Cost-Benefit Analysis
Professional Rental Home Management
Cost of Services:
• $150 per month tax deductible management fee
Benefits - Services Included:
• Assisting owners in establishing rents and security deposit requirements;
• Advertising for tenants;
• Assisting owners in establishing minimum acceptable FICO scores and income to rent ratios;
• Performing background checks on applicants including the verification of income, identity, credit and eviction history, employment, and checking with two previous landlords;
• Establishing and maintaining move-in/move-out documentation;
• Collecting rents timely and making distributions to the owners timely;
• Paying all operating expenses timely in order to avoid late fees;
• Maintaining the property in a good, habitable condition;
• Responding to tenant maintenance requests timely and courteously;
• Enforcing the terms of leases as required;
• Assisting the owner's attorney if an eviction is ever required including testifying in court;
• Assisting the owner in the selection of qualified vendors and contractors;
• Monitoring and constantly evaluating the performance and billings of all vendors and contractors in order to assure the lowest prices consistent with quality work, performed timely;
• Following all fair housing and other laws and requirements;
• Obtaining bids and negotiating contracts;
• Making periodic inspections as agreed to in the management agreement;
• Providing monthly financial reports that are comprehensive, timely and accurate;
• Providing an emergency service contact so tenants can reach us 24/7/365;
• Recruiting, training, motivating, and supervising on-site managers and other staff in fair housing and other laws and requirements;
• Performing preventive maintenance so as to minimize long term operating expenses while maximizing the value of your investment property;
• Keeping our clients informed of ever-changing, significant laws that effect property operations and values;
• Providing our clients with the comfort and confidence of knowing their valuable assets are in good, responsible hands; and
Pacific-Realtors.net
818-991-5200