etc.)
Detailed documentation of expenses with invoices and receipts
Maintain all historical records (paid invoices, leases, inspection reports, warranties, etc.)
Provide annual reporting, structured for tax purposes, as well as required tax documents, including 1099 form
Advise owner on relevant tax deductions related to rental property
Provide easy to read monthly cash-flow statements that offer detailed breakdowns of income and itemized expenses

Provide and oversee in-house maintenance crew
Establish preventative maintenance policy to identify and deal with repair needs
Provide network of licensed, bonded and fully insured contractors who have been vetted for pricing and work that is up to code.
Assign jobs to different parties (in-house employees, handymen and professional contractors) based the best job for the best price.
Maintain outdoor areas
- Leaf and snow removal
- Landscaping
- Removing trash and debris
Maintain and monitor a 24 hour emergency repair hot-line
Larger renovation or rehab projects
- Provide recommendations on project’s maximized rental income
- Prepare preliminary cost estimates
- Get multiple independent bids for work
- Act as general contractor overseeing work

Inspect unit and fill out report on property's condition when client moves out
Provide tenant with a copy as well as estimated damages
Return balance of security deposit to tenant
Forward any portion of owner’s portion of tenant deposit to owner or hold in owner reserves for repairs
Clean unit and perform and needed repairs or upgrades
Re-key locks
Put property back on the market for rent