From rent collection, tenant relations, evictions, and mortgage and bill payments to disaster protection and property maintenance, we take care of the headaches so you can collect the profits. We will gladly submit a free quote for the management of your real estate property. You will find a list of our clients for your reference below. Our Mission: Maximize Client income by applying exceptional Real Estate Property Management skills and ensure Tenant satisfaction with first-rate property maintenance.
Then sit back and enjoy your well-deserved profits. Company] website will provide your vacant property with continuous, quality exposure. By using innovative marketing and advertising techniques, we will fill available spaces with qualified tenants fast.
We have a thorough tenant qualification and selection process. Our streamlined operations system eliminates unnecessary costs. We have a stringent process for all suppliers and service providers in place. We have an automated Collections and Disbursement system that takes care of the revenue flow of the property; all entries are also checked by our auditor monthly. We have also engaged the services of an external auditor who inspects our books quarterly. Everything is documented in user-friendly forms, and documents are available for inspection by property owners and their representatives.
We employ maintenance professionals to care for all properties under our management. Our dedicated staff are knowledgeable on all aspects of real estate property maintenance and supervision. List of property type: In this sheet, the serial number has appeared automatically. You just have to enter the property type. However, the property type maybe penthouse, land, flat, banquet hall, industrial shade, etc.
You may also see the rent payment tracker spreadsheet. The performance report contains all the property information such as ROI Return on Investment , purchase price, and rent details of an individual property. This sheet consists of two parts. The first part includes the information of the individual tenant. On the other hand, the second part contains detailed information about all the tenants.
Those tenants who have been currently living in the respective properties. A move-in inspection is done as soon as a resident moves in. They should report any damage they see to you, and you should do your own walk-through to document the state of the property. Here is an example of a move-in inspection checklist from Zumper.
Walk through with your move-in inspection report or an inspections app to compare the condition of the property now with its state when the resident moved in. If your resident is signed up to your resident portal , they can make a request by logging in or using the app.
Once a request is made and a ticket is created, you and your staff should track the work order to its completion. A repair log will include who is making the repair and when, an itemized list of materials and their cost, number of hours spent on the repair, and when the repair was completed. You can use a template like this one to track the work, or you can track it through a property management software solution.
General maintenance, cleaning, and sanitation tasks should be tracked, as well, to help you keep tabs on time, resources, and cost. Creating a maintenance schedule for each property you manage will ensure nothing falls through the cracks. A maintenance services schedule might include landscaping, HVAC filter replacement, furnace cleaning, exterior painting, or any number of other regular tasks.
Some may be done monthly, quarterly, yearly, or even every few years. So, setting up long-term schedules is just as important as monthly or quarterly ones. For each maintenance task, there should be a log, very similar to your repair logs. In fact, they will include much of the same information:. You can create your own, use the template we linked to for repairs, or you can track maintenance using a software solution.
Cleaning tasks may be a part of your regular maintenance schedule. But there also may be situations where you or one of your tenants need to make a special request. It could be that a common area needs cleaning outside of its regularly scheduled time because of heavy traffic, or a storm has swept up dirt on outside exercise or playground equipment. Likewise, a cleaning log will look very similar to a repair or maintenance log.
Pro Tip: You may want to include a place to upload pictures of the finished job so that you can make a quick inspection of the work done. Residents will still appreciate proper sanitation of common areas, such as laundry rooms, gyms, and meeting areas. Log the work of your sanitation crew just like you log the work of your repair, maintenance, and cleaning crew.
You can customize your repair or maintenance log, or track it through your property management software. Creating templates for all your leasing activities takes a lot more thought on your part. There are legal standards that have to be met, and certain types of information that you can and cannot ask for or disclose.
While landlords want to get as much rent as they can, deep down, they probably have a realistic idea of what to expect. So be reasonable with your quote. If you go too high, it will look suspect. If you quote too low, landlords may not have confidence in your ability to market the property. Leverage your agreement in listing presentations.
Your listing presentation is your moment to impress your clients and ultimately win the business. And to seal the deal, you need to get landlords to sign your property management agreement. But you need to bring it first! What makes you unique? Is it your excellent negotiation skills?
Your savvy internet marketing? Your ability to screen applicants efficiently? Whatever selling points you have, now is the time to showcase what you and your agency offer. If you do your groundwork, you should have no problem going back to the office with another signed property management agreement. Frequently Asked Questions. What is the standard term for a property management agreement? Property management contracts usually last as long as the property is being rented.
Standard leases range anywhere between months for residential properties. How does a party terminate a property management contract? A party breaches the conditions of the agreement. When a property is not rented within a defined period from the agreement was signed.
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