While property management can greatly benefit any rental property owner, you might especially want to consider hiring us if any of the following things are true:
You live further than a couple of neighborhoods away from your rental property
You're not a home maintenance guru
You don't have at least 10-12 hours per month to deal with tasks related to your rental property
You don't want to have to make yourself constantly available in case of emergency
You don't have a good working knowledge of landlord-tenant law. You don't ever want to have to worry about dealing with difficult or non-paying tenants
Meet with property owner and preview property for management
Execute a contract and any pertinent documents or addenda
Assist you in determining the best market price for the property
Pre-qualify and screen prospective applicants
Process applications, obtain credit report, and verify references and income
Prepare lease agreement and obtain signatures
Collect required security deposit
Day to day enforcement of lease terms; i.e. rent collection, care of property, etc.
Remit owner-authorized and funded expenses, i.e. repairs, etc.
Coordinate necessary repairs or maintenance with appropriate licensed, insured vendors
Provide 24-hour emergency service for the property
Provide a detailed computerized monthly accounting statement
Disburse rental proceeds electronically, directly into client bank account
Provide owner end-of-year IRS tax form 1099
Provide annual summary of expenses
Conduct routine visual property inspections
Provide ongoing communication with owner concerning property matters