This is what we do. We sleep, breath and talk property management. Our broker Jim Eagan wrote a book on property management (A Fistful of Properties) and is often hired by other companies to consult in their operations. Here are your 4 choices for tenant placement.
- Rent To Own (Aka Lease/Option) – We get 50% of the option fee. There is no initial start up cost and our management fee is only 5% since these tenants are responsible for the first $500 in repairs. This is the most popular with investors as they make more money and get better tenants. We have over 4,300 tenants on our weekly subscription waiting for a property. More…
- Full Service – We charge $100 to set up your property and 8% per month to manage it. We recommend that you pay out a commission to the first agent who finds a qualified tenant for your property. That “Bounty” to other agents ranges from $200-$500 depending on the size of the property. This is the most common and well known for property management. More…
- Tenant Placement – We charge a flat $700 to find a qualified tenant and write up a lease. $300 is the “bounty” to any agent who finds your tenant. There is no initial start up cost. Once we find your tenant, you are responsible for maintenance and rent collection. This is most popular with our locals who are handy and don’t mind rolling up their sleeves.
- Airbnb – We charge $500 to start up and 8% of the gross income AFTER Airbnb’s fees. This includes marketing, scheduling, walkthroughs and managing repairs or cleaning. Cleaning ranges depending on guests. More…
More stuff you should know….
Non Exclusive – No long term contracts. You can leave at any time. If you find a tenant before we do, no problem. We don’t get compensated until we find your tenant.
Rave Reviews – We are constantly improving our systems and offering better services. Our Yelp reviews say it all but that’s just the tip of the iceberg.
Fast Customer Service – Multiple phone numbers for emergencies 24×7. We have hundreds of vendors in our data base for quick response. Our vendors are coordinated via the web for accurate information. This page covers our maintenance processes in detail.
Since 1997 – Our broker has been managing residential, multi family and commercial properties. He has had a general contractor license, wrote a book on property management and has taken properties from being boarded up to 100% occupancy.
Quick Tenant Placement – Our hungry agents are commission only. Unlike our salaried competitors, we don’t eat unless we find you a tenant. Our free online applications are tied into the MLS, Craigslist, Realtor.com and numerous other websites. Your property will have video, photos and a super easy $20 application for tenants to fill out online. We keep those application fees low so we can get as many prospects as possible.
Tenants Pay Or Leave – “Elegant Departures” are the most common form of evictions as “Lock Outs” are used as a last resort. Court appearances are no problem. We eat lawyers for breakfast. Unlike many of our competitors, we do our evictions in-house. This page describes our eviction processes.
Multiple Licensed Managers – We have bi-lingual leasing agents that cover Spanish, Armenian and Russian.
Transparent Accounting – Our statements show you exactly where funds go and for what reason. There are no hidden fees. You know exactly how much we paid our vendors. Our bank accounts are monitored by the Real Estate Division.
HOA Love Letters – We get love letter from an HOA nearly daily. No worries, we take care of those for you. Tenants either correct the issue or we correct the problem and bill the tenant.
Solid Reputation – Most of our business is by referral by other agents. Property management companies give us properties that are either too difficult to manage or when they have gone in over their head. Here are our Yelp Reviews.