|Tenant Procurement Fee||Equal to one full month’s rent|
|Monthly Management Fee||$129|
|Lease Renewal Fee||$400|
|Invoice Processing Fee||$25|
|Yearly Tax Prep Fee||$40|
Explanation of Terms & Fees
Intake Fee - $300
This fee pays for the intake report and professional photos of the home.
We believe that the intake process is key to the success of your home’s management. This full photo report notes the systems information, appliance information and condition of your home when we began managing it.
Once your home is ready, we send a professional photographer to take pictures. It is very important that we have quality photos of the home vacant. This helps us market your home and attract qualified tenants now and in the years to come.
Tenant Procurement Fee - Equal to 1 full months rent
We have two payment options for your Tenant Procurement Fee.
- Paid out of your tenant’s first months rent
- Paid out in monthly increments over 6 months, in addition to your monthly management fee
This fee pays for marketing, showing, screening, and placing a qualified tenant in your home. This is a key time for you and your home. We;
- Market your home with professional photos, virtual tours and personally answer all incoming leads.
- Send you weekly reports with the activity from the week, feedback, application status and any suggestions.
- Personally show our homes to tenant prospects.
- Screen them by checking credit and criminal (nationwide) reports, income verification and residential history. We do not outsource our screening process. We do it in house, personally. We proudly uphold all Federal, State and Fair Housing Laws and Regulations.
- Lease your home on our professional Leases that have your protections in mind.
- Oversee and manage the move-in process including a full photo Move-In Condition Report, getting your new tenant(s) set up on their Tenant Portal for ACH payments, ensure home is move-in ready and more.
- Process and hold security deposits in accordance with state law.
Management Fee -WINTER SPECIAL PRICING - $129/mo FLAT - This is the fee we charge for rent collections, processing, general maintenance request processing, tenant and owner reports/correspondence, homeowner association communications, managing Owner and Tenant Portals and owner disbursements.
Remember, you are the landlord, but the tenants only have our contact information. This way, everything comes through us and you live your life worry-free.
Lease Renewal Fee - $400
This is a fee charged to owners to renew/extend and/or renegotiate the current lease for an additional year.
We boast an 80% renewal rate and our goal is to keep long term tenants whenever it in your best interest.
Invoice Processing Fee - $25
We’ve found that salaried vendors do not perform to our expectations, as we lose our leverage when we bring them in-house. That’s why we don’t have a maintenance company or in-house handymen. Instead, we work with trusted partners to provide the services you need to maintain your property.
We don’t charge a mark-up on maintenance done to your home - we believe that’s a conflict of interest.
Annual Tax Preparation Fee - $40
The Tax Preparation Fee is a yearly expense paid to the Manager. It assists with the expenses involved with end of year reporting and software expenses. This fee is collected annually on 1st of January.
Special Circumstances Sometimes you need something a little different. We offer the following services as well to help! Just tell us what you need and we will send you pricing on a case through case basis.
- Take over management of an existing Lease
- Manage your vacant home
- Manage your personal home
- Specialized Leases
- Our expertise helps you keep your equity and keeps you out of court
- Documented tenant communication and maintenance processes
- 24/7 emergency maintenance response services
- Lease enforcement
- 100% Fair Housing compliance
- Rent processing
- Vendor management and preferred client pricing
- State of the art prospective tenant screening
- Thorough move-in/move-out reporting with photos
- Yearly site visit report with photos
- Drive by visit reporting quarterly for single family homes (exterior only)
- Monthly owner statements and yearly ledger statements for tax time
- 24/7 access to your Owner Portal that contains all documents, invoices, reporting statements, etc.