Pricing

Intake Fee	$300
Tenant Procurement Fee	Equal to the first months rent
Monthly Management Fee	7% per month Minimum of $150/mo
Lease Renewal Fee	$500
Invoice Processing Fee	$35/invoice
Yearly Tax Prep Fee	$85

TruHaven Homes Portfolio Fun Stats

• 80% of our landords live out of state or out of country
• 90% of our landords lived in their rental property at some point
• 45% of our tenants are transferred in for work and own a home somewhere else and renting it out
• 50% of our tenants are renting because they sold a home and have not found something to buy
• 80% of our tenants renew for at least one additional year
• 98% of our tenants pay on time each month
• Since 2005 we have had to evict only 5 tenants that we placed
• Since 2005 we have never lost a court case
• Since 2005 we have only had 2 tenants we placed, do more damage than we collected funds for
• 83% of our tenants have at least one pet. Ask us about our pet guarantee program!
• We manage on average 180 properties at any given time with a 97% occupancy rate

PROTECTIONS:

• 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
• Prompt rent processing
• Prompt landlord distributions
• Vendor management and preferred client pricing/scheduling
• Prompt landlord communication regarding maintenance requests/preventative maintenance
• State of the art prospective tenant screening
• Legal representation from an attorney specializing in Tenant/Landlord law if needed
• HOA/COA communications as required

REPORTING/RECORD KEEPING

• Thorough move-in/move-out reporting with photos
• Yearly site visit report with photos
• Monthly owner statements and yearly ledger statements for tax time
• 24/7 access to your Owner Portal containing all documents, invoices, reporting statements, etc.

Explanation of Terms & Fees

Intake Fee - $300

This fee pays for the Initial Full Photo Intake Report.

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.

Tenant Placement Fee - 1 Month's Rent

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. TruHaven Homes will:

• Market your home with professional photos on MLS, Zillow, Trulia, Zumper and over 20 other secondary marketing sites. We personally answer all incoming leads.
• Personally show our homes to tenant prospects.
• Screen prospects by checking credit and criminal (nationwide) reports, income verification and residential history. We screen all applicants in-house. We do not outsource our screening process. We proudly uphold all Federal, State and Fair Housing Laws/Regulations.
• Lease your home on 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 the home is move-in ready, and more.
• Process and hold security deposits in accordance with state law.

Management Fee - 7% per month with a minimum of $150/mo

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 - $500

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 is in your best interest. Long term tenancy is the key to being a successful landlord. It is also very important that your rents are reassessed and renegotiated yearly. It is also very important that the documents used are enforceable which is why we do not do renewal addendums. Each year we execute a full new Lease, referencing the prior Lease(s) and the original Move In Condition Report.

Invoice Processing Fee - $35

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 - $85

The Tax Preparation Fee is a yearly expense paid to TruHaven Homes. 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
• Estate liquidation (sell your personal items, have debris removed, pack and ship personal items)
• Short term rentals

What’s Included?