Detailed tenant screening and background checks: We conduct thorough tenant screening and background checks to ensure that only the most reliable and trustworthy individuals are selected to rent your property. This process includes verifying employment, checking credit reports, contacting previous landlords, and reviewing rental histories.
Routine home inspections at 3 months and every 6 months thereafter: Routine home inspections are conducted three months after move-in and every six months thereafter to ensure that the property is well-maintained and that tenants are adhering to the lease terms. These inspections help identify any maintenance issues early, preventing costly repairs down the line.
Hiring and supervising contractors and vendors: We take the hassle out of property maintenance by hiring and supervising contractors and vendors on your behalf. We oversee all repair and maintenance work, ensuring it is completed to the highest standards and in a timely manner.
Setting up proper tax license for your investment property: Setting up the proper tax license for your investment property is a critical step in complying with local regulations and ensuring smooth financial management. We handle all the necessary paperwork and filings to obtain the appropriate tax licenses for your rental property. This includes understanding and adhering to local, state, and federal tax laws to avoid any legal complications.
Answer inbound calls and emails regarding availability: We manage all inbound calls and emails regarding the availability of your property, providing prompt and professional responses to potential tenants. Our team is skilled in answering questions, scheduling showings, and providing detailed information about the property and lease terms.
Paying expenses associated with property: Managing the financial aspects of your rental property includes paying all associated expenses, such as utilities, maintenance costs, insurance premiums, and property taxes. We ensure that these payments are made on time and accurately recorded in your financial reports.
Preparing and delivering monthly and annual financial reports: We prepare and deliver detailed monthly and annual financial reports, providing a clear and comprehensive overview of your property's financial performance. These reports include income and expense statements, rent roll summaries, and maintenance cost breakdowns.
Filing monthly city TPT tax reports on your behalf: We take the responsibility of filing monthly city Transaction Privilege Tax (TPT) reports on your behalf, ensuring compliance with local tax regulations. Our team handles all the necessary calculations and submissions, reducing your administrative burden and minimizing the risk of errors or penalties.
Serving notices for lease violations: When lease violations occur, we serve the appropriate notices to tenants, addressing issues promptly and professionally. This includes handling situations such as late rent payments, unauthorized pets, or property damage. Our approach is to resolve conflicts amicably whenever possible, but we are also prepared to take stronger action if necessary.
Initiating eviction process if necessary: In unfortunate cases where eviction is necessary, we initiate and manage the entire eviction process on your behalf. This includes preparing and filing the required legal documents, serving eviction notices, and coordinating with law enforcement if needed. We strive to handle evictions efficiently and professionally to protect your investment.
Testifying as witness on your behalf in eviction court cases: If an eviction case goes to court, our team is prepared to testify as witnesses on your behalf. We provide detailed documentation and firsthand accounts of the tenant's lease violations and our management actions. By representing you in court, we ensure that your interests are effectively advocated for and that the eviction process is conducted smoothly.
Negotiate lease terms and renewals with tenants: We handle the negotiation of lease terms and renewals with tenants, ensuring agreements are fair and beneficial for both parties. Our goal is to secure favorable terms that maximize your rental income while maintaining tenant satisfaction. By expertly managing lease negotiations and renewals, we help ensure long-term occupancy and stability for your rental property.
Conduct lease signing, collection of funds, and move-in property inspections: We oversee the entire lease signing process, including the collection of necessary funds such as security deposits and first month's rent. Additionally, we conduct detailed move-in property inspections, documenting the condition of the property before the tenant takes possession.
Scheduling property showings: Scheduling property showings is a critical aspect of finding the right tenants quickly and efficiently. We coordinate and conduct showings at times that are convenient for prospective renters, providing them with a thorough tour of the property and answering any questions they may have.