Evaluate Property to Maximize Leasing Rate
- Interior and Exterior Photos
- Detailed documentation of property
- Research area rental rates
- Discuss policies [pets, utilities, maintenance, snow removal, etc.]
Market Property for Leasing
- Prepare home for rent
- Clean and optimize for interior and exterior appeal
- Create customized ads for property
Tenant Screening and Selection
- Tenant Application and Verification
- Score Tenant according to application criteria
- Communicate Tenant Score with property owner
Tenant Move-In
- Develop Leasing Agreement
- Confirm Tenant Move-In Date
- Review Lease Guidelines and terms with tenant
- Properly execute tenant lease agreement
- Perform detailed move-in inspection with tenant
- Have tenant verify condition of property in writing
- Collect first month rent and security deposit
Rent Collection
- Receive monthly rent
- Collect late payments
- Enforce Late Fees
Maintenance and Repairs
- Provide and oversee in-house maintenance crew
- Perform periodic inspections for preventative maintenance
- Provide licensed and insured contractors for repairs
- Maintain 24-hour Emergency Repair Contact information
Tenant Move-Out
- Inspect property and report on property condition at move-out
- Provide tenant with report and estimate of any needed repairs
- Determine amount of security deposit to be returned to tenant
- Clean property and make any need repairs
- Re-key property door locks
Financial
- Provide timely monthly payments to property owner
- Provide accurate, quality Property Management accounting
- Make payments on behalf of owner
- Detail and document expenses
- Provide monthly cash-flow and Income/Expense statements
- Maintain historical records relating to property
- Provide annual report for tax purposes including IRS 1099 Form
Legal
- Advise property owner of any legal dispute or litigation
- Refer property owner to qualified, licensed attorney
- Stay current and apply local, state, and federal rental property laws