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
• Provide monthly financial reports
• Develop annual operating budget
• Collect rents and make timely bank deposits
• Collect and maintain security and other tenant deposits
• Receive, approve and pay utility and service bills
• Prepare required 1099 and W-2 forms for vendors and staff
• Coordinate payroll and ensure proper reporting
• Make monthly mortgage and by-annual property tax payments
• Provide 24-Hour Emergency Response
• Conduct regular inspections of the occupied units
• Inspect vacant units that are ready to be rented
• Assist in sellection and coordinate with leasing agents
• 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
