Property Management Procedures

• Order Property Profile
• Evaluate property
• Inform owner of current rental value
• Advertise in the Real Estate Weekly, South Valley Homes, and Community Magazine
• Place information on the internet with Navy Base and Craigslist.
• Place a rental sign in the yard.
• Screen applicants – run credit checks, call for verification of employment. Call for verification from current landlord and previous landlord.
• Once rented, prepare rental agreement, collect deposit and rent.
• Have keys made.
• Collect monthly rent
• If the tenant fails to pay, a 3-day pay or quit will be administered.
• Disburse collected funds to owners and prepare a monthly report.
• Handle all repair requests, notify the owner, and deduct from owners account.
• Once a year, do smoke detector and carbon monoxide detector checks.
• Fee for service is 9% of rent collected.
• 1099 for year end with a full report on income and expenses.