Management Fees & Billing
Our management fee rate starts at 8%. We determine the percentage based on the condition and number of properties we will manage for you. There is a minimum $75 charge per month condominiums and single family homes. Your first payment is due once a resident signs their lease and pays their first month’s rent and security deposit. Monthly fees are automatically withdrawn from your account after rent is collected.
Commercial and Association: Pricing differs depending on the scope of work and size of property. Please get in touch with us for more information.
Our management fee is all inclusive and covers all of our maintenance services. We collect rent, provide tenant/owner online portals, year end 1099 services, full book keeping, 24/7 maintenance services, and much more.
Our company does not charge any set up fees for residential properties.
Leasing Fee: 75% of the 1st Month’s Rent for Customer's that also would like Management. One Month's rent for Customer's who just want help with Leasing and no management; $750 minimum for Single Family Homes and Condos. For Leasing-only clients, this cost is split into two payments, half up front and the remainder once a tenant is found. This cost covers professional photos and 3D Matterport, as well as website listings, social media listings, credit/eviction/criminal check, full application processing, a welcome gift and more. We find great tenants with our extensive interview and screening process.
Lease Renewal Fee: $195 to renew a lease to the same tenant.
Renting a home subsequent times results in a $100 discount from the leasing fee if we can use the same photos and tour.
Move-In, 6 month and Move-Out Inspections are also at no additional cost if we are managing and leasing the property.
We do not cover the cost of evictions. If an eviction is necessary within the first 6 months of the lease and we recommended the applicant while leasing the property we will lease the property again at no cost.
Commercial and Association:
Fees differs depending on the scope of work and size of property. We agree on these fees on a case by case basis.
Renewals are only $195 and we will negotiote on your behalf and draft all of the proper documents.
Residential: We pay our owners electronically by the 10th to the 12th of each month (after rent funds have cleared the bank), but your banking institution may hold the funds for a day or two. Statements are emailed to you monthly and are also viewable in your owner portal. There are no additional fees for this service of any kind.
Yes, however if it is a tenant that is not paying rent or needs evicted there will be additional charges per the contract.
We typically encourage the owner to hold onto the deposit, but you will be asked to send this payment within 30 days after the end of the lease with an itemized statement.
One months rent, but if the rental amount is over $3000 it may be wise to reduce the deposit amount for a highly qualified tenant.
75% of the 1st Month’s Rent for Customer's that also would like Management. One Month's rent for Customer's who just want help with Leasing and no management; $750 minimum for Single Family Homes and Condos. For Leasing-only clients, this cost is split into two payments, half up front and the remainder once a tenant is found. This cost covers professional photos and 3D Matterport, as well as website listings, social media listings, credit/eviction/criminal check, full application processing, a welcome gift and more. We find great tenants with our extensive interview and screening process.
If you (as the owner) are allergic to pets and plan to move back in, then we would suggest that you not allow pets. That said, statistically, roughly 66% of Americans have pets so to market a home as a "no pets" property, means we're eliminating over half the pool of qualified renters for your property. Not only this, people with pets are less likely to move if pets are allowed. Should you decide to market your property as "pet friendly", we will always look at factors such as the breed of the animal, the animal’s age, and the prospect’s history in renting with a pet. We also collect significantly higher security deposits when a pet is approved, thereby giving you added assurance that, should there be any damage to the property, the tenant has enough at stake to make it right when they vacate.
Our Official Pet Policy is as follows:
- An additional $300 - $600, per pet, added to the Security Deposit. We also charge additional pet rent of $25 for small animals (under 40 lbs) and $50 for large animals (41+ lbs), monthly.
- 2 pet limit per household
- Rental applicants with household pets or service/companion/assistive animals are required to submit a per pet application through a third-party pet screening vendor as part of our rental application
Our software enables us to post to hundreds of listing sites with the click of a button including popular sites, Apartments.com, Hotpads.com, Rentals.com, Zillow and Trulia. This allows us to speed up the leasing process and fill your vacancies faster.
Once a prospective tenant has decided they want a specific unit, they must formally submit an application. There is a non-refundable $50 application fee per adult. Please note that any person who will be living in the unit and is over the age of 18 will need to fill out an application. All applicants may receive a copy of their background check upon request. The resident screening process begins with pre-screening questions followed by a credit check, income verification, employment verification, criminal background check, eviction check and a landlord reference check.