We'll Take Care of the Rest For many, the dream of renting their property is the dream of passive-income. The dream of being able to not have to think about collecting rent payments, who to contact for repairs and maintenance, and finding the most qualified tenants that will treat your property with the respect and consideration it deserves. Here at Curtis Knight Real Estate, our professional property managers handle every aspect of the management process so that you can receive your income without the inconvenience of doing it all yourself. Determine Accurate Rental Rate Document every exterior and interior detail of the property with high resolution photography. Use of video when appropriate. Recommend cosmetic and functional improvements that increase monthly rent amount and return-on-investment. Lock box installation. Appraise market value of property to maximize ROI when determining rental rate. Talk through the advantages and disadvantages of various rental policies, such as pets and smoking. Market the Rental Property Home preparation, to include interior cleaning and landscaping. Stage home and create both photo and video tours. Advertise the property through newspapers, social media, MLS connected websites, signs, and more! Utilize our network of leasing agents and realtors to find the ideal tenant. Responsive availability to answer questions from prospective tenants and schedule them for showings. Responsive availability to meet prospective tenants at the property and conduct a showing. Issue prospective tenants rental applications that are legally compliant with fair-housing law standards. Collection of all rental applications and associated rental application fees. Screening and Selection of Tenant Perform background check to confirm rental history, income, identity, credit history and more. Determine who will be the best fit for the property. Notify tenants who were not accepted. Moving In Verify the move-in date with new tenant Review all terms of the lease agreed upon. Emphasize key points such as rent payment schedule and expected maintenance. Sign lease-agreement. Conduct a thorough move-in inspection with the new tenant and have them sign a report indicating the condition of the property prior to moving in. Collect security deposit and first month's rent from tenant. Collection of Rent Receive rent. Track down late payments. Administer late-fees. Issue pay or quit notices. Handling Evictions In order to fulfill an unlawful detainer action, the proper paperwork will be filed to initiate the process of removing a negligent tenant. Property manager will represent the owner in a court of law. Property manager will collaborate with law enforcement to remove tenant and tenants possessions from property. Legal Issues Offer suggestions in the case of litigation. Comply with the latest local, state and federal legislation that applies to maintaining and renting properties. Recommend a qualified lawyer when necessary. Inspection Services Conduct monthly exterior property inspections, searching for lease violations, safety hazards, repair requirements, and more. Conduct biannual interior property inspections, searching for lease violations, safety hazards, repair requirements, and more. Send periodic reports on the condition of the property to the owner. Financial Services Make payments such as mortgage, Home Owners Association, insurance etc. on the owner's behalf. Comprehensive documentation of expenses. Maintenance of all associated historical records such as inspection reports, leases, invoices etc. Indicate important tax deductions related to property. Supply a comprehensive, easy-to-read breakdown of itemized expenses and income on a monthly basis. Maintenance and Repairs Set-up a preventative maintenance policy to identify and take care of repair needs as they arise. Maintain and oversee a 24 hour emergency repair hot-line. Maintain outdoor areas, unless otherwise indicated in tenant's lease. Moving Out Inspect property and create report on property's condition post-tenancy. Issue copy of report to tenant with attached damages incurred (if necessary). Return remainder of security deposit to tenant. Deep clean property and make any necessary repairs or renovations. Change the locks. Put property back on the market.