Rent Collection
Rent is due on the 1st of each month, considered late if received after the 5TH (in most cases). 5-Day Notice will be sent by the 10th of the month via Certified mail and regular mail.
Invoice Payments
Payments for Utilities, HOA, Taxes and any other pertinent property requirements can be done at owners request. Payments will be deducted from owners account balance automatically on a monthly basis. (If the property has a consistently negative cash-flow each month, additional minimum balance amount in the account is required).
Financial Services
All transactions affecting account balances are recorded and explained in detail. You will be able to see day-to-day transactions on our highly customized website. Monthly statements will be e-mailed monthly and added to Owner’s Portal history tab Copies of all work orders and receipts are kept digitally, available upon request. Annual account summaries will be provided to facilitate tax preparation
Management Fees
Our monthly management fee is payable when the rent and fees payment is received. Payments are automatically deducted from your account at the time the rent payment is posted. All fees are set at the time of the contract.
Leasing
We will seek quality residents for each property. We will screen each resident through credit and background checks. We will be aggressive in marketing each property to assure we obtain quality tenants in a short time Applicants are required to complete an online rental application and to provide pertinent documents. After application approval, appointments are made to complete and sign lease agreement. A copy of the lease agreement will emailed to you upon execution. Walkthroughs are completed prior to move in and after move out for comparison purposes. Video and Photographs are taken of the condition of the property to record condition.
Security Deposits
Security deposits are collected upon signing of the lease agreement. The deposit is equivalent to one full month’s rent unless otherwise specified. Pet deposits are generally non-refundable to help with additional turnover costs. All deposits are maintained in a trust account unless Owner wishes to maintain them on their own. Deposits are itemized within 30 days of the tenant moving out and disbursed accordingly.
Repairs and Maintenance Services
Residents will have several ways to request a service. All requests are handled through our state of the art computer system. Owners and residents will be able to track requests through the website. Most repair and maintenance services are performed by 3rd party vendors. We maintained a complete list of vendors who provide quality service at a low cost. Written estimates are obtained for vendors for comparison purposes. Owners approve all estimates above agreed minimum prior to work being done.
Full Service Vacation Rental Management
We offer 24/7 guest support for all current, potential, and returning guests. There is no need to worry about a late-night phone call from a guest. On-site Management to ensure your home is always safe, stocked, and kept clean for the next guest. We will Market your home to maximize nightly rates and minimize vacancy. Our system Price Lion will help identify your recommended rates based on seasonality, local events, last-minute bookings, etc. Schedule a consultation today to see if your property is good for Traditional or short-term rentals.