| Management Fees: |
Vary depending on classification of property. |
| Collect Rents: |
Collect all rents and maintain accurate tenant records. |
| Rental Processing: |
Includes thorough application
process, credit check, rental and income/employment
verification. Homeowners can opt to be involved in
application process. |
| 3 - Day Notice: |
Notices are compiled and served to
tenants who are late with rent. There will be no
service charge to homeowners for serving 3-day notices. |
| Statements/Owner Disbursements: |
Statements are disbursed on a
monthly basis, usually between the 10th and the 15th of the
following month. Owner disbursement checks are disbursed
on a monthly basis, either issuing checks on the 10th or the
25th of the month. A deposit can be placed into your
personal account at your request. |
| Loans/Insurance Payments: |
Monthly mortgage payments are mailed
and will be made promptly and efficiently. |
| Accounts Payable: |
Payments for miscellaneous vendors
will be made monthly (i.e., utilities, landscaping, pest
control, etc.) |
| Collections/Evictions: |
Although our intention is to avoid
obtaining unlawful detainer actions against tenants at all
cost, sometimes they are inevitable. The unlawful
detainer action fees are $375.00 (subject to increase), are
paid by the owner and charged to the corresponding
tenant. Sheriff's lockout charges are $175.00. We
will represent you in court when necessary, at no extra
charge. |
| Move-Out Inspections: |
When a tenant vacates a unit, we
will conduct a thorough inspection, order any maintenance,
painting and cleaning, and assess charges against the tenant's
security deposit. Office policies are followed if
inspection is conducted with or without tenant being present |
| Pre Move-In Inspections: |
Prior to renting a unit, we will
conduct a thorough final inspection after all vacant unit work
is completed, noting condition of unit prior to tenancy. |
| Tenant Emergencies: |
Our company has established a
separate maintenance phone line, for tenant use to report
necessary repairs. The system is set up for both
emergency and non-emergency calls. We have contracted
with a vendor, Diamond Services, who will handle all emergency
calls, 24 hours a day. A service technician carries a
pager when on call (which the system will page upon designated
emergency calls), and will notify the property supervisor
prior to repair calls after normal business hours to obtain
authorization. |
| Advertising: |
Coordinate all advertising for
vacant properties (paid by owner). |
