Market Property for Rent

  • Prepare home for rent

  • Prioritize repairs and cosmetic improvements that maximize rental income / provides good ROI

  • Advertise the property using various mediums

  • Meet prospective tenants for showings

  • Gather data on rental rates in the area to determine proper rental rate

Maintenance, Repairs, Remodeling

  • Establish a preventative maintenance policy to identify and deal with repair needs

  • Manage large renovation or rehab projects

  • Act as general contractor overseeing the work

  • Provide recommendations on how the project can maximize rental income

  • Maintain network of licensed, fully insured contractors who provide good pricing and workmanship

 

Tenant Screening and Selection

  • Manage rental applications from prospective tenants

  • Background checks to verify identify, income, credit history, rental history, etc.

  • Ranking of tenants according to pre-defined criteria

Tenant Move In / Move Out

  • Draw up Leasing Agreement

  • Coordinate move in with tenants

  • Inspect unit upon tenant move out

  • Return security deposit to tenants minus any damages

  • Prepare property to place back on market for rent

 

Financial

  • Track all expenses via invoices and receipts 

  • Issue payments to vendors and contractors - mortgage, insurance, HOA dues, etc.

  • Advise on relevant tax deductions related to rental property - improvement vs repairs, depreciation of assets, etc.

  • Provide easy to read cash-flow statements offering detailed breakdown of income and expenses