Initial Marketing and Tenant Placement (Includes 3d Tour, professional photos, and online advertising)- $995

Monthly Management Fee - 10% of gross Rents for the first 6 months and 5% thereafter (Resets to 10% with placement of new Tenants)

According to the agreement, the property manager has the authority to authorize repairs up to $350 without requiring the landlord's permission. However, through the online platform, the landlord receives notifications for maintenance tickets. If the required work exceeds $350, it is carried out only after the landlord approves bids for the work.

Unlike most property management companies that collect rent in your name, deposit it into their trust account, and pay you after deducting expenses (which can take up to 15 days), our platform offers a different approach. With us, the tenant pays you directly through our payment system. Expenses, on the other hand, are billed separately and can be paid either 10 days after receiving the invoice or on the first day of the month.

As part of the initial setup, we offer a professional 3D Tour and multiple high-quality photos. These assets can be utilized repeatedly in the future to minimize vacancy periods. Even before the current tenant vacates the property, we can start advertising it using the existing materials. With the 3D Tour, prospective tenants can virtually walk through the property, providing them with an immersive experience.

Residential real estate property management involves overseeing and maintaining properties on behalf of property owners or landlords. The services offered can vary depending on the property management company, the property type, and the specific needs of the property owner. Here are some common services offered for residential real estate property management:

1) Tenant Screening and Placement:

Advertising and marketing vacant properties

Screening potential tenants, including background checks and credit reports

Managing lease agreements and rental contracts

2) Rent Collection:

Coordinate rent payments from tenants through our Direct online system

Enforcing late payment penalties and procedures

3) Maintenance and Repairs:

Coordinating regular maintenance and repairs

Handling emergency maintenance issues

Hiring and overseeing contractors and service providers

4) Property Inspections:

Conducting regular driveby inspections of the property's condition

Identifying and addressing any needed repairs or improvements

5) Financial Management:

Help Keep accurate financial records related to the property

Providing monthly or quarterly financial statements to the property owner

Budgeting and financial planning for property expenses

6) Tenant Relations:

Serving as the main point of contact for tenant inquiries and concerns

Addressing tenant complaints and resolving disputes

7) Legal Compliance:

Ensuring that the property complies with local, state, and federal regulations

Coordinate eviction processes, if necessary, in accordance with the law with attorney

8) Property Marketing and Vacancy Management:

Developing strategies to minimize vacancy periods

Showcasing properties to potential tenants

Advise on appropriate rental rates based on market trends

9) Coordinate Property Upkeep and Aesthetics:

Keeping the property well-maintained and attractive

Landscaping and curb appeal enhancements

10) Reporting and Communication:

Regularly updating property owners on the status of their property

Providing detailed reports on income, expenses, and maintenance activities

11) Legal and Insurance Matters:

Assisting property owners with insurance claims, if necessary

Ensuring that properties are adequately insured

12) Technology and Software Solutions:

Utilizing property management software for efficient communication and record-keeping

Providing property owners with online portals for accessing property-related information

Keep in mind that the specific services offered may vary based on the property management company's specialization and the terms of the agreement between the property owner and the management company. It's important to thoroughly review and understand the property management contract before signing to ensure that the services provided align with your needs as a property owner.