Why You Need a Professional Property Manager

The Benefits of Hiring a Professional Property Manager Saves you time, work and stress: You don't have to hire someone to clean, paint or make repairs. You don't have to advertise, take rental calls and show the property. You don't have to screen applications and be apprehensive about who you pick. You don't have to execute a rental agreement, worry about addendums, collect and deposit monies. You don't have tenants calling you at all hours of the day and night. You don't have to confront tenants on tough issues like collecting rent or taking care of the property. You don't have to deal with reversing and collecting NSF checks. You don't have to serve legal notices or eviction papers. You don't have to start the process all over again. You don't have to worry about the property or be shocked by its condition when you hire a Professional Property Manager. Management fees are tax deductible expenses.    Professional Property Managers are dedicated and motivated to selecting quality tenants (who will pay their rent) and keeping your investment in good repair with minimal costs.  They want your real estate investment to be a success not a failure, their income depends on it.   What Distinguishes a Professional Property Manager from other Landlords? Do you know all of the landlord/tenant laws for your city, state and federal government? Do you know rent values, vacancy factors and time on the market in your area? Do you have a rental application and consistent screening policies that meet all of your legal obligations? Do you have the time to routinely inspect your property? Do you personally know reputable carpenters, painters, electricians, plumbers and appliance repairmen who are affordable and reliable? Do you effectively confront and negotiate with the tenant and enforce the terms of the rental agreement while maintaining good landlord/tenant relations? Do you have the ability to screen tenants, perform background checks, verify income and if necessary recover NSF checks and evict tenants?  A Professional Property Manager Does   Why is a NARPM (National Association of Professional Managers) Property Manager better than other Property Managers?   NARPM is a professional organization that promotes education, designations and networking as a resource to empower its members with knowledge and skill. A NARPM member honors and subscribes to a Code of Ethics and Standards of Professionalism. The result is quality service for you and the community. Over 1800 Members Nationwide and Internationally. Midyear and Annual Education Events.  I am a Professional Property Manager and a member of the National Association of Residential Property Managers.  Visit the NARPM website at: www.NARPM.org for more information on the benefits of using a NARPM Property Manager.

MANAGEMENT SERVICES

Advertise property by signage, newspaper, website and vacancy list. Show property to prospective tenants. Qualify applicants on the basis of rental history, employment & income verification, rent-to-income ratio and criminal background check. Collect all move-in money and prepare and sign Rental Agreement. Collect monthly rent. Serve three days notice if required. Handle all landlord tenant relations. Pay monthly expenses. Handle all maintenance & repairs. Generate detailed monthly computerized cash flow statements. File evictions (if required). Establish and maintain cooperative and proactive relationships with governmental agencies, local law enforcement and code enforcement. Facilitate compliance with city, county and state municipal regulatory agencies and local housing authority requirements.       Fees   Ten percent (10%) of gross collections, deducted monthly.       Statements and Reports   Cash Flow, Income Statement, Balance Sheet, General Ledger, Rent Roll, Vacancy Report, Tenant Delinquency Report, Twelve Month Income Statement, Comparative Income Statement, Customized Reports   Green = included in management fee Red = available for extra charge $10.00 per report, per month       References   Available upon request at (305) 642-7080