WMS Property Management Service
Interested kindly SMS or EMAIL:
有意购买者请电话或短信：
019 – 2329641
hsching@wms2u.com
WMS Property Management Service
Evaluate the property and determine an accurate rental rate
Evaluate the property and determine an accurate rental rate
·
Perform detailed
documentation of the interior and exterior including photos
·
Offer recommendations
on repairs and cosmetic improvements that maximize monthly rent while providing
good ROI.
·
Gather data on rental
rates in the area and work with owners to determine the optimal rental rate.
Rent research will vary, but should include looking at the recently rented
comparables according to size and type.
·
Discuss with owners
the pros and cons of different policies such as accepting pets, allowing
smoking etc.
Market the property
for rent
·
Prepare home for rent
o
Clean home and
optimize interior appeal & Manicure landscaping to increase curb appeal
·
Create ads tailored to
the property and advertising medium. Some of the mediums commonly used are:
o
Paid and free rental
listing websites, Print publications, Signs & Fliers
·
Work with other
realtors and leasing agents to find a tenant
·
Field calls from
prospects for questions and viewings
·
Meet prospective
tenants for showings throughout the week and weekend.
·
Provide prospective
tenants with rental applications that are legally compliant with fair housing
laws
·
Collection
applications with application fee
Tenant Screening and
Selection
·
Perform a background
check to verify identity, income, credit history, rental history, etc.
·
Grade tenant according
to pre-defined tenant criteria & Inform tenants who were turned down
Tenant Move In
·
Draw up tenancy/leasing
agreement & Confirm move in date
with tenant
·
Review tenancy/lease
guidelines with tenant regarding things like rental payment terms and required
property maintenance
·
Ensure all agreements
have been properly executed
·
Perform detailed move
in inspection with tenant and have tenants sign a report verifying the
condition of the property prior to move-in.
·
Collect first month
rent and security deposit
Rent collection
·
Receiving rent &
Enforcing late fees
·
Hunting down late
payments, Sending out pay or quit notices
Evictions
·
Filing relevant
paperwork to initiate and complete an unlawful detainer action
·
Representing owner in
court
·
Coordinating with law
enforcement to remove tenant and tenants possessions from unit
Legal
·
Advise in the event of
a legal dispute or litigation
·
Refer owner to a
qualified attorney when necessary
·
Understand and abide
by the latest local, state and federal legislation that apply to renting and
maintaining rental properties.
Inspections
·
Perform periodic
inspections (Inside and outside) on a predefined schedule looking for repair
needs, safety hazards, code violations, lease violations, etc.
·
Send owner periodic
reports on the condition of the property
Financial
·
Provide accounting
property management services
·
Make payments on
behalf of owner (Maintenance, Mortgage, insurance, assestment, etc.)
·
Detailed documentation
of expenses via invoices and receipts
·
Maintain all
historical records (paid invoices, leases, inspection reports, warranties,
etc.)
·
Provide annual reporting,
structured for tax purposes
·
Advise owner on
relevant tax deductions related to their rental property
·
Provide easy to read
monthly cash-flow statements which offer a detailed breakdown of income and
itemized expenses
Maintenance, Repairs,
and Remodeling
·
Provide and oversee an
in-house maintenance crew
·
Establish a
preventative maintenance policy to identify and deal with repair needs
·
Provide an network of
contractors who have been vetted for good pricing and good work that is up to
code.
·
Assign jobs to
different parties (in-house employees, handyman and contractors) based on who
will do the best job for the best price.
·
Maintain outdoor areas
o Landscaping, Removing trash and debris
·
Larger renovation or
rehab projects
o Provide recommendations on how the project can
maximize rental income.
o Prepare preliminary cost estimates & Get
multiple independent bids for the work
o Act as general contractor overseeing the work
Tenant Move Out
·
Inspect unit and fill
out a report on the property's condition when the client moves out
·
Provide tenant with a
copy as well as estimated damages
·
Return the balance of
the security deposit to the tenant
·
Forward any portion of
the owner’s portion of the tenant deposit to the owner or hold in owner
reserves for repairs.
·
Clean unit and perform
and needed repairs or upgrades
· Re-key the locks & Put the property back on the market for
rentVideos About Property Management
What Is Property Management? Why Landlords Need Rental Property Management Services
A Typical Day in the Life of a Property Manager
Interested kindly Whatapp, SMS or EMAIL:
有意购买者请电话或短信：
Hp 6 019 – 2329641
Tenant Problems & Eviction Videos
Nightmare Tenants Evicted For Refusing To Pay
Published on Mar 1, 2014
They're
the tenants who want to stay but refuse to cough up. Now, it's eviction
day for the nightmare tenants who owe a year's worth of rent.
Tenants From Hell Destroy Home
Published on Mar 1, 2014
They're
the tenants who want to stay but refuse to cough up. Now, it's eviction
day for the nightmare tenants who owe a year's worth of rent.
Tenants From Hell Destroy Home