We have made the commitment to provide a hassle-free experience for today’s Real Estate investor. Whether it’s a simple returned phone call, a knowledgeable response, or delivering your financials on time every month, we understand your needs. Let us show you how our experience can serve you.
Screening and placement of tenants
We want good tenants as much as you do! We pride ourselves in the quality of tenants we are able to attract. Our extensive tenant screening and credit investigation help assure this.
Vacancies are expensive for both of us. We make every effort to keep our vacancies to a minimum. Our aggressive marketing technique allows your property to be presented to the largest possible market in the shortest possible time.
We have found that the most effective combination to lease properties quickly to the best possible applicants is to price them realistically, and to present the property in its best possible physical condition. Therefore, the owners’ assistance in these areas becomes an important part of the leasing process.
Applicants are required to complete a rental application and to provide credit information and references. We run a total credit check and criminal background on all prospective tenants, looking for any history of delinquent payment habits, unpaid judgments, repossessions, bankruptcies or evictions. In addition we require employment information and may require current pay stubs to verify income. This has proven to be extremely effective in stopping late rental payments.
Once a tenant’s application has been approved, appointments are made to approve the actual lease agreement. We review the issue thoroughly. This gives us the chance to answer any questions and to carefully explain the tenants’ responsibilities as well as our company policies and procedure. This attention to the tenants’ needs greatly reduces misunderstandings and eliminates potential problems.
All rent is due on the first of each month and delinquent thereafter if rent is received after the 5th of the month. Late notices are sent on the 10th and proceedings are initiated if the tenant does not make immediate arrangement for rent payment. We feel that the collection of rent is one of the most important functions of managing your property.
Supervision of maintenance
Timely and competent maintenance is the key to protecting your investment. We encourage our tenants to alert us of problems so that they do not become major repair expenditures. Our goal is to provide you with this important service at a reasonable price using only qualified personnel. Routine repair and maintenance will be performed as needed and will be based on urgency and importance. We recommend that you allow us to have the Air Condition serviced annually to prevent major repairs.
Our main job is to protect your property. We make maintenance inspections on both the interior and exterior of the property and, if appropriate, document any discrepancies. It is also stated in our tenant Lease Agreement that we have the right to make routine inspections.
Every transaction affecting your account balance is recorded and explained in detail. Our computerized accounting system enables you to see exactly what has transpired with your property on a monthly basis.
In addition to monthly statements, we also provide a complete year-to-date account summary on a monthly basis. This shows you each accounting transaction posted to your property during the year, such as total rents received, total maintenance expenses, etc. This statement is specifically designed to simplify the year-end tax preparation job for you or your accountant.
Our monthly management fee is payable when the rent is received. It is automatically deducted from your account each month and is itemized on the Owners Statement you will receive.
We have the ability to make your payment using ACH and if rent is received timely make payment around the 15th of the month.
The property management of your home includes six major areas of involvement:
- Screening and placement of tenants
- Collection of rents and deposits
- Supervision of maintenance
- Payments to vendors
- Property inspections
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- Land O Lakes
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Contact UsCENTURY 21 Bill Nye Realty, Inc.
Zephyrhills, FL 33541