Can you provide a list of exactly what management services are provided including dates I will receive reports, and a breakdown of management costs?
Full service property management includes:
1) Rent collection.
2) A monthly statement detailing income and expenses and your net check as well as photos of your property. Statements are usually sent out by the 12th of the month unless it falls on a weekend.
3) Monthly property drive-by inspections and walk-throughs if necessary.
4) We take all of your tenant's phone calls, document and deal with any and all issues and dispatch maintenance as necessary.
5) If and when your property becomes vacant we aggressively market it through advertising and open houses.
6) We monitor interest rates versus your current rate and automatically inform you when it makes sense to refinance.
7) We inform you when it makes sense to raise the rent on your properties.
8) We will upon your request, arrange for, coordinate, and manage: landscaping and other property and building maintenance services.
Can I contact several of your current and former client references with rental properties that are similar in size and location to mine?
Yes, call us and we will be happy to provide you with references.
Who will actually manage the day-to-day activities at my property? What are their qualifications and do they exclusively manage real estate?
It depends on the size of your property and its location. Each member of our management staff is completely qualified to execute any of the day-to-day management activities at your property. All calls from tenants come into a central call center, are documented in our property management software system, and are then assigned to individuals depending on the issue.
Do you provide 24-hour on-call maintenance services with email capability?
Yes
If maintenance is provided in-house or by an affiliated firm, do you only charge the actual cost of labor and materials without any surcharges, markups, administrative fees or other such add-ons?
Yes, for full service clients.
Do you pass along any volume purchasing discounts fully and directly to clients for appliances, carpeting, and other items without markups?
Yes
Are all employees given pre-employment screenings that include thorough background checking by an independent security consultant, plus drug and alcohol testing by a certified lab?
Yes
Do you carry Errors and Omissions coverage of at least $500,000, plus general liability coverage of at least $2,000,000?
Yes
Do you have a $1,000,000 fidelity bond for all employees?
Yes
What type of properties
do you manage?
We specialize in residential properties.
We also manage and lease commercial
property. The majority of property
that we manage is single family homes,
duplexes and apartment buildings.
What form of advertising do you do
to get a property leased?
FOR RENT SIGNS - Posted at
the property and separate signs leading
to the property.
NEWSPAPERS - Classified ads
in local newspapers that are updated
weekly.
INTERNET - We post detailed
listings and photos on the Web.
RENTAL LOCATORS - We fax a
copy of all our listings to Rental
Listing Services in Sonoma, Marin, and Lake County.
These companies specialize in assisting
tenants find rental units suited to
their needs.
How do you qualify a rental applicant?
We use software devoloped by our
company to turn information from Credit
Reports, Landlord References and Employment
into a numerical score. This assures
that we abide by all current laws
defining discrimination.
How can I be sure the tenant is taking
good care of my property?
Periodically we post notice to enter
the property for repair or maintenance
reasons and use that opportunity to
visually inspect the property. All
properties receive monthly drive-bys.
If the exterior of the property is
not being cared for as it should,
we will post notice to enter and inspect
the interior as well.
What happens if the tenant's are not
taking care of my property?
We give them an opportunity to correct
the situation and usually they will.
If a problem persists, we will make
a decision based on that specific
situation.
What do you do if the tenant doesn’t
pay their rent?
Rent is due by the 1st of each month.
We will post an eviction notice if
payment is not received by the 4th
of the month. We will proceed with
eviction proceedings if the tenant
does not respond.
How will I be informed about the condition
of my property?
We will notify you of any changes
with your property with a phone call
or a letter. Non-emergency service
will be included on your monthly statement,
and of course, we encourage you to
call, or e-mail us anytime you have
a question or wish to discuss something.
How do you handle maintenance requests?
Tenants can call their requests in
by telephone, email, online repair
form or mail them. When we receive
a written request, we contact the
tenant to schedule an appointment
and to receive additional information
about the repair. We also have an
emergency repair hotline, which will
call a repairman who will respond
immediately.
What are your required cash reserves
per unit?
Normally, we ask for $250.00 cash
reserves to cover regular maintenance
repairs, but the dollar amount may
vary depending on your circumstances.
When do you mail the Owner's checks?
We mail Owner's checks on the 12th
of each month with detailed monthly
statement.
Do you offer direct deposit into
my checking account?
We can arrange to send your check
directly to your bank for deposit
and mail you the monthly statement
to you.
Can you pay the bills on my property?
We can pay bills such as utilities,
mortgage and property taxes.
What can I expect with my monthly
statement each month?
The statement includes all income
and expenses for the accounting period,
a copy of receipts or invoices for
repairs and a year to date summary.
What are your fees?
We have several options available,
tailored to suit you the owner. Please
call for specific quotes.
707-318-4599
Are there administrative fees or other
service charges?
We charge you a minimal one time
set up fee.
How long is your management agreement?
Our management agreement we have
with owners are for a 12 month minimum term.
Do you work with Section 8 Tenants?
Yes we do and its a great option.
707-318-4599
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