Evaluation of the property to determine an accurate rental rate  

  • Perform detailed documentation of the interior and exterior including photos.

  • Offer recommendations on repairs and cosmetic improvements that maximize monthly rent while providing good ROI.

  • Gather data on rental rates in the area and determine the optimal rental rate.

  • Discuss with owners the pros and cons of different policies such as accepting pets, allowing smoking etc.

Market the property for rent

  • Prepare home for rent.

  • Clean home and optimize interior appeal

  • Manicure landscaping to increase curb appeal

  • Create ads tailored to the property and advertising medium. We advertise on Zillow, Trulia, Hotpads, Realtor.com, Homes.com and many more.

  • Meet prospective tenants for showings throughout the week and weekend.

Tenant Screening and Selection

  • Thorough and in-depth tenant screening which includes credit, criminal and background checks. We verify identity, income, credit history, rental history, etc.

Tenant Move In

  • Review lease guidelines with tenant regarding things like rental payment terms and required property maintenance.

  • Ensure all agreements have been properly executed.

  • Perform detailed move in inspection with tenant and have tenants sign a report verifying the condition of the property prior to move-in.

Rent collection

  • Strict collection and oversight of rent and late fees.

  • Serving pay or quit notices.

Evictions

  • Filing relevant paperwork to initiate and complete an unlawful detainer action.

  • Representing owner in court.

  • Coordinating with law enforcement to remove tenant and tenant’s possessions from unit.

Inspections

  • Perform periodic inspections (Inside and outside) on a predefined schedule looking for repair needs, safety hazards, code violations, lease violations, etc.

Financial

  • Make payments on behalf of owner (Mortgage, insurance, HOA dues, etc.).

  • Detailed documentation of expenses via invoices and receipts.

  • Maintain all historical records (paid invoices, leases, inspection reports, warranties, etc.).

  • Provide annual reporting, structured for tax purposes as well as required tax documents including a 1099 form.

  • Provide easy to read monthly cash-flow statements which offer a detailed breakdown of income and itemized expenses.

Maintenance, Repairs, and Remodeling

  • Establish a preventative maintenance policy to identify and deal with repair needs.

  • Assign jobs to different parties (handyman and professional contractors) depending on maintenance needs and repairs.

  • Maintain landscaping services to units requiring it.

  • 24hour Maintenance and Emergency services.

  • Larger renovation or rehab projects.

    • Provide recommendations on how the project can maximize rental income.

    • Prepare preliminary cost estimates

    • Get multiple independent bids for the work

    • Act as general contractor overseeing the work

Tenant Move Out

  • Inspect unit and fill out a report on the property's condition when the client moves out.

  • Provide tenant with a copy as well as estimated damages, repair invoices, and security deposit statement

  • Clean unit and perform any needed repairs or upgrades.

  • Re-key the locks.

  • Re-market property for rent.