For this market sector we offer the following types of Services:

• Review of records and preliminary property evaluation
• Preparation of proposal for Property Management
• Preparation of Property Management agreement draft
• Property takeover, introduction, review and status report
• Develop and implement property promotion & advertizing strategy
• Conduct comparative market analysis of the area
• Provide applicant screening & approval
• Negotiation & execution of Rental Agreements
• Update and enforce House Rules and Regulations
• Develop and implement rental rate structure
• Evaluate and restructure lease terms
• Review property insurance policy terms, annually
• Recommend, obtain bids and supervise vendors
• Review property service contracts terms, annually
• Monitor service providers to ensure their performance
• Hire, train, and supervise on-site manager teams
• Negotiate employee benefit packages (if any)
• Provide monthly financial reports
• Develop annual operating budget
• Collect rents and make timely bank deposits
• Collect and maintain security and pet deposits
• Receive, approve and pay utility and service bills
• Prepare required 1099 and W-2 forms for vendors and managers
• Coordinate payroll and ensure proper reporting
• Make monthly mortgage and by-annual property tax payments
• Prepare annual P&L reports and coordinate with property CPA
• Provide 24-Hour Emergency Response
• Conduct regular inspections of the occupied units
• Inspect vacant units that are ready to be rented
• Schedule and implement preventative maintenance program
• Identify and implement energy conservation measures
• Organize and supervise execution of required maintenance
• Receive, review and initiate contact regarding complaints
• Prepare and serve legal notices to correct violations
• Prepare and serve legal notices to pay or quit
• Collect documents and initiate legal procedures
• Coordinate with legal counsel and monitor progress
• Provide court appearance and representation
• Work with county sheriffs for repossession
• Coordinate with collection agencies to collect unpaid balances
• Evaluate and recommend ancillary income opportunities
• Stay current with new laws and implement new requirements
• Ensure high occupancy levels through proven, focused marketing
and effective tenant retention programs

Extended Services

• Recommend energy conservation retrofitting
• Recommend water conservation retrofitting
• Schedule and supervise remodeling work

Optional Management Services

• Coordination with Lenders and Escrow staff
• Coordination and work with Code Compliance Unit inspectors
• Coordination and work with Health Department inspectors
• Review Fair Housing and local jurisdictions compliance
• Track vendor insurance and Worker’s Comp compliance
• Reduce operating costs through vendor/service contract re-negotiation

Value Enhancement

Designed for the property owner who does not require full-service management, Dare Property Management can provide first class management services at an affordable price. We have designed our fee structure by allowing clients to select only the services they desire, thereby maximizing value and saving precious funds.

Fixed Fee Structure

Designed to provide predictable cost for our client, this structure is the traditional arrangement in which fees are predetermined percentage of rental income. If desired, we can design a management fee program customized to meet our client's goals for their investment properties.