Rental Property Management
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We strive to
maintain our properties in good repair inside and
out to provide maximum income and minimum vacancy.
Real estate professionals, investors and displaced
homeowners throughout our market area and beyond
call on us for rental housing and property
management services. |
Tenant Qualification – our Guidelines for Approval
include 80% favorable credit (we are members of Equifax) and
proof of income equal to at least 3 times the rent amount.
Management Agreement – The Landlord authorizes the
terms and conditions of the Lease in the
Management
Agreement. TRI-CITY REALTY SERVICES signs a
Lease
Agreement with the Tenant.
Lease
Enforcement – the terms of our Leases are
non-negotiable. By adhering to Standard Operating
Procedures, we protect Landlords and ourselves from the
unknown. Our risk reduction procedures promote
fairness and non-discrimination.
Move-in
Inspections – As required by law, we conduct a detailed
inspection and note the condition of the house in
writing and with photographs. The tenant
acknowledges the condition at the time we give them
possession. We conduct a final inspection after
the tenant moves and assess the cost of damages (if any)
caused by the tenant.
Rent Collection
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Rents are due on the 1st of every month. If rent
is paid after the 1st, a late fee is assessed and legal
notice of demand for rent is sent to the tenant.
If the rent hasn’t been paid on the 15th, we can file a
dispossessory action in Magistrate Court.
Maintenance – Through good relationships with
maintenance contractors, we enjoy prompt service, good
prices, and trust. If we get a maintenance request
and determine that it is the Landlord’s responsibility,
we respond quickly. It’s important to maintain
your property as well as keep the tenant happy.
Turnover – We evaluate the property and
recommend improvements and updates that will keep the
house competitive in the market.
Market Analysis – At any time, we will review the market
value of the house and advise the Landlord regarding
selling vs. leasing. We can evaluate the costs of
selling as well as capital gains taxes that might be
triggered upon sale.
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We stay aware of changing
market conditions in order to provide sound
advice regarding pricing and competition.
Vacancy is an expense to be avoided! Our goal is
to remove the burden of real estate management,
helping the Investor maximize wealth through
real estate investment. |
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