SERVICES
COLLECTION OF RENT:
M/O is responsible for setting the initial rent level, collecting rent from tenants and adjusting the rent. We work with the software system, Appfolio, to make these procedures simple and efficient.
Setting Rent: We know how to set the appropriate rent level to attract tenants to your property. We have a complete understanding of the market and have looked at all comparable properties. This is integral to the market value.
Collecting Rent: We will play the role of the enforcer. The best way to ensure optimal cash flow is by setting a date to collect rent each month and strictly enforcing the conditions and the terms of the lease agreements.
Adjusting Rent: We will increase the rent to its maximum possible based on the lease agreement to maximize cash flow to the owner.
TENANT RELATIONS:
One of the main responsibilities of M/O is to manage tenants. Our team has a thorough knowledge of statewide and national laws regarding the proper ways to:
Finding Tenants
Screening Tenants
Handling Leases
Handling Complaints/Emergencies
Handling Move Out
Evictions
Complying with Property Safety Standards
MAINTENANCE & REPAIRS:
M/O is responsible for the physical management of the property, including regular maintenance and emergency repairs.
Weekly inspections are performed as a preventative measure in order to mitigate problems before they arise. Request service reports are available to landlords.
We offer 24/7 support to assist with needed maintenance and repairs. We have built long term relationships with a network of vendors in order to ensure the best price possible to maximize revenue.
ACCOUNTING:
M/O is responsible for managing the budget for the property and maintaining all pertinent records.
Maintaining Records: We will keep thorough records regarding the property. This should include all income and expenses, a list of all inspections, signed leases, maintenance requests, any complaints, records of repairs and costs, maintenance costs, record of rent collection and insurance costs.
Paying all Expenses: We will pay all appropriate expenses for the building on a monthly basis. We have a complete system to pay all expenses after a through confirmation that they are due and payable
Monthly Distribution: We analyze and determine a monthly distribution amount to all owners based on a complete budget for the year it is developed. We will determine a reserve amount needed to maintain a constant cash flow even when unexpected expenses occur.
The Bottom Line: We do all the necessary work so that a property owner can achieve a hands-off stress-free enjoyment of their real estate investment.