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

PROTECTIONS:

REPORTING/RECORD KEEPING

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:

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.

What’s Included? 

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
  • Rent processing
  • Vendor management and preferred client pricing
  • State of the art prospective tenant screening

REPORTING/RECORD KEEPING

  • 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.