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Real Estate Acquisition and Management



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Property Management Service


Accounting

COMPREHENSIVE ACCOUNTING

Our goal is to maximize your income and minimize your expenses. To keep track of your income and expenses we use a centralized accounting system. This all-inclusive accounting and reporting system, backed with itemized statements and tax documentation, keeps all your property management financial information organized in one place.

Real Property Management Preferred provides each property owner client a password protected online account for easy access to financial reports any time you need.



Evictions

STRICT AND COMPLIANT EVICTIONS

Even with careful placement there is occasionally a tenant who needs to be evicted. Our staff is extremely knowledgeable in state and local landlord/tenant laws. If the tenant does not pay rent on time or breaches the terms of the lease, we initiate the proper legal steps necessary, in the fastest possible time frame, to minimize your costs and get the property leased again.

Ask us about eviction protection. For property owners who opt for this plan, the local office will pay for the eviction should it become necessary.



Inspections

REGULAR INSPECTIONS

Professional inspections of your property both inside and out are beneficial to ensure tenants are complying with the terms of their lease and to assess property conditions.

Local Real Property Management offices typically conduct move-in, periodic, and move-out inspections. Documentation and photographs from these inspections assist in determining needed maintenance and repairs to maintain your home’s value and avoid costly repairs if left unattended.



RENTAL HOME MANAGEMENT

Real Property Management specializes in residential property management. Regardless of how many rental homes you own, Real Property Management’s strategy is designed to save you money at every stage of the process, so our property management service pays for itself.

Many of our clients have only one rental home. We relieve the stress and interruptions that come with property management for homeowners like you who have a single property investment, were unable to sell, relocated for a career opportunity, or inherited or acquired a property. In addition, many of those who have invested in real estate rental homes and began by self-managing their property turn to Real Property Management to save time and avoid hassles. Whatever your situation…we have handled it many times before.

With changes in home ownership behavior and more homes “For Rent” than ever before, more investors trust Real Property Management to manage their portfolio of rental properties. We understand the needs of investors, large and small, and have the knowledge and expertise to make managing your portfolio easier. We have the experience to simplify everything for you with one reliable and cost-effective management program. If your investment properties are spread across several states or large geographical areas, we work with other Real Property Management offices nationwide to support your needs.



MARKETING AND ADVERTISING

For each day your property is vacant, that’s money out of your pocket. Professional management costs are easily offset by shorter vacancy times. We spend thousands of dollars every month advertising our vacancies to get them filled – faster. Your property is advertised on high traffic rental and classified websites. A professional “For Rent” yard sign adds exposure to capture drive-by prospective tenants. Our experienced leasing agents respond promptly to inquiries and advise prospective tenants on details about the property and show your home in the best possible light. Prior to marketing and advertising your rental property, our experts also advise you in two important areas:

  1. Setting a competitive monthly rental rate based on a comprehensive analysis of property condition, upgrades, school districts, location and access to transportation, and area rental market rates.
  2. Getting your home ready to rent faster, to a high-quality tenant, by providing recommendations and guidance on how to make your property rent-ready.


EFFECTIVE AND TIMELY COMMUNICATIONS

Real Property Management makes every effort to keep you informed about your property. A secure online account provided by our team keeps you updated on property activity, including vacancies, leasing, maintenance, inspections and financial reports. Whether you live a few blocks from your rental property or hundreds of miles away, you can monitor the activity of your property from the convenience of your computer, 24 hours a day anywhere in the world.

In addition to your account, our team of highly-trained staff is here to answer your questions and work with you to get the best return on your investment.


Tenants are offered a variety of ways to pay rent and incentives for paying rent on time, so you can get your money as quickly as possible. In addition, we treat each tenant respectfully and fairly, as a positive relationship with a tenant leads to timely rent payments as well as better care for your property.



FULL-SERVICE LEASING

Your leasing agent manages the lease signing with the approved tenant, using our professionally prepared lease, and ensures that all proper contracts are executed correctly. At the same time, rents, deposits and any fees are collected in accordance with local legal and financial regulations and recorded in your online account. We also provide professional tenant education at lease signing.

Finally, the leasing agent and approved tenant conduct a walk-through to document conditions. This important walk-through assists in accurately assessing any changes in conditions when the tenant moves out.



THOROUGH TENANT SCREENING & SELECTION

Placing the wrong tenant can quickly cost you what you save by managing a property yourself. Every tenant application is evaluated based on credit, criminal background, sex offender registry (where allowed by law), employment verification and residency/rental history. Our thorough screening complies with all applicable laws, including Fair Housing and Fair Credit Reporting Act.

When we have found a qualified tenant, we schedule lease signing and a move-in condition assessment with the approved tenant.



TIMELY RENT COLLECTION

Nothing affects your cash flow more than late or missing rent payments. We collect the rent every month and deposit it into your account expeditiously. Our collection processes are professional but tough, and we are extremely diligent in collecting rent through a systematic, timely process.


Tenants are offered a variety of ways to pay rent and incentives for paying rent on time, so you can get your money as quickly as possible. In addition, we treat each tenant respectfully and fairly, as a positive relationship with a tenant leads to timely rent payments as well as better care for your property.



Maintenance


COST-EFFECTIVE, RELIABLE MAINTENANCE

Maintenance is a necessary expense in owning a rental property, and the return on your investment can be significantly impacted without timely, cost-effective repairs and upkeep. When handled by us, you’ll save time and money and ensure repairs are completed in a professional manner, by trustworthy maintenance personnel.

Each Real Property Management office has an extensive network of contractors, vendors and in-house staff to handle property maintenance and repair work. In addition, our exclusive partnerships with national and local vendors provide the professional level of service to our clients and customers that has come to be expected.