Property Management

Finding a Tenant:

Research current market conditions on comparable rental home prices to determine fair market rent

Aggressive marketing approach to include Multiple Listing Service, Company Website, Personal Website, Video Marketing, Visual Tour, Facebook, YouTube, Pinterest, Linkedin, Twitter and a List Hub pull to over 70 premium websites

Licensed Realtors showing your home to prospective tenants

Eye catching photographs of interior and exterior parts of the home to capture interest

Professional signage and directional language to attract drive-by prospects

Tenant screening, including credit check, criminal background check, income verification, and rental history

Professional lease document provided

Negotiate lease term with new tenant

Perform property inspection before a tenant moves in with prior move-in photos

Collect up-front fees and deposits associated with each property

Coordinate move-in with new tenant


Property Management:

Originate new account for Owner, specific to their property

Execute lease agreement with new tenant(s)

Collect monthly income for each property

Perform move-in and move-out inspections to make sure security deposits are handled appropriately at end of lease

Quarterly site visits to monitor maintenance issues and the condition of the property

Coordinate maintenance services within predefined authorized limits set by each owner

Handle coordination of utility services between occupancies

Use of an escrow account to process and retain security deposits

Process management agreements, lease and lease renewals

Handle terminations and evictions (if necessary)

Maintain compliance with the Alabama landlord/tenant laws, and federal/state fair housing laws

Monthly accounting statements

Year-end accounting statement for ease of tax preparation

Provide owner with form 1099 for IRS


Fees:

Our fees are separated based on finding a tenant (Marketing & Leasing) and Property Management.

1. Finding a tenant (Marketing & Leasing) is equal to 100% of first month's rent.

2. Property Management is 10% of monthly collections or $100/month whichever is greater.