- Tenant Search and Advertisement:
◦ Thorough screening of every
applicant
◦ Require all applicants to
complete a thorough application form
◦ Check the applicants' credit, previous tenant
rental history
along with employment verification
◦ Exposure of your property
to the largest possible rental market via
- In-house website
- Web sites such as craigslist.org,
homesdatabase.com and
realtor.com
- Washington Post
- MRIS multiple listing
◦ Personable agents
available to show your property seven days a week
- Lease Preparation, Negotiation and
Enforcement:
◦ Enforce all of
the terms of the lease
◦ Maintain comprehensive tenant and property files
◦ Prepare a lease with the
landlords rights in mind
◦ Maintain tenants' security deposit in accordance with
the law
◦ Register rental property
with the appropriate government agency
◦ Administer lease
renewals, rent increases and late notices
◦ Collection of all rents
◦ Assessment of late
payment penalties
- Maintenance of Property:
◦
Provide 24-hour emergency maintenance service
◦ Conduct regular and
detailed inspections of the property
◦ Inform owner and seek
authorization for all work above a
previously determined amount
◦ Secure qualified, insured
and competent contractors
◦ Supervise and inspect all
work upon completion
◦ Conduct a thorough
move-in and move-out inspection
of each property
- Accounting and Additional Owner Needs
◦ Payment of mortgages,
HOA, condo and other related fees
◦ Preparation of concise
monthly account statements which can
be accessed on-line
◦ Disbursement of any
proceeds to an account of your choice
◦ Preparation of a year-end
summary for tax purposes
◦ Mailing of a copy of all
invoices paid from your account
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