Here are a few items that need to be cared for when managing a property.
-Advertising
-Showing the House
-Showing the House
-Showing the House
-Showing the House
(I think you get the picture!)
-Running Credit / Criminal Reports
-Verifying Employment
-Verifying past rental history
-Writing a lease
-Doing an inspection before the tenant moves in
-Setting up repairs that need to be completed
-Re-keying the house
-Lease Signing
-Collection of, and holding security deposit money in a Trust Account
-Being available to the tenant 24/7 for emergencies
-Having a list of reliable vendors to handle repairs when needed
-Do a move out inspections
-Process a Security Deposit Refund
(Are you thinking you need a Property Manager yet?)
What if the tenant doesn't pay the rent ?!?!?!
-Issue a 3 day pay or quit letter
-File a dispossessory warrant in court
-Appear for a court hearing
(make sure you have your paperwork in order!)
-File for a Writ of Possession
-Schedule with the police department a date and time to do an eviction
-Have a 4 person crew on hand for the eviction
(A Property Management Company is sounding good about now)
Ohhh, and don't forget about your needs!
-Record keeping of all the tenants calls and needs
(just in case you have to go to court)
-Keep copies of all receipts so you are prepared for filing your taxes
-Prepare a 1009 form for the income you received for your rental
-Have some type of report showing your expenses and income for the year
-And when the next year rolls around, and its time to re-rent the property,
YOU GET TO START ALL OVER AGAIN!
Wouldn't it be better to just let our Property Management Company handle all of this for you?
Providence Home Properties
678-586-5122
www.ProvidenceHomeProperties.com
-Advertising
-Showing the House
-Showing the House
-Showing the House
-Showing the House
(I think you get the picture!)
-Running Credit / Criminal Reports
-Verifying Employment
-Verifying past rental history
-Writing a lease
-Doing an inspection before the tenant moves in
-Setting up repairs that need to be completed
-Re-keying the house
-Lease Signing
-Collection of, and holding security deposit money in a Trust Account
-Being available to the tenant 24/7 for emergencies
-Having a list of reliable vendors to handle repairs when needed
-Do a move out inspections
-Process a Security Deposit Refund
(Are you thinking you need a Property Manager yet?)
What if the tenant doesn't pay the rent ?!?!?!
-Issue a 3 day pay or quit letter
-File a dispossessory warrant in court
-Appear for a court hearing
(make sure you have your paperwork in order!)
-File for a Writ of Possession
-Schedule with the police department a date and time to do an eviction
-Have a 4 person crew on hand for the eviction
(A Property Management Company is sounding good about now)
Ohhh, and don't forget about your needs!
-Record keeping of all the tenants calls and needs
(just in case you have to go to court)
-Keep copies of all receipts so you are prepared for filing your taxes
-Prepare a 1009 form for the income you received for your rental
-Have some type of report showing your expenses and income for the year
-And when the next year rolls around, and its time to re-rent the property,
YOU GET TO START ALL OVER AGAIN!
Wouldn't it be better to just let our Property Management Company handle all of this for you?
Providence Home Properties
678-586-5122
www.ProvidenceHomeProperties.com
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