residential property management

Tenant Placement

• Service: Comprehensive tenant acquisition process.
  • Market the property with professional photos, listings, and advertising.
  • Screen applicants (credit checks, rental history, income verification).
  • Coordinate showings and lease signing.
• Fee: 50% of one month’s rent, charged upon successful tenant placement.

Rent Collection

• Service: Streamlined rent management.
  • Collect monthly rent payments from tenants.
  • Handle late payments and enforce lease terms as needed.
  • Provide landlords with regular payment reports.
• Fee: Included in the 6% monthly management fee.

Property Maintenance

• Service: Ongoing upkeep and repairs.
  • Respond to tenant maintenance requests promptly.
  • Coordinate with trusted vendors for repairs or inspections.
  • Ensure property meets safety and habitability standards.
• Fee: Included in the 6% monthly management fee (vendor costs separate).

Lease Management

• Service: Oversight of lease agreements.
  • Draft and enforce lease terms.
  • Handle renewals, terminations, or evictions if necessary.
  • Ensure compliance with local laws (e.g., Texas Property Code).
• Fee: Included in the 6% monthly management fee.

Financial Reporting

• Service: Transparent financial oversight.
  • Provide monthly statements of income and expenses.
  • Assist with annual tax documentation.
• Fee: Included in the 6% monthly management fee.

Tenant Placement

• Service: Securing reliable commercial tenants.
  • Market the property through targeted channels (online listings, broker networks).
  • Screen businesses for financial stability, creditworthiness, and lease compatibility.
  • Negotiate lease terms and facilitate signing.
• Fee: 4-6% of the total lease value, charged upon successful tenant placement.

Rent Collection

• Service: Efficient rent administration.
  • Collect monthly rent from commercial tenants.
  • Manage escalations, late fees, and lease compliance.
  • Provide detailed rent reports to property owners.
• Fee: 4-6% of monthly collected rent as a management fee.

Property Maintenance

• Service: Upkeep of commercial spaces.
  • Coordinate repairs, HVAC maintenance, and common area upkeep.
  • Respond to tenant requests and ensure property functionality.
  • Oversee compliance with safety and zoning regulations.
• Fee: Included in the 4-6% monthly management fee (major repairs billed separately).

Lease Management

• Service: Administration of commercial leases.
  • Monitor lease terms, renewals, and expirations.
  • Handle tenant negotiations, extensions, or terminations.
  • Ensure adherence to local commercial real estate laws.
• Fee: Included in the 4-6% monthly management fee.

Financial Oversight

• Service: Comprehensive financial management.
  • Provide monthly income/expense statements.
  • Manage operating expense reconciliations (e.g., CAM fees).
  • Assist with budgeting and annual tax reporting.
• Fee: Included in the 4-6% monthly management fee.

Notes on Fees

• Leasing Fee (4-6% of total lease value): Reflects industry norms for commercial properties, where leases are often multi-year and higher-value.
• Management Fee (4-6% of monthly rent): Covers ongoing services, scalable to property size and complexity.